for a penny, would you?
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for a penny, would you? (by Hollis [MA]) Jan 15, 2023 5:47 PM
       for a penny, would you? (by Hollis [MA]) Jan 15, 2023 5:49 PM
       for a penny, would you? (by plenty [MO]) Jan 15, 2023 6:07 PM
       for a penny, would you? (by Dee Ann [WI]) Jan 15, 2023 6:26 PM
       for a penny, would you? (by RB [TN]) Jan 15, 2023 6:30 PM
       for a penny, would you? (by MAT [PA]) Jan 15, 2023 7:39 PM
       for a penny, would you? (by Robert J [CA]) Jan 15, 2023 7:48 PM
       for a penny, would you? (by Kevin [FL]) Jan 15, 2023 7:51 PM
       for a penny, would you? (by Busy [WI]) Jan 15, 2023 8:08 PM
       for a penny, would you? (by Josh [CA]) Jan 15, 2023 8:17 PM
       for a penny, would you? (by Allym [NJ]) Jan 15, 2023 8:24 PM
       for a penny, would you? (by small potatoes [NY]) Jan 15, 2023 8:31 PM
       for a penny, would you? (by Ken [NY]) Jan 15, 2023 8:44 PM
       for a penny, would you? (by WMH [NC]) Jan 15, 2023 9:58 PM
       for a penny, would you? (by JR [ME]) Jan 15, 2023 10:10 PM
       for a penny, would you? (by JR [ME]) Jan 15, 2023 10:22 PM
       for a penny, would you? (by Hollis [MA]) Jan 15, 2023 11:03 PM
       for a penny, would you? (by don [PA]) Jan 16, 2023 3:20 AM
       for a penny, would you? (by don [PA]) Jan 16, 2023 3:21 AM
       for a penny, would you? (by DJ [VA]) Jan 16, 2023 7:25 AM
       for a penny, would you? (by myob [GA]) Jan 16, 2023 7:28 AM
       for a penny, would you? (by S i d [MO]) Jan 16, 2023 8:53 AM
       for a penny, would you? (by myob [GA]) Jan 16, 2023 9:40 AM
       for a penny, would you? (by Busy [WI]) Jan 16, 2023 11:20 AM
       for a penny, would you? (by Allym [NJ]) Jan 16, 2023 11:26 AM
       for a penny, would you? (by Ken [NY]) Jan 16, 2023 12:00 PM
       for a penny, would you? (by Gene [OH]) Jan 16, 2023 1:13 PM
       for a penny, would you? (by Wilma [PA]) Jan 16, 2023 1:37 PM
       for a penny, would you? (by Busy [WI]) Jan 16, 2023 3:53 PM
       for a penny, would you? (by Jason [VA]) Jan 16, 2023 8:26 PM
       for a penny, would you? (by Still Learning [NH]) Jan 16, 2023 8:41 PM
       for a penny, would you? (by Hollis [MA]) Jan 16, 2023 9:24 PM
       for a penny, would you? (by Robert,OntarioCanada [ON]) Jan 17, 2023 4:51 AM
       for a penny, would you? (by S i d [MO]) Jan 17, 2023 2:55 PM
       for a penny, would you? (by BRAD 20,000 [IN]) Jan 17, 2023 4:35 PM
       for a penny, would you? (by 6x6 [TN]) Jan 17, 2023 6:25 PM
       for a penny, would you? (by Ray-N-Pa [PA]) Jan 17, 2023 8:48 PM
       for a penny, would you? (by Busy [WI]) Jan 17, 2023 11:07 PM
       for a penny, would you? (by 6x6 [TN]) Jan 18, 2023 6:39 PM
       for a penny, would you? (by Gene [OH]) Jan 18, 2023 8:29 PM
       for a penny, would you? (by 6x6 [TN]) Jan 19, 2023 4:40 PM


for a penny, would you? (by Hollis [MA]) Posted on: Jan 15, 2023 5:47 PM
Message:

Interesting, at least to me in observing something. I have some young employees and I noticed a little while ago because each has to keep their own space clean, that one of them was sweeping up and swept up a penny in the dustpan and just tossed it in the garbage. Now I know a penny doesn't buy much anymore, but I guess its lodged in my brain, from the olden days,.that you don't toss them out.

