Jan 17, 2006

Why are we still using pennies?

If you pay with cash it’s inevitable that you’ll receive back change. Now change unto it’s self are a pain let alone pennies. Which brings me to my next question… “Why are we still using pennies”? Can we just round up to the nickel? Can we just eliminate pennies from the whole picture? I mean do we need to be that accurate when we’re purchasing items. Instead of an item costing $4.78, it would cost $4.80. Are we all that concerned about those extra two pennies? Would we even notice the change?

I guess when it comes to the big picture we wouldn’t notice the change. Of course I’m no numbers expert but I know getting rid of pennies would have an impact especially on lower priced items. In effect, we would be paying more. But you know what? I’m all in. I’m tired of dealing with pennies. I know some of you will suggest using a debit card. Most of the time I pay with a debit card but not always.

The folks over at kokogiak media have answered the question “Have you ever wondered what a billion pennies would look like?” Well sure, I’ve often wondered that. Exactly how many pennies is that? Not only have they answered that question, but also they’ve taken it a bit further out.

The mega penny project

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  • http://www.fincher.org/Misc/Pennies/index.shtml Zack
  • http://www.fincher.org/Misc/Pennies/index.shtml Zack
  • http://bloggingboner.com BloggingBoner

    When someone asks you, “A penny for your thoughts,” and you put your two cents in, what happens to the other penny?

  • http://teamtapper.com Brendan | San Mateo Real Estate

    Good question! I hate pennies. I have no place to put them but my cup holder and it rattles all the time. Very annoying.

    Even panhandlers look at me with disgrace when I give them the 50+ pennies that occupy my car.

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