May 23, 2013

Just a thought, nothing more!

By Hernor M. De Asis


The New Look of Fifty Cents: Candy & Band-aid

Here is an amusing circumstance. There was a middle-aged tutor who taught the concept of money to a four-year old, sharp-eyed kid.
At the sala…
Tutor: If I bought a piece of mango at five pesos, and I had a ten-peso coin, how much would be the change?
Kid: The change would be five, Sir!
Tutor: Very good!
(The tutor thought of another problem that will give this young kid a hard time.)
Tutor: How about Mrs. Lope who wants to buy an eraser at two pesos, and fifty cents, and her money is a five peso coin, how much would be her change?
Kid: Very easy, a two-peso coin and a band-aid!
Tutor: What? 
And, the teacher’s jaw dropped!
            Well, I can’t’ help but laugh every time I remember how that kid unflappably answered the tutor’s question. What do you think is the kid’s answered so?
            Due to my curiosity, I asked the boy, and he said, “Because that’s what the lady cashier gave to my mom when she bought me a sharpener in a store and I found Mrs. Lope’s money concept situation very similar to the incident that happened with my mom and the lady cashier.”
            Aha! So, the case was closed. It’s a funny thing here in San Carlos City. We have this unique kind of “changing system” (some stores in various cities also use the system as a means for business strategy.) What is this system?  I know all of us experienced this kind of business scheme in most stores in the city, where instead of having 50 cents as change we end up receiving candies or strips of band-aid.
Now, what if a certain customer lacked 50 cents to pay the bill and he happened to have a candy in his pocket, can he give his candy to cover the short?
            Truly, many believe that 50 cents seem only a diminutive amount and it won’t take all of your riches away if traded with little sweets and band-aid. Nonetheless, did it ever cross your mind that you can never arrive at a million pesos without that 50-cent coin?
            Some customers are starting to get irritated with this kind of trade, since we are facing a great financial crisis. Even centavos are already a big help in our daily expenses at times when moms are burning their eyebrows every night just to make the family’s budget work.
            Most banks and standardized malls and grocery stores in the country do not allow this kind of method since they are very particular in the cash outflows of their business and it is indeed imperative to the liquidation and inventory processes of the business to have equal and balance results in their financial statements. It would be a mocking part for store owners if the accountant laid down all the financial monthly reports with the balance of P 486,000; 1,566 candies; and 1,300 strips of band-aid. 
From our local store owners, I have collected 80 candies and 20 strips of band-aid from the change I received; I assume its monetary equivalent is P 50. Can I do my shopping now with these?
P.S. I’m limiting my sugar intake because I’m afraid to have diabetes.  It killed my Dad! 

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