Pay for it, one penny at a time

As Henry stands at the customer service counter, the clerk asks if he’ll be paying for his hammer with cash or credit. Henry proceeds to pull out jars of pennies as the clerk looks on in agony. In the U.S., it is more than likely that Henry might be able to purchase his beloved hammer, especially in this economy. In Canada, he may or may not be so lucky.

Canada’s Currency Act of 1985 sets limits on the amount of coins that can be used for purchases. Sellers may turn you away if you try using all coins to buy something that costs $10 or even using Canadian one-dollar coins to pay for something that costs more than $25.

What is the most expensive item you’ve paid for using only pennies?

Courtesy of Yahoo! Travel. Click here to read the entire article.


Improving the lives of our members... one member at a time.

Posted in Improve your life, Money Saving Tips

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