So my experiment was putting a penny on the floor of a couple other employees area and when I could watch them sweep up in the morning, I noticed they did the same. Later I did the same thing with a nickel and found that 2 of them the same thing with the nickel.

So my next experiment, (maybe have too much time on my hands,but hey its a long winter), I put pennies on the sidewalk in front of our place and at a couple and places that I have to go to like the post office. They seem to stay a long time before they were gone. I don't know if someone picked them up or they were gone by someone by just reaping up in front of their establishment.

Then with nickles and many times they would also stay there for a while before disappearing. Dimes and quarters went faster . So one day I brought some work with me in my car and I placed them close with in sight.,.(.no snow here rt now.). I noted that mostly older people would pick up the dimes and quarters and yet many of the young people didn't bother.

So would you pick up a penny? How about if it's a nickel, dime or a quarter? By the way I try to make sure all coins were very shiny to possibly be noticed. but its not a great experiment as I don't know if many did not look down to see them,.. but I do think it says something about the value of coins and especially young people's attitudes. --66.30.xx.xxx




for a penny, would you? (by Hollis [MA]) Posted on: Jan 15, 2023 5:49 PM
Message:

Opps,..I guess I should have listed this as OT,..sorry I don't know how I can edit the title. --66.30.xx.xxx




for a penny, would you? (by plenty [MO]) Posted on: Jan 15, 2023 6:07 PM
Message:

Yes I pick up every coin and I hold it up to heaven and say "Thank you Jesus for the symbol of abundance." To me it's a symbol of abundance. Sounds like to some money is a symbol of trash. --172.56.xx.xxx




for a penny, would you? (by Dee Ann [WI]) Posted on: Jan 15, 2023 6:26 PM
Message:

Yes I pick up every coin I happen across.

Awhile back I had dreams every so often about finding coins, all different values. A very profitable dream and I woke up very happy :) --75.11.xx.xx




for a penny, would you? (by RB [TN]) Posted on: Jan 15, 2023 6:30 PM
Message:

Always have and always will !

How do ya think a guy like me got to be a guy like me.

--24.183.xxx.xxx




for a penny, would you? (by MAT [PA]) Posted on: Jan 15, 2023 7:39 PM
Message:

Absolutely pick them up. I like how RB phrased it. Itís an indication of oneís mindset to me. --173.49.xx.xx




for a penny, would you? (by Robert J [CA]) Posted on: Jan 15, 2023 7:48 PM
Message:

I remember reading a local story about a jogger who always picked up loose change while running each morning. After around 7 years, he had enough change to buy himself a new car. --47.149.xxx.x




for a penny, would you? (by Kevin [FL]) Posted on: Jan 15, 2023 7:51 PM
Message:

I love finding cash on the sidewalk, that's why I am a landlord and they are renters. When cleaning out homes I bought I find coins all over the floors. --47.202.xxx.xxx




for a penny, would you? (by Busy [WI]) Posted on: Jan 15, 2023 8:08 PM
Message:

I get most of my loose change from the sidewalks and driveways, and parking lots of businesses around my rentals. Bending over to retrieve them keeps me flexible!

And, nope, I don't find loose change on the ground in more affluent areas. That says a lot!

I have my grandkids count up the loose change, then record the amount on a slip of paper, slip coins and the paper in a ziplock bag I keep in my purse. Then, when there isn't anyone in line behind me at a fast food place, or a grocery store, I use that change in its entirety, finish the transaction with the credit card. Often I have to tell the cashier, ' Enter the change first, then run the credit card.'

