“Rule number one: Never lose money. Rule number two: Never forget rule number one.” — Warren Buffett, CEO of Berkshire Hathaway
If you were looking for an excuse to splurge and finally get the item that’s been on your wish list, congratulations — today is National Dollar Day! Commemorating the day the United States Congress established the monetary system in 1786, National Dollar Day is held every August 8. The first American dollar bill was printed in 1862, but strangely it didn’t feature George Washington’s signature dead-eyed stare — instead, the original greenbacks were printed with the face of Salmon Chase, President Abraham Lincoln’s Secretary of Treasury. Seven years later in 1869 the dollar was redesigned to feature America’s first president, and while the design has had major revisions and alterations since, Washington’s mug has always been front and center, giving big spenders guilt trips for more than 150 years.