Even in this fast-paced digital world, I still make most of my purchases in cash.
I find keeping my wallet stocked with actual, paper money helps me track my spending.
Plus, I’m never out of luck when I go to a store or restaurant that only takes cash.
Of course bills have a downside too: they rip.
I’ve often had to tape together a $20 or $50 and make excuses to get a cashier to take it, so I was happy to learn that you can actually exchange damaged cash for its full value.
The open secret about exchanging “mutilated” money was revealed this week by Daily Show writer Dan Amira.
Amira shared his experience being reimbursed for a ripped $10 bill.
“I don’t know how it ripped in half,” he wrote in a letter to the Bureau of Engraving and Printing.
“I just took it out of my pocket one day and it was in two pieces. I think it was just old.”
Against all odds, the government actually sent Amira back a check for $10.
It wasn’t just a gag by the TV writer, in fact anyone with damaged U.S. currency can send it in to be replaced.
But there are a few rules you must follow to get your money back.