I always enjoyed counting change back when I cashiered. Odd thing to enjoy, perhaps. --70.92.xxx.xxx




for a penny, would you? (by Josh [CA]) Posted on: Jan 15, 2023 8:17 PM
Message:

Yes I also pick up change. I put it in my pocket. When I am at one of my multi-dwelling properties I toss the coins in front of the doors or in the courtyards that have young children, they get all excited when they find them.A delight to witness. I have been doing this for over 24 years. --71.9.xxx.xx




for a penny, would you? (by Allym [NJ]) Posted on: Jan 15, 2023 8:24 PM
Message:

Always and I thank my father who passed in 1990 and left us twenty units in distress. I pretend he put it there just for me to find if I am having a bad day or a good one. Spirits actually can arrange things like that. --71.188.xx.xxx




for a penny, would you? (by small potatoes [NY]) Posted on: Jan 15, 2023 8:31 PM
Message:

As disgusting as it might get cleaning up a rental, I will not consciously sweep up and chuck a penny. I will admit that I have bypassed some on the street recently like on my way to the PO and forget to pick them up on the way back.

There is a Don Martin strip in Mad magazine where the person bends over to pick up the penny and winds up in the hospital with an expensive back surgery --24.194.xxx.xx




for a penny, would you? (by Ken [NY]) Posted on: Jan 15, 2023 8:44 PM
Message:

NO,I do not. --74.77.xx.xx




for a penny, would you? (by WMH [NC]) Posted on: Jan 15, 2023 9:58 PM
Message:

I have a large glass jar, about 3 feet tall, from Pier One or something. For years it was my "Laundry Tax" jar as I kept ALL the money (bills or change) left in pockets. Paid for vacations a couple of years! But over the past decade, nothing No one carries change anymore, or even dollars. --108.4.xx.xxx




for a penny, would you? (by JR [ME]) Posted on: Jan 15, 2023 10:10 PM
Message:

Iíd frame it to a young person that saving a penny rather than throwing it out is the ďgreenĒ thing to do. I feel guilty about throwing out a tin can, even though I have to drive 16 miles round trip to the recycler, burning a gallon of gas in doing so. --98.13.xx.xxx




for a penny, would you? (by JR [ME]) Posted on: Jan 15, 2023 10:22 PM
Message:

Iíd frame it to a young person that saving a penny rather than throwing it out is the ďgreenĒ thing to do. I feel guilty about throwing out a tin can, even though I have to drive 16 miles round trip to the recycler, burning a gallon of gas in doing so. --98.13.xx.xxx




for a penny, would you? (by Hollis [MA]) Posted on: Jan 15, 2023 11:03 PM
Message:

I would say that most of the LL's here are different than the general population (In many ways) Perhaps because we value our money that we have worked for?

Another thing I don't see anymore is at local stores is a container at the checkout counter that says "ADD A PENNY-LEAVE A PENNY" ... --66.30.xx.xxx




for a penny, would you? (by don [PA]) Posted on: Jan 16, 2023 3:20 AM
Message:

I do. The way I look at it, we all need exercise, so I am just getting a little exercise in. --73.141.xxx.xxx




for a penny, would you? (by don [PA]) Posted on: Jan 16, 2023 3:21 AM
Message:

Plus, if it is pre 1982, it is worth two cents in copper! --73.141.xxx.xxx




for a penny, would you? (by DJ [VA]) Posted on: Jan 16, 2023 7:25 AM
Message:

Yes, I pick up coins from the ground / floor. Bills, too.

I think it goes back to my frugal up-bringing, and my general knowledge that little things add up to be a lot when put together. It's the same ideal that helps promote perseverance in the face of struggles - every little step/accomplishment gets you closer to the goal.

I try to always be aware of the environment around me, so perhaps I notice them more than others. Recently, on a trip, I found someone's credit card & then a wallet on the airport floor.

I always turn them in to someone with some authority (and hope they are honest too), hoping they will be returned to the owner. But random coins I keep. --68.229.xxx.xxx




for a penny, would you? (by myob [GA]) Posted on: Jan 16, 2023 7:28 AM
Message:

When we have a vacancy my wife loves going in first and picking up all the coins-- penny's, nickels, dimes and quarters are usually thrown all over the place. She'll come out with a handful of change. I say to myself-- AH! THATS THE GIRL THAT MADE ME A MILLION!

I've said this here before: watch the penny's and the dollars will follow!

Oh forgot when she see's a penny she says it's a lucky one if it's laying face up??

