Marketplace All-in-One How do ATMs work? (And other money questions from you!)
Jun 24, 2025
Bridget and Ryan delve into the quirky history of the 'penny' and break down the mechanics of ATMs. They blend nostalgia with humor as they explore how different currencies came to be, while sharing fun ideas for what ATMs could dispense instead of cash. The duo tackles the complexities of airline pricing, revealing what goes into those ticket costs and contrasting first-class versus economy experiences. They also reflect on the U.S. President's salary, comparing it to historical figures in a light-hearted way. It's a delightful mix of money wisdom and amusement!
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How ATMs Work In Practice
- Ryan demonstrates using an ATM by inserting his debit card and entering his PIN to withdraw cash.
- The ATM connects digitally to his bank account to dispense the requested amount in physical bills.
How Airlines Price Tickets
- Airlines set ticket prices based on flight distance, booking time, popularity, and seat class like economy or first class.
- Prices rise closer to the flight date and during high-demand periods like holidays to maximize revenue.
Early Booking Lowers Costs
- Book flights as early as possible to get the best ticket prices.
- Avoid last-minute purchases which tend to be more expensive, especially during popular travel times.