Do You Have A Coin Budget ?

$25 per week is a pretty good amount.

I get $30 per week out of my paycheck, I use it as an "Allowance" and can use it for sodas, lunch, coins or whatever. I usually take my lunch to work so I only spend a few dollars a week on sodas & snacks, the rest usually goes towards coins.

You can really make that $25 work harder if you buy rolls from the bank to search.(and it's FUN too!) If I buy a $25 box of cents I average 5-6 wheaties which sell for 3 cents each and about $5 or $6 dollars worth of copper cents which I sell for 1.5 cents each when I get enough of them. Then cash in the rest of the cents and add in next weeks $25 box and start over again. If you search half dollars it's the same thing only you get a better profit margin per coin but they are harder to find.

BTW, I also hate to leave the coin shop empty-handed

The coins that I am searching for are specific and don't come around that often so I buy em whenever I can...within a reasonable price.

A budget never worked for me really. I'll spend $50 one month then none the next...then $200 the next...then a 3 month hiatus.

yes...i work a coin budget...save and buy those you desire..i went to a coin show yesterday and didn't purchase a thing...i saw those I would liked to have purchased, but nothing.

Yes, and like the national debt it has a significant deficit spending problem! Get thee away from me PayPal!

I get spiffs at work every week and average between 75-150 and most of that will go to coins

I try to budget myself at $20 when I visit the coin store. I haven't been in very often lately so the next time I go I'm sure I'll rationalize bumping that figure up.

I don't budget myself on bankrolls because I figure most of it goes back there anyway.

What is a budget?

I try to go by feel. Do I feel that I have spent too much this week/month? Do I feel like I can live with spending a little more? Do I feel like paying the mortgage this month?

I have tried to limit my spending. I even talk myself into stopping for a week or two but it does not work.

Hello, my name is Jim and I am a coinaholic...

Jim

I don't smoke and I don't drink or anything like that. So I figure now and then I can splurge $50 here and there. BUT then when I get home I wonder if I really got a good buy--even though I look at the RedBook I still wonder. US newbies are good targets for some who want to make a good profits.

Gussyboy1