New, Crisp Bills Save Money

worn money

Do you want to know a really simple way to save money? The next time you go to the bank, any money you take out, make sure to ask for brand new bills. That’s it. Once you have the new bills in your wallet, psychology takes over and you will spend less than if you had older bills, at least according to a recent study from the Journal of Consumer Research (PDF) and as long as you aren’t hanging around friends.

When you look at the situation rationally, it really shouldn’t matter what your paper money looks like. Intellectually, we all know that a brand new $20 bill isn’t worth any more than an old and crumpled $20 bill and vice-versa. Those facts, however, don’t


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One Response to New, Crisp Bills Save Money

  1. Tom Lewis says:

    Nice article and humorous at the same time.
    thank you for sharing

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