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Report: Replacing $1 Bills with $1 Coins Could Save America Billions

A new report says America could save billions by scrapping $1 bills for $1 coins.


According to a U.S. Government Accountability Office report released Friday, if the United States were to replace its dollar bills with dollar coins, as much of the world has done, it would likely save the country $5.5 billion over the next 30 years. Because dollar coins are durable, capable of lasting decades, they're far more cost-efficient than dollar bills, which have a lifespan of about a year and a half. The report notes that though the initial transition would find the country incurring a loss for the first four years, each year beyond that would save the government millions.

America has introduced a dollar coin before, but the GAO says those efforts failed because the government didn't also take the dollar bill out of circulation, as Canada and the United Kingdom did when they traded paper for metal. "Officials from both [Canada and the U.K.] told GAO that this step was essential to the success of their transition and that, with no alternative to the note, public resistance dissipated within a few years."


Strangely, the majority of the public stands opposed to the dollar coin. Even when told it could save the country billions, 64 percent of Americans surveyed said they wouldn't want to see the dollar bill go away.

For more information on how to save money by changing our money, check out this great anti-penny rant below.

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via The Howard Stern Show / YouTube

Former Secretary of State, first lady, and winner of the popular vote in the 2016 presidential election, Hillary Clinton, sat own for an epic, two-and-a--half hour interview with Howard Stern on his SiriusXM show Wednesday.

She was there to promote "The Book of Gutsy Women," a book about heroic women co-written with her daughter, Chelsea Clinton.

In the far-reaching conversation, Clinton and the self-proclaimed "King of All Media" and, without a doubt, the best interviewer in America discussed everything from Donald Trump's inauguration to her sexuality.

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Politics
Pixabay

Offering parental leave for new fathers could help close the gender gap, removing the unfair "motherhood penalty" women receive for taking time off after giving birth. However, a new study finds that parental leave also has a pay gap. Men are less likely to take time off, however, when they do, they're more likely to get paid for it.

A survey of 2,966 men and women conducted by New America found that men are more likely to receive paid parental leave. Over half (52%) of fathers had fully paid parental leave, and 14% of fathers had partially paid parental leave. In comparison, 33% of mothers had fully paid parental leave and 19% had partially paid parental leave.

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Bans on plastic bags and straws can only go so far. Using disposable products, like grabbing a plastic fork when you're on the go, can be incredibly convenient. But these items also contribute to our growing plastic problem.

Fortunately, you can cut down on the amount of waste you produce by cutting down on disposable products. And even more fortunately, there are sustainable (and cute) replacements that won't damage the environment.

Coconut bowls


Cocostation

Who says sustainable can't also be stylish? These cute coconut bowls were handmade using reclaimed coconuts, making each piece one of a kind. Not only are they organic and biodegradable, but they're also durable, in case your dinner parties tend to get out of hand. The matching ebony wood spoons were polished with the same coconut oil as the bowls.

Cocostation Set of 2 Vietnamese Coconut Bowls and Spoons, $14.99; at Amazon

Solar powered phone charger

Dizaul

Why spend time looking around for an outlet when you can just harness the power of the sun? This solar powered phone charger will make sure your phone never dies as long as you can bask in the sun's rays. As an added bonus, this charger was made using eco-friendly silicone rubber. It's win-win all around.

Dizaul Solar Charger, 5000mAh Portable Solar Power Bank, $19.95; at Amazon, $19.95; at Amazon

Herb garden kit

Planter Pro

Put some green in your life with this herb planter. The kit comes with everything you need to get a garden growing, including a moisture meter that helps you determine if your herbs are getting the right amount of food to flourish. All the seeds included are certified to be non-GMO and non-hybrids, meaning you can have fresh, organic herbs right at your fingertips.

Planter Pro's Herb Garden Cedar Planter, $39.00; at Amazonedar Planter, $39.00; at Amazon

Reusable Keurig cups

K & J

Keurig cups are convenient, but they also create a ton of plastic waste. These Keurig-compatible plastic cups are an easy way to cut down on the amount of trash you create without cutting down on your caffeine. Additionally, you won't have to keep on buying K Cups, which means you'll be saving money and the environment.

K&J Reusable Filter Cups, $8.95 for a set of 4,; at Amazon

Low-flow shower head

Speakman

Low-flow water fixtures can cut down your water consumption, which saves you money while also saving one of the Earth's resources. This shower head was designed with a lighter flow in mind, which means you'll be able to cut down on water usage without feeling like you're cutting down on your shower.

Speakman Low Flow Shower Head, $14.58; at Amazon

Bamboo safety razor

Zomchi

Instead of throwing away a disposable razor every time you shave, invest in an eco-friendly, reusable one. This unisex shaver isn't just sustainable, it's also sharp-looking, which means it would make a great gift for the holidays.

Zomchi Safety Razor, $16.99; at Amazon

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