Hello.
So the other day, as I was walking down the street and I heard an annoying jingling sound. I stopped to investigate. Coincidentally, as soon as I stopped walking, the jingling sound had ceased.
Upon further investigation, it turns out that the jingling was coming from my pocket. It would appear that there was a fistful of pennies creating a ruckus in my leftmost pocket.
Now I dont usually complain*, but today I will make an exception.
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Why do we need pennies? Why do we receive them as change? Why doesnt everyone just round down or up accordingly? If we started rounding up or down, in a WORST-case scenario, you would lose a total of 4 cents.
Lets do this math together.
Say the average person has three cash transactions a week. Lets say it was a worst-case scenario for each one. Thats a total of 12 cents lost in a week. 52 weeks in a year = $6.24 a year. The average person lives to approximately 80 years old --probably about 70 of those years you will be buying stuff. 70 years at $6.24 a year is $436.
$436.00 IN A LIFETIME. I paid twice that amount in taxes this past year. Some of which went towards penny-production, which, in 2000, lost us $30 million (which is 3,000,000,000 pennies).
This seems to be a losing battle. I recommend that we all gather up all of our pennies, go to a local shopping mall and throw them in that little pond. You know, the pond that used to have fish, but then people kept putting their grubby change into it until all the fish died.
You guys are nice for listening to me. I like you. Lets be friends.
Love,
jt
PS- the apostrophe key is broken, so I made due without them. Apologies to anyone that cares for grammar.
*yes I do
Labels: pennies
