It was a Sunday night. My wife needed cash for her hairdresser appointment early Monday morning. Either her bank doesn’t have an ATM, or she never bothered to get a card; I suspect the latter.
Conversely, I use the ATM of my bank, two blocks away, all of the time. As I’ve mentioned, during the pandemic, my bank figured out that its machines could be programmed to dispense not only $20s, which it did forever but also $10s and $5s. They must have decided that the investment in tweaking their money dispensers was better than having customers coming into the bank to break a $20.
My wife said, “I need two $5s, three $10s…” Wait a minute.. she’s giving it to me from the bottom up, not the top down? This confused me! To be fair to me, she said she would give me a check for $150 to deposit, and she’s already asked me for $40 back so far. No, she decided she only needed $100 in cash, so three $20s. Got it. Still, the ATM asks from the top denomination down, and my mind wants to do the same.
One useful thing
When I first moved to the Albany/Schenectady, NY, area, the first job I got was as a teller at the Albany Savings Bank in downtown Albany. I didn’t love it, and I quit in a month to take a job as a bookkeeper for the Schenectady Arts Council’s program. Not only was I making more money – $8200 instead of $6000 per year, but the latter job was far more interesting.
Still, there was one thing I learned at the bank. All the bills in the drawer should be in value order, from left to right. And the bills should all be face up and pointed the same way.
As the person who most often counted the drawer and made the bank deposits at FantaCo, the Albany comic book store I worked at from 1980 to 1988, I tried to enforce that one thing. It was easier to impose this on people who started at the store after me than those who started before, let’s just say.
Carrying cash
When I buy things at most chain stores or restaurants, I usually use my DISCOVER card for the cashback bonus. For small mom-and-pop operations, though, I prefer giving them cash because it helps with their profit margins. But the amount matters, too, because I rarely have more than $100 in cash on me.