Sunday, November 26, 2006

Low on working capital, perhaps?

Funny thing about RM 50 notes. Every time I withdraw money from ATM machines, I always get RM 50 notes. It is rare for me to get RM 10 notes. And RM50 notes a prone to rejections by small businesess. There have been a few rejections recently, by shopkeepers, restaurants, and even a petrol station. As if the RM50 note is worthless.

The first incident happens 3 days ago when I want to make a payment for the meal I had with a few friends. The restaurant’s cash register attentdent refused to accept my RM50 and I was forced to use all my coins and borrow from my friends. The dinner was supposed to be on me, but it didn’t go through well.

And I thought that was it, until I went to JB today. I woke up early today and immediately packed up and ride my bike to KL to catch a bus to JB. On my way, I withdrawn a few hundreds ringgit for my expenses. The crisis was triggered when I want to pay for my parking. The Puduraya parking attendence didn’t have enough small change for my RM 50 note. I’m not paying like a small amount of RM1, 2 or 3 ringgit. The amount was RM 7.50 and how come they are running a business without small change and it was 8.30am in the morning?

And so, I made a U-turn at the parking lot and went to the nearest petrol station. Then, the same thing happen again. The pump attendence and the whole workers at that station didn’t have small change. Time almost runing out because the bus will be leaving puduraya at 9.00am. Next, I ride my bike to Jln Loke Yu, almost 3 km away and pump a little bit petrol into my bike and got some small change.

After that, I paid for my parking and left my bike at Puduraya to board a bus to JB. After this, I plan to use RM50 notes only at Petrol Stations where they have more smaller denominatios of RM notes to give to there customers since I only fill up my bike’s petrol tank around RM4 to RM 6. It should give me enough smaller denominations to pay to other businesses who don’t have enough money to change for RM50 notes.