In February of this year, I moved out of the apartment I’d rented 18 months earlier with my sister. And, as part of the usual moving out procedures, I received a security deposit back (because I’m a fantastic tenant who left everything in tip-top shape!) and I didn’t know what to do with it.
My sister, who’d moved out six months before, didn’t know what to do either. “It could have come from me, 100%,” she said. “But, then again, we could have each paid half.”
It’s not like we used fast loans or anything.
I checked bank records. Then I remembered I’d switched banks.
Hm, maybe Mint will have it.
But then I recalled that I accidentally deleted the old account because I didn’t want to see it anymore. You’re not supposed to do that, they say. It erases all the history, they say. What they don’t tell you is that they never ever want you to delete accounts, because … well, then you don’t know what you did with the money you spent on your closed accounts.
So, you won’t know how much, if any, of the security deposit you paid.
Your sister will find herself in the same situation, oddly, and you’ll have $970 that you won’t know who to give it to. Should you split it evenly, and assume you each paid half? What if one of you actually did pay the whole thing?
If you’re me, then what you’ll do is this:
Take that “found” money and put it in a safe place. A vacation fund.
Keep it there, until a long summer weekend approaches.
Then, go camping!
Was it the smartest financial decision ever? Nope.
Was it the best way to spend some of our found money? You bet your britches it was.