Showing posts with label cash. Show all posts
Showing posts with label cash. Show all posts

Thursday 19 March 2009

How much do wish to withdraw?

A Raleigh, North Carolina woman who left $400 in her bedroom last Friday that she had planned to deposit the next day, found it was missing. The only thing she could think of was that her two-year-old dog had eaten it. When she took the dog out for a walk on Saturday, she saw bits of the bills in the dogs "leavings". She washed them off with a hose and found parts of three $100 bills and five $20's. She said she hoped to find enough pieces to exchange them for cash.

I've heard of the goose that laid golden eggs, but this is ridiculous.

Augie, the canine ATM:

Saturday 6 September 2008

You're in good hands...or are you?

In a recent Allstate car insurance commercial, they explain that they reward their clients with a good driving record by sending them a cheque each year if they did not get into an accident. I have no idea how much the cheque might be for, but regardless, let's think about this, shall we?

Do you believe that Allstate had all this extra cash laying around that they wanted to get rid of? Do you believe that Allstate's premiums are equal to or lower than other car insurance companies and they give away cash to their customers? Let's face it--what they're probably doing is raising rates just a bit across the board, taking that extra cash and redistributing it to the good drivers. That's all well and good if you happen to go year after year without an accident. You can bet your bottom dollar, and you will if you have an accident, that if they are rewarding the good rivers, logic says that they must be penalizing the "bad" drivers by an equal amount just to break even.

Further pondering suggests that not only are you just getting back your own money (if you go accident-free), they've also been kind enough to store it in safe-keeping for you for a whole year. When you get that first cheque, ask them what happened to the interest they earned on your money.