Banking
New $5 Bill Debuts Today
Submitted by Eugmc on March 13, 2008 - 12:29pm.
If you go to your local bank and the cashier gives you a $5 bill that looks a little strange don't worry , you probably have been given the new $5 bill that goes into circulation today. The new $5 bill is more colorful than the previous version and also is harder to counterfeit.
"The redesigned $5 bill's enhanced security features help ensure we stay ahead of counterfeiters and protect your hard-earned money," Michael Lambert, Assistant Director, Division of Reserve Bank Operations said in a press release. "It only takes a few seconds to check the new $5 bill to make sure it's genuine. If you know how to check its security features, you can easily be confident it's real."
Here are some of the key changes to the new $5 bill:
Does Your Payday Fall on Tuesday or Wednesday? If So You'll Get Another Paycheck in 2008
Submitted by Eugmc on February 29, 2008 - 1:24pm.
2008 will be a prosperous year for people who get there paychecks on Tuesday or Wednesday. The American Payroll Association says that because of the leap year, some lucky people will get one extra paycheck this year.
"In an average year, most days are repeated 52 times. In 2008, however, two days will repeat 53 times -- Tuesday and Wednesday," said Dan Maddux, executive director of the American Payroll Association. "Employees that are paid on either a Tuesday or Wednesday may get an extra paycheck in 2008."
If you are on a salary, the extra paycheck could have an adverse affect. Since their are more paydays, your take home pay could be cut down because of more paydays. That is bad news for salaried workers who live paycheck to paycheck.









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