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April 23, 2021

If someone found your wallet, would you reward them upon its return?

Most of us have probably experienced that "I'm gonna puke" feeling when you realize that you’ve lost your wallet, phone, or perhaps even worse, computer.

A couple of weeks ago, my wife lost hers although she didn't know it at the time. Later that day, she got a call from the police explaining that a young man had found her wallet inside the grocey store and dropped it off to them -- intact.

She couldn't track him down and that was the end of it. But, if she had been able to find him, we would have offered him some money, along with our heartfelt thanks.

Would you do the same?

How much? I don't know. I've never taken anything when I've found items in the past. But people did offer, although I can't remember just how much.

My wife doesn't carry much cash as a rule, but there's certainly a value in not having to replace ID and cancel credit cards. So, is it $20, $50 or just a smile and a handshake for a much appreciated good deed? Does it matter if it's a kid or a company employee?

Would you expect a reward? Would you take it if it was offered? Have you ever given a reward to someone who returned your belongings?

By Gordon Powers, MSN Money



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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...