Amber dropped a line yesterday to share a story that might seem minor to some people, but which is important to her and many others. A U.S. Federal appeals court has ruled that paper money is unfair to the blind, which may force the Treasury Department to redesign our currency.
“This has been a big issue in the blindness community for a number of years now,” Amber writes. “I am curious to hear what you and your readers think of this issue. As for me, I am blind myself, and in grad school. I have seen this issue unfold for a number of years, and it will be interesting to see how it continues to go.”
Though I admit I’m uninformed on this issue, it seems like a good move. I can’t think of any substantive objections. The Treasury Department claims that it’ll be expensive to redesign the banknotes, but haven’t they been redesigning them for the past decade? Why didn’t they do something about this issue at that time? Surely they knew the problem existed. I, too, am curious to see what happens. It took a few days to get used to carrying different-sized bills when I was in London, but after a while it seemed perfectly natural.
Here are some other personal finance news from around the web:
At Business Week, Tammy Erickson wrote a piece outlining 10 reasons Gen Xers are unhappy at work. While the list is interesting, I don’t buy the notion that one generation is much different from another. I’ll bet Boomers had these same complaints twenty years ago.
Ever since our mail was stolen earlier this year, I’ve been careful of what goes in the mailbox. I’ve also become more wary of using checks. There’s reason to be concerned, writes Luke Mullins at U.S. News & World Report. He recently interviewed former crook Frank Abagnale, who shared five tips to avoid being a victim of check-fraud. Sometimes I worry that I’m just being paranoid, but it doesn’t take much extra effort to be safe.
Finally, the Mighty Bargain Hunter has a list of seven wise uses for your economic stimulus check. It may be tempting to buy one of those mega-gift cards at a local store (Kris and I have been tempted), but MBH says you’re better off putting the money into savings, investing it, or paying down debt. He’s right, of course.
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This article is about Spare Change