--108.239.xx.xx




for a penny, would you? (by S i d [MO]) Posted on: Jan 16, 2023 8:53 AM
Message:

Would you buy a $50,000 that you could sell for a $10,000 profit?

If not, then why do you pick up spare change?

I get the whole mindset thing, but there are two different ways to look at it. One mindset is never to leave ANYthing of value because value is value.

But, that said.... I just closed on a 16-unit, multi-million $ commercial property this past Friday. If I were still chasing $50,000 houses that I could sell for $10K profit, I'd have never had the time or resources to acquire this amazing property.

As we move through life, we go through stages. At one stage I needed to mess with those little houses. Now, I don't. I leave them for the newbies who are just getting started. I'm not saying I won't flip one if it falls into my lap, but I'm not going to spend any time or effort chasing them, or to continue the metaphor, bending down to pick them up.

Here's how I look at it: in the Bible the rich landowners are told not to glean (harvest) the leftovers at the edges of their fields. That is to be left for the poor who do not own land and would otherwise starve. Yes, that grain had value, but it's value wasn't for me. It was for those who didn't have access to the resources (land), skill (farming), and knowledge to be wealthy landowners. See Leviticus 23:22 for more detail about this interesting system of social welfare.

Just so with spare change: someone out there may need it, but not me. I leave it for those who are in need of it.

If you want to collect change, no judgment. Whatever works for you!

--184.4.xx.xx




for a penny, would you? (by myob [GA]) Posted on: Jan 16, 2023 9:40 AM
Message:

Sid maybe your analogy is wrong?

Using your info if a property was free you wouldn't pick it up (like a coin)? The coins are free you just have to bend to get them (and not always bend either)

You did say you would pick up a flip if the price was right-- the coin price on the carpet or sidewalk is right it's free.

Glad to hear you got another property that is great news. --108.239.xx.xx




for a penny, would you? (by Busy [WI]) Posted on: Jan 16, 2023 11:20 AM
Message:

Wow, Sid. That was the most bragadocious post I think I've ever seen.

Guess I'm just not your equal. Aren't you so superior? --70.92.xxx.xxx




for a penny, would you? (by Allym [NJ]) Posted on: Jan 16, 2023 11:26 AM
Message:

There is still a Leave a penny, take a penny at the local hardware store. It's a Tru Value but the 90 year old owner started his store in an old house down the street so it's an old time hardware store in spirit and the owner was there this week working. His sons and now grandsons work there. If I see free samples somewhere I don't take them and leave them for the "poor" or someone needy. Interesting about not gleaning all the grain, Sid. Mostly I am familiar with the New Testament but did read the whole thing over a spring break in college. In my former religion it might be seen as wastage as no one would glean it and it could be given to someone. --71.188.xx.xxx




for a penny, would you? (by Ken [NY]) Posted on: Jan 16, 2023 12:00 PM
Message:

Sid,well said --74.77.xx.xx




for a penny, would you? (by Gene [OH]) Posted on: Jan 16, 2023 1:13 PM
Message:

I have always picked up loose change. Since my back surgery, it is still hard to bend over, but if I have something I can lean on to bend over I will pick it up. Recently at a gas pump, I had to kick a penny nearer to a quarter where I could lean and pick up both.

Sid, I had never thought of the loose change that way, but what I find is that the poor rarely value loose change enough to pick it up. In fact, I do believe that the poor are usually the ones who drop the change and don't consider it worthwhile to pick them up. Just my 2 cents worth. --99.165.xx.xxx




for a penny, would you? (by Wilma [PA]) Posted on: Jan 16, 2023 1:37 PM
Message:

I do pick up coins, it's a hard habit to break - even though we're well-off now. But I will generally drop them into the local charity coin box at the convenience store, or if I see kids checking coin-operated vending machines, will slip some in there when they aren't looking. A favorite memory is of a 5-year-old boy checking the copy machine at the post office and expressing disappointment to his mom. I slipped 3 quarters onto the top where the paper clips tray was, then wandered by them and commented that I sometimes found coins on the top of the machine. He was there like a flash, and literally jumped up and down over his 75 cent haul. Mom mouthed, "Thank you", and I winked. Good fun! --96.245.xx.xx




for a penny, would you? (by Busy [WI]) Posted on: Jan 16, 2023 3:53 PM
Message:

Wilma, thanks for the smiles!

