23 September 2014
There are times when I pay people with cash. For example, when I buy firewood from my neighbor, I always pay him with cash. When I pay someone with cash, I always count it out for them. And if someone gives me cash without counting it out, I count it out for them.
I always count the cash because I've heard stories about problems arising because the cash didn't get counted. Someone bought something and handed a wad of cash to the seller. The buyer had counted the money beforehand, and the seller assumed that the amount was correct. Neither party counted the cash during the transaction. Then, later, the buyer counted the cash and found it was short.
I have a friend who bought a utility trailer from another friend. He paid with cash. No one counted it at the time of the transaction. Later, the seller found he was short some money. It was an honest mistake on the part of the person who handed over the cash. But it was an awkward and embarrassing situation that could have been totally averted by simply counting the cash.
With this in mind, I've always told my sons that if they pay an individual with cash, the cash always needs to be counted out when it is handed over. This is what is known as "wise fatherly advice."
Nevertheless, my youngest son recently bought a used car and handed the seller some cash in an envelope. He counted it beforehand. The seller took it without counting it. A little while later, the seller called my son to tell him he was short $100.
It wasn't a major crisis. My son doesn't know what went wrong, but he assumed that the mistake was his and got the $100 to the seller. Nevertheless, it was an awkward situation that never would have happened if if my son had followed my advice (which he has heard more than once over the years).
Does anyone reading this have a story about a problem that arose because the cash didn't get counted?
Or, can you recollect a time when you ignored some wise fatherly advice, and later regretted it?