In 2023, the U.S. Treasury announced it would be phasing out pennies from circulation due to their rising production costs and decreasing use in everyday transactions.
While the penny may still exist in your pocket change, it’s quickly becoming a relic of the past. This shift highlights the growing trend toward digital payments and a cashless society.
In the face of economic changes, now is the time to rethink your financial strategies and make smarter money moves.
Pro Tip: Protect your wealth against recession and financial uncertainty by opening a gold IRA today. Diversifying into precious metals could safeguard your assets from market volatility and inflation.