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Man Pays Off Mortgage With 62,000 Pennies

Man Pays Off Mortgage With Pennies

A 60-year-old Milford, MA, man recently paid off his mortgage with loose change and lots of it. In fact, he used more than 62,000 pennies with a total weight of approximately 427 pounds. Call it one of the most decisive victories for the 99% ever.

According to Thomas Daigle, he began collecting pennies yeas ago after randomly finding one on the ground. “35 years ago, when my wife and I took out our mortgage for our first home, I happened to pick up a penny in a parking lot,” he said. “I said, I’m going to pay our last mortgage in pennies.'”

And did he ever. Daigle rolled 50 cents worth of pennies at a time over the next three-and-a-half decades. Then, he transported the pennies to Milford Federal Savings and Loan Association and paid off his home on his 35th wedding anniversary.

For Daigle, this was all a matter of keeping a promise to himself. “I’m a man of my word and I’m a man of commitment,” he said. “There is one thing you have in life: it’s your word. If you say you’re going to do something, do it.”

As for the bank, we’re not sure they appreciated Daigle’s level of commitment since it reportedly took tellers two days to unroll all the pennies. Take that banking infrastructure!

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