Back in the day it was a “penny saved, a penny earned.”
That idea will now go the way of the dinosaur and will soon become a defunct way of thinking. The $20 bill, the $50 bill and the $100 note have all gone to plastic.
Our Canadian $1,000 bill was discontinued in the year 2000. The $2 bill and the $1 bill went to coin. That was bad news for men with wallets that have small coin compartments.
If the penny being axed proves successful, it is hinted that the Canadian nickel is next on the chopping block.
The term currency exchange in Canada (as of late) is starting to take on a new meaning. All is well and good I suppose?
But as a chronologically challenged individual who was raised through the late 1950s, ‘60s and ’70s, through the ’80s and ’90s and leading into the new millennium, I will sure miss the adage “a penny saved is a penny earned,” as well as the old saying that “if you count those pennies, the dollars will take care of themselves.”
That was the old-world thinking. Now it’s gone with the dinosaur.