This is an guest post from the Personal Finance Blog Debt Discipline:
In a story that you might see on ABC’s “What Would You Do” television show, a Connecticut man recently found $98,000 in cash stashed in a desk he purchased on Craigslist for under $200.
Rabbi Noah Muroff and his wife had to dismantle the desk to be able to fit it into the office in their home and when they did they discovered a plastic shopping bag filled with stacks of $100 dollar bills.
They called the original owner who had hidden the cash, her inheritance in the desk but had forgot where she placed it. Rabbi Muroff returned the money and said the most important thing in life is to be honest.
I have never found anywhere near this type of money. If I recall maybe $10 is the maximum I have found. I have seen people drop money and made them aware. My son once found $40 on the floor of our bank. We turned it in. I thought they might give it to him if no one claimed it after a certain period of time. The bank didn’t even take our name.
So faced with finding a large amount of cash what would you do?
Would you follow in Rabbi Muroff foot steps?