Korean Job Discussion Forums

[redaxe]

Well, it's either that, or carry coins with you and try to pay exact change for stuff.

Or just use a debit card all the time and don't buy things at stores that require you to pay in cash.

[liveinkorea316]

I threw all my loose change in the dresser draw every night during my first month here and it totalled 60,000 won after just one month. I threw in 500won and lower coins and kept the notes.

I think they gotta do something in Korea with regards to coins. Back home I never used to get so many coins as change when I paid in cash. I think it is because prices were more closely rounded to the nearest dollar. In Korea I often get 5 or 8 coins in change after buying something.

[BoholDiver]

What it can do for you is discourage you from spending needlessly. But the effect is not big.

I save in a piggy bank. All my coins, everytime I come home. When I go out and want to use a vending machine, for example, I may not buy that drink b/c I have no coins. If I have a 1000 won bill I may use that, but if all I have is 5000 and 10000 bills, I likely won't buy that drink.

Also, using my bus card is 100 won cheaper than using coin, and the card gets a free transfer. I save about 3000 a month (I ride the subway a lot) on that 100 won discount and over 20000 a month on free transfers.

[balzor]

I traded in 430,000 last year and I'm at about 200,000 so far this year 1 and half 2 liter bottles full.

[NYC_Gal]

I'm not going to start carrying a coin purse around and taking forever to pay for my milk. I throw my coins in a jar, and every two or three months I take it to the bank and get about 50,000 won.

[Hugo85]

I had 86839 pennies once. 3 bottles of 18 litters and then some.

[DorkothyParker]

My husband always just tosses his change on the dresser. He never uses change at the store when making purchases! Some people are just like that. I almost always will try to make the change meet (including giving a 100 coin to get a 500 coin back).

I keep a bit handy in my purse, but the rest we are setting aside. As they say, "a penny saved is a penny earned." This is an easy way to save some money without feeling like you are sacrificing your "fun" money to savings.

[rumdiary]

If you don't speak Korean (like me) you accumulate a lot of change in Korea. This is because you don't understand when someone tells you how much something costs so you just thrust a 20 at them and shove whatever change they hand you into your pocket. Also, you can just bring the whole jar into the bank and have them deposit it into your account and not pay a fee. Back home the bank won't take it unless its in rolls. There are machines in grocery stores that charge almost ten percent to change it to paper money.

[AHawk843]

[Hotwire]

Boy do we have some delicate flowers on this site...

I carry around change, doesn't upset me in any way...

Maybe i'm wierd.

[eamo]

[BoholDiver]

There's a machine that automatically counts the coins.

[NYC_Gal]

That change pot came in handy today. I left my wallet at my friend's apartment while I ran home to feed my pets, and used 9,000 won in 500 won coins to pick up some lunch for the two of us from the local kimbap.

[rumdiary]

[pangaea]

rumdiary wrote: