Watch This — Why the Penny Must Die

Photo by Aperture51 / Shutterstock.com

The history of the U.S. penny dates back to 1792, making the little copper coin 225 years old. But some people believe it’s time to put the penny out to pasture. After all, it costs the U.S. Mint 1.8 cents to make one penny.

Do the math: Something is wrong with that picture.

Proponents of killing the penny point to other reasons why the coin is bad for the U.S. and its citizens. To learn more, check out CGP Grey’s video that explains the pros and cons of the penny.

OK, it’s pretty much all cons, but you get the picture.

What do you think of the idea of killing the penny? A penny for your thoughts: Share them by commenting below or on our Facebook page.

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

Read Next
Stop Overpaying for These 10 Common Purchases
Stop Overpaying for These 10 Common Purchases

The best price for many of these items is “free.”

5 Tax Breaks That Retirees Often Overlook
5 Tax Breaks That Retirees Often Overlook

Did you realize all these tax credits and deductions exist — or that they apply to retirees?

15 Painless Ways You Can Cut Costs in 2020
15 Painless Ways You Can Cut Costs in 2020

Follow these tips to save — so you’ll have money for things that really matter.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.

Trending Stories