Which Transaction Is Faster For Small Purchases: Cash Or Credit?

Which Transaction Is Faster For Small Purchases: Cash Or Credit?

Since we began writing about credit card companies now allowing merchants to require minimum purchases for credit transactions, we’ve received feedback from readers in both the comments and in the tipline about how credit cards are faster and more efficient than cash. At the same time, there are those who swear by cash when it comes to making purchases of only a few dollars. So which is it? [More]

Government Program Replaces Mutilated Cash

Government Program Replaces Mutilated Cash

Just because your dog mistakes a $100 bill for a chew toy, it doesn’t mean you’re out the cash. You can just take what’s left of your mangled paper and send it to the U.S. Bureau of Engraving and Printing’s Mutilated Currency Division, which will issue you a check for the amount you otherwise would have lost. [More]

Report Says The Poor Subsidize Credit Card Reward Programs

Report Says The Poor Subsidize Credit Card Reward Programs

A new study from the Federal Reserve Bank of Boston says that credit card reward programs have a sneaky hidden cost that the card holder doesn’t have to bear. This occurs because the fee that a retailer pays to run a credit card varies with every card, and reward cards cost more to process–in other words, the card issuer passes the cost of the rewards program on to the retailer. The retailer adapts by raising prices across the board, which distributes the cost of the reward program among all shoppers. [More]

What Would You Do With $20,000?

What Would You Do With $20,000?

A couple of weeks back, we asked what you would do if you stumbled upon a bag containing $18,000 in cash with no signs of the owner’s ID. Today, CNN took a camera out on the street to ask folks what they would do if they suddenly had $20,000 to spend, no strings attached. [More]

Elderly Woman Accidentally Donates $5,365 To Goodwill Inside Sock

Elderly Woman Accidentally Donates $5,365 To Goodwill Inside Sock

If you like to hide large amounts of cash around your house, make sure to remember where you put it. And if you do tend to forget, make sure to check the crevices and pockets of everything before you donate it to charity or throw it away. This goes triple when cleaning out the home of an elderly relative. A 96-year-old woman in Asheville, N.C. recently donated a blanket that contained more than $5,000 in cash–and the Goodwill store managed to locate her and return the money. [More]

Glowing Cash Could Help You (And Muggers) Find The Right Bill

Glowing Cash Could Help You (And Muggers) Find The Right Bill

If you’ve ever had trouble identifying different denominations when digging through your wallet in the dark (or under other circumstances when you might find yourself visually challenged), Jaesik Heo’s concept for luminous paper money may just, er, fit the bill. Of course, the telltale glow could also alert anybody else in the vicinity to the presence of big bills in your wallet. Maybe Heo’s next version should let you customize your colors, so that your big pile of Benjies (or Sejongs, in Heo’s example) would look like a pitiful stack of singles. [More]

Radio Shack Wouldn't Let Me Buy Stuff Without Email, Address, Phone #

Radio Shack Wouldn't Let Me Buy Stuff Without Email, Address, Phone #

Reader Molly needed a cellphone charger. She ran in to Radio Shack to grab one and paid with cash — but the cashier wouldn’t complete the transaction without her home address, phone number and email address. She’s wondering if this is normal. [More]

This Is What Kids Did For Fun In The 80s

This Is What Kids Did For Fun In The 80s

Josh at GeekSix unearthed a comic book ad that might be familiar to you if you were a kid in the 80s. Olympic Sales Club was one of those door-to-door greeting card companies that enlisted kids across the country to sell crap to neighbors in exchange for merch your parents wouldn’t buy you. [More]

24 Ways To Make Some Extra Money

24 Ways To Make Some Extra Money

If you’re between jobs, underemployed, or just have a lot of extra time on your hands now that you’ve give up expensive hobbies like smoking or shopping, here’s a list of 24 ways you can you earn some extra money. They’re not full time jobs, or sometimes even part-time jobs, but they’re a good starting point if you need some inspiration on how to bring in a little extra cash. [More]

Kmart Workers Find $10k Tin Can

Kmart Workers Find $10k Tin Can

Did you leave your tin can filled with over $10,000 on the customer service counter of a Des Moines Kmart? Because if you did, call them, they found it.

Update: Several of our readers have pointed out that the owner has reclaimed the can and the money. She says her husband left it there by accident, possibly while having a reaction to some medication, and that she’s going to deposit the cash in a bank.

More Americans Plan Gifts Of Cash This Year

More Americans Plan Gifts Of Cash This Year

A Western Union survey proves that perhaps the American public is taking the message of Consumerist’s anti-gift card to heart. Instead of tangible gifts or gift cards, more Americans are reportedly giving each other the gift of versatile, useful cash. [More]

Supermarkets Tell Shoppers To Leave Checkbooks At Home

Supermarkets Tell Shoppers To Leave Checkbooks At Home

Back when dinosaurs ruled the Earth and ATMs didn’t exist, if your cave-dwelling ancestor wanted to get cash in a hurry and didn’t want to deal with bank lines, he’d go to the local supermarket. There, the friendly high-school student at the checkout counter would allow him to write a check for the amount of cash he needed, and give him the cash in return. Today, however, the only people who actually still use those services are characters in a GEICO ad, so it should come as no surprise that some supermarkets are finally giving up on the practice.

NYC Restaurant Stops Accepting Cash

NYC Restaurant Stops Accepting Cash

If you decide to eat at Commerce, an unpleasantly named upscale restaurant in New York City that charges nearly $25 for spaghetti, your cash is no longer welcome.

Man 'Makes It Rain' On L.A. Freeway, Causes Traffic Jam

Man 'Makes It Rain' On L.A. Freeway, Causes Traffic Jam

Who says you’ve got to be an enfant terrible pro athlete to make it rain? A plain old 56-year-old man Los Angeles authorities describe as “disturbed” took it upon himself to send dollar bills a-soaring on L.A.’s westbound 210 Sunday as he drove down the freeway.

Don't Hide Your Cash In Your House

Don't Hide Your Cash In Your House

Last week, Carey found a Frugal Dad article offering up 7 places around the house to stash your cash. While you should keep emergency cash around the house, don’t put too much!

7 Places Around The House To Stash Your Cash

7 Places Around The House To Stash Your Cash

Banks are great and all, but everyone should keep a little bit of emergency cash stashed somewhere at home. Frugal Dad offers up a list of seven hiding spots that should beat all but the most determined thieves.

Did Washington Mutual Just Give Me $500?!

Did Washington Mutual Just Give Me $500?!

Daniel filled out a Washington Mutual deposit slip listing several checks and $500 in cash, but “forgot” to hand over the cash. He normally isn’t a fan of “shady business,” but now that he has a bank statement crediting him for the $500 hiding in his wallet, he’s suddenly not sure what to do…

15 Ways To Protect Your Money While Traveling

15 Ways To Protect Your Money While Traveling

Bankrate shares 15 tips to protect your stash of cash while traveling abroad. Before leaving, strip down your wallet to the bare essentials, including a backup credit card, and make copies of all financial documents. While abroad, stash the copies and the backup card in your hotel safe, and take common-sense precautions like sticking to legitimate bank ATMs, and avoiding crowds. Hit the link for the rundown of all 15 tips.