When we took our kids on a trip to DC many years ago, our daughter made a game out of checking all pay phones and vending machines. I think she pocketed over $8. Pretty good for a nine year old. --70.92.xxx.xxx




for a penny, would you? (by Jason [VA]) Posted on: Jan 16, 2023 8:26 PM
Message:

I guess Iím the odd man out. I donít use cash for anything, nor am I going to pick up loose change that Iíll never spend. --172.56.x.xxx




for a penny, would you? (by Still Learning [NH]) Posted on: Jan 16, 2023 8:41 PM
Message:

I think those of us that are older still use change and actual money. The young generations donít use actual money so change doesnít have value to them. They use plastic and digital to pay for everything. --75.67.xxx.xxx




for a penny, would you? (by Hollis [MA]) Posted on: Jan 16, 2023 9:24 PM
Message:

I once saw a study that said many people don't really register that when they pay by check and especially with a credit card that their brains don't fully register it as "money" in the same as paper and coin money. Maybe that is changing with very young people and maybe some older people can but the article pointed out that it was one major reason why people run up Credit cards. But somehow paper bills and even coins means real money to most people.

I have to say if I do buy something where I have to peel off a lot of bills,..it seems to hit me more than swiping a credit card.,. and I should know better --66.30.xx.xxx




for a penny, would you? (by Robert,OntarioCanada [ON]) Posted on: Jan 17, 2023 4:51 AM
Message:

The one and two dollar bill was taken out circulation where it is one dollar and two dollar coin. The penny is no longer used here as they round to the nearest dollar where when paying bills it is not rounded out when paying at bank from account. Other then Us penny or other Us coins which are worth more then Canadian money where have a jar full off Us coins. Most people who travel will convert to Us or the Euro if travelling to the EU as those are major currencies> So the existing penny is no accepted at the bank where can only use for scrap metal. Have not been to the Us for quite a while where if go will use up Us coins when buyiing gasoliine or other purchases. There is no longer any paper money here where it is all plastic then if look at Austraiian and New Zealend it very clooe. Plasrtic is lot thiner where in wallet it takes a lot to expand. It is really diificult to counterfied. Still refund beer bottles as enough will bring in cash where when some tenants moveed out 10 cent s per bottle would bring in some cash. Beer bottles and aluminium cans are worthwhile to return to recycle where not much is paid metal where brass and copper will bring is some cash. Some tenants smoke, drink then eat out a lot where if even if salaries are good they never save up to buy a house. --68.69.xxx.xxx




for a penny, would you? (by S i d [MO]) Posted on: Jan 17, 2023 2:55 PM
Message:

Busy... relax. Read it again. I'm not bragging. I'm offering perspective on why I would or wouldn't pick up change.

Think of it like this: Does the CEO of a company clean the toilets at his office, or does he hire a janitor? If he's smart, he'll hire one or more janitors to do that job. It's also generous. He's leaving work and the money it creates on the tables so that others can do and earn a living from it. It has nothing to do with pride: it has to do with spending one's time and effort doing the things that are the most critical.

I don't work to pick up small deals any more. Not because I'm too proud. It's because I don't need them any more. I used to do them when I started out, but not any more. I've decided to focus my time and effort on larger deals that in my calculation will pay off better in the future. Sure, if the el-cheapo deal literally falls in my lap, I'll do it, but otherwise I've got other stuff that needs to be done, and sadly... there are only 24 hours in the day to do the things that need to be done.

Gene, yeah, I hear what you're saying. I probably pushed the analogy too far. Maybe it's just a bad analogy in general, and I'll apologize for that if that's the case. But was I bragging? Nope. As I stated earlier, we move through stages in life. Some of us stop earlier than others. Others go beyond us. It is what it is and to each their own.

