Cash Cab


Cash CabOne of the pleasures (sarcasm dripping) I get to do being back in the US is see all the wonderful TV I have been missing while in Japan. There are all kinds of shows that I have never seen or heard of while in Japan, so these may be well known to you, but all completely new to me. Today I stumbled across a show called Cash Cab on the Discovery channel.

It’s a pretty simple trivia game when the contestant is an unsuspecting person who gets into a New York cab. The riders get asked trivia questions on the way to their destination. If they can answer them without getting three answers wrong by the time they reach their destination, they get to keep the money they win.

Now, this show didn’t really interest me at all except for the end - if they make it to their destination and have won money, they are given a choice of taking the money they have won, or getting one more trivia question for double or nothing. What I found interesting (and pleasantly surprising) is that the vast majority of the people choose to take the guaranteed money and leave (7 out of 7 I saw).

Now, I have no idea if this is normal or was just a quirk of when I watched, but it is good to see that people use common sense and take away a guaranteed amount rather than getting greedy and going for more. While I don’t think I’ll be watching it again, I have a bit more faith in the average person with their personal finances and making smart choices than is usually featured in the news and surveys. Of course, I have no idea what they did with the money they won…


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Wait till you see “Deal? Or No Deal!”

Why was it a good idea to take the money instead of going for more?

I have never seen the show, so I don’t know how the questions are like. But if it’s anything like those “street smart” questions, I’d say go for the extra money - those questions are easy!

Why was it a good idea to take the money instead of going for more?

I have never seen the show, so I don’t know how the questions are like. But if it’s anything like those “street smart� questions, I’d say go for the extra money - those questions are easy!

I don’t know how difficult the final question is since I never saw one, but the questions got progressively more difficult as the cab ride went along (some were street smart, but others were real trivia) But the reason I said it was smart is because the last question was a completely different type (video) so there is know way to know how difficult or easy it would be from the previous questions.

Cavalcade of Risk, #2

Perhaps the most unusual is this post from Jeffrey at FoIB Personal Financial Advice. Having occasionally seen this show, I can see why he’s hooked. I must confess, though, that I never made the connection between a game show and risk management.

[...] Best of all, each post is accompanied by LA Money Guy’s summary. Perhaps the most unusual is this post from Jeffrey at FoIB Personal Financial Advice. Having occasionally seen this show, I can see why [...]

[...] Best of all, each post is accompanied by LA Money Guy’s summary. Perhaps the most unusual is this post from Jeffrey at FoIB Personal Financial Advice. Having occasionally seen this show, I can see why [...]

You would be suprised. I watch the show quite often ( only thing on ) and there are many many people that get greedy, and choose to try and fail at the final question :)