Takes the place of words such as:awesome, cool, hott...and so on. But is much more intresting than the ones listed. Savannah invented this word. She is pratically the defenition of it.
~you find something to be cool, wicked, or awesome.
OR
~if you just don't feel like giving a clear response.
Mark: Hey Jimmy look at my new toy dinosaur!
You: Cool beans!
Sally:...and then I ate some meat and then I rode a pony and then the pony ate my dollar so I had to kick it then it threw it back up and then I was happy!
You: cool beans....(whatever.)
When the the phrase "cool beans" is said, it usually means "cool" but its even cooler to add the beans. Also said when one is telling a story and when is done you don't really care so you just say "cool beans"