Payday loans fit in a certain niche in personal finance, but the abuse caused by short terms and high interest rates causes a huge impact on the poor. But what about kids? Pocket Money is a lender focused on giving children small “payday” loans — even though they don’t get paychecks — and teaches them the hard, painful truths about borrowing money. (It’s not real.)
Maybe you can’t afford high-tech ASICs and video cards, or maybe you subscribe to the old-timey idea of the only work worth doing is doing with your hands, like a 49′er headed to California in the 19th century, but either way you’ve still got options — this guy shows you how to mine Bitcoin with a pencil and paper. The demonstration is most useful as a demonstration of the cryptocurrency process, but if you’ve got a lot of time, you might just end up with a bitcoin in your pocket.
Priceonomics has a brief history of fake movie money, and the problems that come with it.
NextAvenue thinks you’re not doing enough consciously to save money – so here’s some ways to cruelly manipulate yourself into being a saver.
It may look like Monopoly money, but local currencies are really growing today — Governing magazine takes a look at these non-money monies.
I remember when I was a kid we went to Fort Detroit and I bought a little envelope with artificially-aged reprints of old U.S. and Confederate money inside. I know a lot of other tourist-traps sold this stuff, and over the years it has apparently lost the connection to souvenir status and people think they’ve got the real thing. Check this list before getting excited about your Confederate money: it’s likely to be a souvenir reprint like mine.
Tonight the Smithsonian Channel will air a documentary on the elusive Double Eagle gold coin, but if you don’t get it in your area or are impatient, the whole thing is on YouTube.
The Atlantic gets a little conspiracy-theory about the possibility of eliminating cash altogether..or is it more true than you’d like to believe?
For hundreds of years, pounding coins into trees for good luck has made some interesting trees in Scotland.