|Canadian $2 Coin|
Onward with the jingle of toonies. For those of you not familiar with the Canadian monetary system "toonie" is a nickname for the $2 coin. To explain this I will give you some history. In 1987 The Royal Canadian Mint and the Canadian Government introduced into circulation the $1 coin, which would replace the $1 bill. These gold coloured coins were minted on the reverse with the image of the loon, a prevalent bird in Canada. As a result, the name "Loonie" came to mean a $1 coin. In 1996 the $2 coin was introduced and the nickname "Toonie" (or "Twoonie") fell into place. And yes, it is part of the Canadian-English vernacular. That is where my Toonie Trust comes in to play.
Not long ago, I was making a small purchase and paid for it, in its entirety, with toonies. The cost was approximately $8 yet I handed over $10 worth of the coins and received my change. That made me realize how much toonies are used AND how easily they add up. Adding up so easily that I could have a jar of change worth more than the quickly forgotten penny (which is no longer used in Canada). My TOONIE TRUST has begun. Since I try to pay for many purchases with cash I can use toonies to my advantage. When I am given toonies as change I will attempt to not use them throughout the day. I will not make a point of using them and at the end of the day I will transfer them to a jar to watch the sum grow. As it grows I will deposit them into my RTW account and see my balance rise. I know some may see this a silly way to save but for me, money not seen is money saved. A toonie here and a toonie there does add up. Five toonies equals ten dollars and twenty-five equals fifty. That is $50 in my bank account and can be one day on the road (as proposed by Matt Kepnes in How to Travel the World on $50 a Day). You do the math.
Here's to the small steps resulting in big ones!
Photo credit: Wikipedia (Photo owned by The Royal Canadian Mint)