Shredded Money!

Dan: First semester of my sophomore year of college I took a class officially titled as, “ECON302 Banking and Monetary Policy.” That class ended up becoming the bread and butter of my life as it’s about all I do in college now.  However, my professor, when getting an exam back or when recognizing a great group effort at an attempt to analyze economic phenomena, such as the Japanese bond crisis or when interest rates in the United States were around 15%, she would hand out a special gift…thousands upon thousands of dollars of shredded money!

YOU’RE RICH!  Not really since its been destroyed, but various Federal Reserva Banks sell pretty packages of currency that has been taken out of circulation due to wear and tear.  Even though you wish you could glue it all back together again, it is a really neat gift idea.  You can use it for educational purposes, when teaching the true value of money.  It’s not the paper composite it’s printed out, but the value you can get in exchange for it.

Grace: This is a very unique gift idea, because at the heart of it, the gift is not so much about a physical object, but more about an important life lesson.  Lots of people, especially those from the younger generation, don’t understand the value of money, and then when they go off on their own, continue to practice bad spending and saving habits.  Although this might not seem to be the coolest gift ever, it’s certainly the most helpful in the long run.

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