Sunday, August 1, 2010

My Two Cents

My husband received a check in the mail for .02 from our HSA provider. He cashed it, I assume out of principal, because it costs more to drive to the bank than to have two cents. This made me wonder how much it actually costed all parties involved to create, cash, and process this check. I have no idea, but would I do assume is someone entered the data, cut a check, put it in an envelope with some type of postage, sent it off, sorted it at the post office, delivered it to our home, drove it to the bank, was deposited by a teller, and whatever else a check goes through at the bank. I estimate that this process definately costed more than two cents. If I were rich, bored, borring, and into documentaries, I would consider following the life of this check.

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