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RIP to the Penny: The Real Reason It’s Gone and the Future of Money
The penny has officially been laid to rest — and while most of us won’t shed a tear, its retirement marks a surprisingly big moment in how America handles money.
In this quick update, I’m walking you through what happened to the penny, why the U.S. finally pulled the plug, and what this tiny change means for your wallet and the future of cash.
You’ll hear:
- Why the U.S. Mint stopped making pennies and how much money it saves
- How other countries (like Canada) ditched their low-value coins decades ago
- What rounding rules mean for your everyday purchases
- Why this signals a major shift toward a digital-first financial system
- What to do if you still have jars of pennies hiding in your house
A little funeral, a little financial education, and a lot of clarity about where money is heading next.
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Published on 3 weeks, 3 days ago