Wednesday, 12 March 2025

Money Saved Was Money Lost


     About thirty-five years ago, we decided to be smart and buy a safe to keep our valuables in, not that we had a lot of valuables at the time.  Once we put those important things in our safe, we pretty much forgot about them, and time passed.

    Yesterday, I opened the safe to see what we had put in it.  It was a sobering experience.  I guess it was the lack of air circulation in the safe that caused the problem, but a lot of the important papers we had in there were moist, stuck together, and deteriorating.  It was a depressing experience, but then I saw that we amongst our saved valuables, there was a stack of cash.  

    “Wow,” I thought, “a forgotten windfall.”  My spirits brightened.

    Taking a closer look at the cash I noticed that all of the bills had the old design and were paper.  Canada had since changed all of its bills to plastic with anti-counterfeit strips.  I wondered if having those old paper bills would present a problem, and they did.  

    A search on the internet told me that 2021, was the last year that the Canadian Government accepted and recognized the old paper currency, and after that it was not valid.  So I discovered that the $1,600 in cash that we had in our save, was now worthless.  

    Having always been a news junkie, I am sure I must have heard that the old paper money was going to expire in 2021, but I had totally forgotten that I had a stash of it in our safe.  

    I wish we would have spent that money long ago instead of putting it in the safe, so we would have it in case of an emergency.   I guess that was a lesson learned the hard way.   


Take look at my paintings:  davidmarchant2.ca

      

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