Man's mistake costs him $15,000 in burnt money - WALB.com, Albany News, Weather, Sports

Man's mistake costs him $15,000 in burnt money

Posted: Updated:
Although none of his damaged bank notes look this good, an Australian man could still recoup some of the money damaged when his wife mistakenly burned the money in their oven.  (Source: Wiki Commons/Arria-Bel) Although none of his damaged bank notes look this good, an Australian man could still recoup some of the money damaged when his wife mistakenly burned the money in their oven. (Source: Wiki Commons/Arria-Bel)
  • InternationalMore>>

  • US: Russia 'created the conditions' for shoot-down

    US: Russia 'created the conditions' for shoot-down

    Wednesday, July 23 2014 12:33 AM EDT2014-07-23 04:33:53 GMT
    The Obama administration said Tuesday it would present data from the U.S. intelligence community laying out what's known about the Malaysia Airlines plane that was shot down in Ukraine.More >>
    Senior U.S. intelligence officials said Tuesday that Russia was responsible for "creating the conditions" that led to the shooting down of Malaysia Airlines Flight 17, but they offered no evidence of direct Russian...More >>
  • UN chief believes Gaza fighting will end soon

    UN chief believes Gaza fighting will end soon

    Tuesday, July 22 2014 8:03 PM EDT2014-07-23 00:03:27 GMT
    The Palestinian U.N. envoy says a draft U.N. resolution calling for an immediate cease-fire in the Gaza Strip will be formally circulated to the Security Council.More >>
    The U.N. secretary-general said Tuesday it is his "hope and belief" that his emergency mission to the Middle East will lead to an end to the fighting between Hamas and Israel "in the very near future."More >>
  • Airlines ban flights to Israel after rocket strike

    Airlines ban flights to Israel after rocket strike

    Tuesday, July 22 2014 7:42 PM EDT2014-07-22 23:42:54 GMT
    Israel bombed five mosques, a sports stadium and the home of the late Hamas military chief across the Gaza Strip early Tuesday, a Gaza police official said, as the U.N. chief and the U.S. secretary of state...More >>
    A Hamas rocket exploded Tuesday near Israel's main airport, prompting a ban on flights from the U.S. and many from Europe and Canada as aviation authorities responded to the shock of seeing a civilian jetliner shot...More >>

(RNN) – You might think things couldn't get worse for a man with a mountain of unpaid bills, no money and a wife who doesn't cook.

Oh, but you would be wrong.

An Australian man who was feeling the effects of the sluggish economy sold his sports car to make the payment on his house, and the transaction brought in $15,000 Australian, which is about $15,652 in U.S. currency.

For reasons unknown, he decided the safest place to hide the money would be in the oven.

But the man, who declined to identify himself out of embarrassment, got a smoky surprise when his wife fired up the oven to prepare a nice, hearty meal of chicken nuggets.

His comments were heart-rending, and more than a little hard to believe, in a dog-ate-my-homework sort of way:

"I've got nothing to my name. That money was supposed to go towards my mortgage," the man told an MSN affiliate in Australia. "I told them, 'I'll pay tomorrow,' but then the money was burnt."

There are two hard-won lessons here. First, men should inform their wives of important things like, say, humongous sums of cash stashed in odd places - particularly ovens.

Second, if you are looking for a good place to stash massive piles of money, avoid placing it near anything flammable. Because south of the equator, even though the toilets may flush in the opposite direction, other laws of physics, such as paper burning when it gets hot enough, are in full effect.

The man's wife was so distraught after the accident she cried uncontrollably and struggled to breathe.

Her train of thought is easy to follow:

Husband doesn't mention a bunch of money in oven. Money gets destroyed. Family now broke. Bank breathing down your neck.

Yep, all good reasons to get hysterical. But, hopefully, all is not lost.

The Reserve Bank of Australia will still honor damaged currency for the full value of the note if it is less than 20 percent damaged. Any damage between 20 to 80 percent is honored depending on how severe the damage is.

Any more than 80 percent and - sorry, buddy, you'll have to find something else large to sell that will rake in a lot of quick cash. Do you have about two dozen friends and family members who could spare their kidneys?

So as long as the money is still somewhat recognizable, and not, say, indistinguishable from newspaper ashes in a  fireplace, our friend Down Under might still get that mortgage check to the bank on time.

Copyright 2012 Raycom News Network. All rights reserved.