Editor’s Choice – $10 Demand Note, 1861
Demand notes were considered to be the first “greenbacks”. In an attempt to create confidence in paper money, government officials were paid in these early greenbacks, which were named after the color of their reverse side.
FMF presents Three Steps to Getting the Most from Your Credit Cards posted at Free Money Finance.
J. Money presents Save More Money by Concentrating on The BIG Stuff. posted at Budgets are Sexy.
nickel presents Planning a Family Vacation Without Breaking the Bank posted at fivecentnickel.com.
Debt & Credit – Fractional Currency (5 Cent Bill), 1864
Without authorization from anyone in the Federal government, Spencer M. Clark, an employee of the Treasury Department under President Lincoln, placed his portrait on this Fractional Currency note. This insubordinate act led Congress to pass legislation banning the portrait of living persons on all bank notes.
Mr Credit Card presents Which Credit Monitoring Service Updates Most Frequently? posted at Ask Mr Credit Card’s Blog.
DR presents What is a Credit Card Balance Transfer – The Dough Roller posted at The Dough Roller.
Silicon Valley Blogger presents Balance Transfer Credit Card Tips, Facts and Traps posted at The Digerati Life.
Kevin presents The Importance of Teaching Our Children Financial Literacy posted at Parenting at More4kids.
Leave Debt Behind presents A Changing of the Debt Lawsuits: Can You Be Sued for Credit Card Debt? posted at LeaveDebtBehind.com.
Investing – $10,000 Gold Certificate, 1882
An extremely rare and valuable example of a Gold Certificate, this is one of two notes in existence. The reverse side of Gold Certificates was printed in a golden orange, symbolic of their redemption value in gold coin. The passage of the Gold Reserve Act of 1933 made it illegal for U.S. citizens to hold Gold Certificates and gold bullion.
MoneyNing presents Turbocharge Your Savings with Certificate of Deposits (CDs) posted at Personal Finance Blog by Money Ning.
Green Panda presents How My Retirement is Currently Doing? (June 09 Update) posted at Green Panda Treehouse.
David R. Lampsen presents Raiding the Roth: Using a Roth IRA as Your Emergency Fund posted at Personal Finance Analyst.
Wealth Pilgrim presents Is This A Picture of a Snake That Ate A Mouse or The Key To Your Investment Success? posted at Wealth Pilgrim: Money Management Advice, Financial Stress Management, & Resources.
Dividend Tree presents Demise of Dollar – Does it Affect Dividend Growth? | Dividend Tree posted at Dividend Tree.
ABC presents Safe withdrawal rate for retirement funds – 4% rule posted at ABCs of Investing.
Frugality & Saving Money – $10,000 Federal Reserve Note 1914
Salmon Chase, Secretary of the Treasury under President Lincoln, is featured on this extremely rare note. It was one of the last $10,000 larger-sized notes issued.
Charlie presents How to Break the Seductive Spell of Name Brands and Save Your Family Big Money posted at Pay Less For Food.
Jeff@StretchyDollar presents Cheap and Easy Ways to Protect Your Home While On Vacation posted at StretchyDollar.
Chris Lang presents House-hunting expenses and how to minimize them (part 2) posted at Home I Own.
Craig Ford presents Does Spending Cash Really Save Money When Compared to Using a Credit Card? posted at Money Help For Christians.
B Simple presents Eliminate your Banking Fees with these simple tips posted at Simplified Financial Lifestyle.
One Family presents Frugal Options for Families with Kids during Summer Months posted at One Family’s Blog.
Savings Toolbox presents Saving Strategies to Put More Money In Your Pocket posted at SavingsToolbox.com.
Economy – Two Dollar Bill
A portrait of Thomas Jefferson is shown here. In 1776, the Continental Congress issued the first $2 note. The $2 is still in circulation today, although it is not commonly used by merchants and consumers.
Len Penzo presents 18 Crazy Things You Didn’t Know About the National Debt posted at Len Penzo.com.
Hank presents Hope Is Not A Method When It Comes To Managing Your Finances posted at Own The Dollar.
Insurance – $100,000 Bank Transfer Note, 1934
Featuring a portrait of Woodrow Wilson, this note was the largest note printed by the Bureau of Engraving and Printing. Bank Transfer notes were used only for transactions among Federal Reserve Banks and not for public circulation.
Ryan P Smith presents How I Saved $652 on Car Insurance: My Geico vs. Esurance Story posted at SpendOnLife.
Taxes – $5,000 Federal Reserve Note, 1934
This note features a portrait of James Madison, member of the Continental Congress and the fourth U.S. President. In 1945, the Bureau of Engraving and Printing stopped printing notes with denominations greater than $100.
Other – Silver Certificates
First issued in 1878, Silver Certificates were our nation’s primary currency for many years. They were issued in denominations ranging from $1 to $1,000 and could be exchanged for silver at the U.S. Treasury. The last series of Silver Certificates was issued in 1957. When the price of silver began rising rapidly in the early 1960s, Congress stopped redeeming Silver Certificates in 1968 and began exchanging them for Federal Reserve Notes at face value.
Peter presents False Starts And Budget Malaise: Getting Back Your Budgeting Momentum posted at Bible Money Matters.
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That concludes this edition. Submit your blog article to the next edition of Money Hacks Carnival using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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