--184.4.xx.xx




for a penny, would you? (by BRAD 20,000 [IN]) Posted on: Jan 17, 2023 4:35 PM
Message:

Hollis,

Interesting experiments! At first I thought this would trigger all the LL stories about collecting coins at turnover.

As I think about it we don't see many coins at clean up anymore. Local factories pay by debit card so most folks don't deal with cash. Remember the recent coin shortage??

SID, Good explanation about growing a business! Congrats on your big deal! (cue music "Movin On UP!") Was this property on the "East Side" by any chance:)

Me? You beat me to it. I leave it for the Gleaners. I don't need the coin but someone else will.

Also, with out sounding too braggy, It's not worth my time to fiddle with coins. Pick up, carry, put in a jar, take them to the bank...

BRAD --73.103.xxx.xxx




for a penny, would you? (by 6x6 [TN]) Posted on: Jan 17, 2023 6:25 PM
Message:

I'm surprised by those who don't. I may need to read this again. I think Gene is right about the poor. --73.113.xxx.xxx




for a penny, would you? (by Ray-N-Pa [PA]) Posted on: Jan 17, 2023 8:48 PM
Message:

I get the whole penny saved is a penny earned crap.

But a penny saved or a penny picked up is silly.

How much effort did you expend to earn that penny? If you picked up change strictly for a living perhaps you could be making yourself $2.00 an hour as you walk down a street. Is there anything else that you can be doing though so that you can earn the really big bucks - maybe even $3.00?

I don't believe you can save your way to wealth --24.101.xxx.xxx




for a penny, would you? (by Busy [WI]) Posted on: Jan 17, 2023 11:07 PM
Message:

I don't think it has ANYTHING to do with acquiring wealth, but its perspective. I ALSO pick up ANY loose trash whenever I visit the rentals. But, then, I'll get into it with those who want to argue that its not their job to train tenants. Or kids, or others watching.

As far as business, oh, for sure, the phrase don't step over dollars to pick up pennies applies. But that wasn't what was asked.

Oh, I also grab a shopping cart from the cart corral , or better yet, one that some idjit left rolling around to scratch up somebody's car, BEFORE I go into the grocery store. --70.92.xxx.xxx




for a penny, would you? (by 6x6 [TN]) Posted on: Jan 18, 2023 6:39 PM
Message:

Ray, I always appreciate hearing your input or reading your responses, as well as others.

Although you may be right in that you cannot save your way to wealth, as I am learning even more from this current time of inflation, I do think that saving can change a person's life. I believe that I am an example of that.

No, I am not financially intelligent as lot of you on this form. Growing up in a welfare home of an uneducated, single parent, and never being around anyone who was business savvy or that talked finances, I think becoming a saver made a huge difference in my life. By all means, and by laws of physics(?), I should be a renter and living on welfare, as my other siblings have done. The only thing that I could think of to do, as a young person with no financial education, and bad examples, was to work and save as much as possible. I was able to buy my house (not much, I know) when I was in my early 20's. I am pretty proud of that, considering the odds. I have been ridiculed by "friends" for not going anywhere and doing anything because I wanted to save money. I had a plan and was on a mission to accomplish a goal. Mission accomplished because of saving.

I know that I am ignorant compared to most and that I have a long way to go in my education, but slowly as it may be, I am gaining ground. Maybe I will be wiser to not save too much and learn more investing, now that I realize about investing as an option. I appreciate savers as I know what it can do and has done. I just need to switch gears.

I am done now. For now. --73.113.xxx.xxx




for a penny, would you? (by Gene [OH]) Posted on: Jan 18, 2023 8:29 PM
Message:

6X6, almost all of us had to save to be able to start investing. I saved for four years to have the money to buy my first rental property. I have saved over the years to be able to pay off my properties and am working to get the last few paid off this year. Since I am now officially retired, I am looking not so much at saving or investing, but at spending. That is a hard mind set to change.

You have done well for yourself and should take pleasure in knowing that you have done well and are working to do better in the future.

--99.165.xx.xxx




for a penny, would you? (by 6x6 [TN]) Posted on: Jan 19, 2023 4:40 PM
Message:

Thank you, Gene. Definitely a hard mindset to change. --73.113.xxx.xxx





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