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299559
by pldc 11 Apr 2012 ( edited Apr 11'12 21:41 )
+35

we are losing our penny (1cent) in the fall does anyone have this for their currency? I am just wondering how it will affect the cost of designs everywhere especially when including the taxes?

Comments (14)
145305
by mops 11 Apr 2012
+9
We have a 1 cent coin, but it's no longer used in shops, they just round off to the nearest 5. But that's only when you pay cash, every other way you pay the correct amount. So it won't make any difference at all on designs.
1 comment
by pldc 11 Apr 2012
unless you don't buy on-line
817
by carolgm23 11 Apr 2012
+8
Which country are you in? I would like to know if it is the USA. Thanks, Carol
64451
by michemb 11 Apr 2012
+8
Being a fellow canadian, I think it is about time they got rid of it, of course they will round everything off and it will be easier.
20276
by mooie24 11 Apr 2012
+7
Our lowest value coin here in the Uk is the 1p.. the penny or one pence as we call it :-)
Our highest value coin in general circulation is
the £2 two pound coin.
Big hugs from London
Maria xx
1 comment
by pldc 11 Apr 2012
that's about the same as in Canada we have the penny & upto the $2. which is a toonie & the $1 is a loonie after the national bird the Loon
2872
by seamripper40 11 Apr 2012
+7
USA still has the penny.
173695
by cfidl 11 Apr 2012
+6
hmmm.
35675
by gerryb 11 Apr 2012
+6
I know a penny isn't much...but they add up! Just think..you buy 25 different items in a week, round UP to the next amount (I doubt they will round DOWN) & an item having 3 cents added to it: over a week's time you lost 75 cents; a month $3; over a year $36 dollars...and that's just for 25 separate items a week!! As my Dad always said "Count your pennies & your dollars will take care of themselves."
2 comments
by mops 11 Apr 2012
No, the prices stay the same, they are all 25 added up and THEN rounded off. So it's one or two cents less one time and next time one or two cents more. It won't make much of a difference over the year. When you pay electronic you pay the correct amount
by gerryb 12 Apr 2012
I did understand what you said. I was meaning all those times you run into the store for that one item you forgot the last time! Unfortunately, I do that a lot! Or have my DH stop while he's out & pick it up!But maybe it's just me that runs in for only one item. Oh well, nothing I can do about it anyway if the powers that be decide to eleminate anything! Just a thought.
373
by gord 11 Apr 2012
+7
I think it is a good idea when I pick up my MacDonalds coffee and it costs $1.56. Hope they don't make it $1.55.
1 comment
by zoefzoef 11 Apr 2012
Dream on I would say. When we switched to euros everything was recalculated and round upwards, not down
25510
by rsehorse 11 Apr 2012
+5
When my husband was in the military , we were stationed in Germany. On post we did not deal with pennies. Everything was rounded up or down to the nearest nickle. We really didn't miss the pennies and it evened out pretty much in the end. This the first I have heard of the pennies going away in the fall though.
26714
by mary51 11 Apr 2012
+5
First I heard this, what country?
6340
by marcellelewis 11 Apr 2012
+3
I am in the US. With everything going electronic now I would not be at all surprised to see more forms of currency disappear. Checks have almost been eliminated already.

It has been years since I bought a design on a CD. I have been spoiled by automatic download of designs. At my age I am just trying to keep up 'a little' so as not to get completely left behind in this age of computers.

Last year when my son saw that I had an Android phone he thought it so amusing to see me using it.

Marcelle
1 links:
[1] http://embroidery.gotop100.com/
embroidery.gotop100.com
299559
by pldc 11 Apr 2012
+2
Sorry ladies I didn't think to mention that I am in Canada. The reason I'm asking is because I am just learning to use the on-line shopping & I think the more informed I can be the better for me in the long run. Right? ***********2all, Hugs Loralye
1 comment
by bevintex 11 Apr 2012
On line I don't pay tax when i buy something from another state. If I buy in Texas then it is 8.25% sales tax. Don't know how that works for Canadians.
299559
by pldc 11 Apr 2012
+2
actually we have like many countries a dollar store, however we pay 13% in taxes sew in the end any shopping here will cost us more right? Or will it be less? if it's 13 will they make it 15? if sew then it will be more
51302
by designgirl 11 Apr 2012
+2
Only in Canada. eh!!!! We will have to pay the rounded up price. Don't you just hate it, I know I do.