Penny Loafers, Mug Money, Cash Cans and…

crazy places where people hide money.

This entire article was inspired by a single comment I made to Nancy yesterday.

Nancy and I are digital pen pals. I’ve never met her. She’s an American who, a couple years ago, decided to move to her ancestral digs in Ireland.

I’m 78 years old, and I guess that excuses me for making statements that create puzzled looks on people. I mention penny loafers, and unless you are almost my age, you have no idea what I’m talking about.

penny loafer-300a  A loafer is a comfortable slip-on that was marketed in the early 1930’s. It is modeled after shoes worn by Norwegian farmers.

Here’s how the penny morphed into the shoe.

“Putting a penny in each shoe so young teens could call home for a ride back when pay phones were cheaper. penny loafer-300  This soon became a dime to keep up with pay-phone inflation; by the mid-1970s, phone calls cost 25 cents. Quarters wouldn’t fit in the shoes, but by then people were wearing Earth shoes, clogs or platform heels, so it didn’t matter.”

Nancy, who is close to my age, recalled the term and she told me “In the old days, we called it “mug money.” Living in the city, we were always aware of the risk of being mugged. If you didn’t have something for the mugger, they’d knife you.”

Mug Money is a new term for me. It is carried in a conspicuous place to give muggers access to easy money.

This easy money is a small amount compared to the shoe money, bra money, and crotch money – all wads of cash stuffed in the location above and is a greater amount than the mug money, which is already counted as forfeited.

“Hey ma, I’m going over to Vinnie’s tonight. ”
“Wait, here’s seven bucks. Put it in your pocket for mug money.”

Nancy continued, “when I was in the US I always kept a $20 bill on me – in secret. It was designed specifically to hold a single paper US bill.

You had to fold the money very tightly and small, then wrap it around a tiny center post, to make it fit inside. Then I simply attached it to my keychain. I always kept it with me. Here’s a picture that sort of shows how it works.” mug money-300

The entire idea is to avoid attracting attention. Nancy’s gadget looked like something I could use. I did some research and found another new term… Cash Can.

The Cash Can is a small brass tube that attaches to your keyring. It can’t be opened unless it is removed from the keyring when it is attached to your keyring the ends of the tube are sealed tightly with O-rings to keep your cash nice and dry—because the tow truck driver doesn’t want to be paid with a moldy Benjamin. The Cash Can is small and inconspicuous, looking like little more than a key fob of some sort. The Cash Can is $18. You have a sneaky way of stashing your emergency cash and still keeping it accessible.”

I wouldn’t call this Cash Can inconspicuous.  cash can-300

Watch a video of man folding $100 bill and stuff into a cash can.

So far, I’ve shared how folks hide money on their person. This last section describes some crazy places where people hide money. These include toilet tanks, cereal boxes, refrigerators and freezers, medicine cabinets, and your bed. Here are more examples…

$$$ cash-300  vacuum $$-300  drapes-300  shoes $$-300  

This website shows 31 more crazy places people hide money.

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