What's in your wallet, Frank Degen?

Tess Vigeland: Before we release Frank from his duties, we asked him to answer one more question for us.


Frank Degen: I'm a light carrier. I have no money. I never put money in my wallet. I do have money in my pocket, but in my wallet. So basically, I have my driver's license, couple of charge cards, health insurance card and last but not least, my enrolled agent card. I never leave home without it.

Doesn't have a picture. It's just laminated. It has on the front of it has "U.S. Treasury," your name and the expiration date. And on the back, I think it has my signature and "Drop in the mailbox if found."

It might be tempting to go to a hotel and ask for government rate. But no, that's a no-no. The only time you show it, basically in all seriousness, is when you do an audit or a collection activity, some revenue agents or revenue offices do ask to see it.

I shoulda said pictures of my girlfriends! That would've gotten attention, right? No, seriously, my wife would kill me, after 43 years, I'd be in trouble!

About the author

Your friends at Marketplace Weekend.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...