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Question: What should I get my Dad for Father’s Day?

Answer:  Maybe He should give you some backbone to make decisions!  Whay are you asking me?

Beyond that though, don’t get him a tie unless you are six years old.  Cash from an economics point of view has the highest marginal utility (gift cards essentially the same), and anything that saves time of headache (like mowing his lawn or getting someone else to do it) is appreciated.

Try to create an experience though, something that you will actually talk about because you remember it in the future.  It doesn’t have to be sky diving or anything nuts like that, but something that he has wanted to do and would appreciate.

Here is a small savings idea I have used for over a decade.  There is absolutely nothing technical about it and requires zero advanced financial knowledge.  Here it is: use cash.

What?!  Yup.  Use cash.  Cash actually gives you haptic feedback that swiping a card doesn’t because you have to count out the bills (try to never have anything bigger than a $20 as it disrupts your feedback), and then they physically give you back change.  Pyschological studies have shon that people spend a bit less when they use cash versus writing checks or using cards.

But don’t stop there.  Take your metal change and at the end of every day throw it into a container.  I have an old gallon jug (used to hold wine) that I  throw mine into.  DO NOT RAID IT!  Not for quarters (buy a roll and keep in a separate cup), or to buy beer, or anything short of a real emergency.  When the jug is almost full take it you your bank if they have a coin sorter (like Coinstar) and deposit it.  This can help you build your emergency fund or to save for that next TV.  Or to pay off the credit card you rang up because you didn’t realize it was real money like the coins in your pocket.

AWAY

Jun 9

I will be away for a few days with my wife’s get generic drugs online pharmacy acomplia family because of the death of her grandfather.

Never forget to take the time with people hair loss propecia because you never no when they might not be there anymore.

And so my editor doesn’t yell that this is not financially related, this is one of those emergencies that happen and so you keep liquid cash to be able to go and be with family when they need it.