Wednesday, July 15, 2009

How much is that pack of cigarettes - Part 2

Back in May a year ago, I posted this entry about the cost of a pack of cigarettes. I showed how a pack a day, started at age 15 continued until retirement could cost you up to $1.6 MILLION.

Turns out, I may have UNDERestimated. This story, tells about a man who used his debit card to buy a pack and was charged slightly over 23 QUADRILLION dollars. Well, actually it was 148 trillion over, but what's a few trillion when you get that high?

After a while, he was able to convince Bank of America that this was an error and they resolved the problem. But it makes me wonder, how many packs could he have purchased for that much?

I heard this story on the radio today, then captured the link from Adam. Thanks Adam! Guess it's time to redo my spreadsheet.

At least we can be thankful that the debt hasn't climbed that high yet.


"The Edge" said...

Just goes to show you banks are not perfect....why does it aways seem Bank of American makes these kinds of errors????

Randy said...

Maybe because BofA is the biggest in terms of number of depositors (I think)? Therefore, if anyone is going to get hit, it's most likely going to be them