During the Civil War, there was a shortage in the supply of coins — people were holding onto them because the precious metals were valuable, according to the Bureau of Engraving and Printing. To address this, the government accepted postage stamps as payment for debts.
Ironically, and perhaps unsurprisingly, this caused a shortage of stamps. So, the government authorized printing “fractional currency,” which were bills with denominations under $1.
SAVE MORE WITH LESS EFFORT With coupon and deal sites continuing to sprout, Cheapism has…
Coming in hot - and in arguably much higher volume than this past summer --…
Tax Problems for Single-Income Families It's difficult for today's families to get by on one…
In theory, retirement is a time to kick back and relax, but sometimes it doesn't…
Americans are doing a pitifully poor job of saving for retirement. A recent GOBankingRates survey…