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Posted: 11:21 PM Oct 10, 2008
People Buying Mason Jars, Burying Money In Backyard
Among one way people are "saving" money in tough times
Reporter: Lauren ZakalikEmail Address: lauren.zakalik@wilx.com |
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With promises like "quick cash" in a time like this, it's no wonder Dicker and Deal pawn shop in Lansing is seeing lines out the door when they open in the morning.
"It's been really crazy," says Floyd Meagher, manager of Dicker and Deal. "People are selling just about everything they've got. They're cleaning out their garages, cleaning out their basements..."
Meagher says since the economy tanked, they've seen a 20 percent jump in people trading their earthly possessions for cold, hard cash.
"Car stereos, house stereos, tools, jewelry, tv's, you name it," Meagher says. "If it's sellable, they're bringing it in, they're trying to get a buck off it.
"People talking about gas, no jobs, 'I gotta feed the kids this week,'" Meagher says.
While some people are looking to make more money in this down economy, others want to hold on to what they've got. In order to do that, some people are turning to some old fashioned Mason jars.
"They've actually gone to burying their money in the backyard," says Denny Perdue, who owns Vet's Ace Hardware in Lansing.
Perdue is seeing up to 10 people a week stocking up while the stock market's down. You can get a 12-pack of the glass cash cannister for $10.49. Perdue says you can buy a shovel while you're at it.
"We've run out of these several times," he says. "At this point we're trying to keep more in stock.
"I had never guessed in these times we'd be selling Mason jars to bury in the backyard," Perdue says.
Whether you're making new green--- or preserving your greens-- people are finding new ways to make sure their green doesn't disappear.
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