Making Money From Lazy MTA Riders

The Daily News reported last week that many riders don’t know what to do – or can’t be bothered – with small-change balances left on their MetroCards.

I know what you’re thinking: “So what?” Well, it seems that straphangers will leave more than $53 million on expired MetroCards this year. Most riders said they simply throw away cards with balances of five, 10 or 20 cents.

I don’t get it. If you use the subways and buses often then you have to buy another card. Why not simply hand in your old card and ask to add the balance? Personally, I use the automatic dispensers. It asks if I want a new card or add money to an existing card. Nothing could be simpler.

But fortunes are made off the stupidity or laziness of others.

Here’s a suggestion to panhandlers: instead of asking for donations on the subways, ask for old MetroCards. I am sure you are more likely to get a few cards with balances on them than trying to get cash. In addition, since you’re hanging around on subways a lot, pick up discarded cards lying about. Bring them to the MTA kiosks and have all the balances put on one card. Contact me when you have a bunch of cards with decent balances of $10 or more. I will buy them from you 60 cents on the dollar – cash. I won’t lie – I have someone who will buy them from me for 80 cents on the dollar. Hey, I gotta make something too.

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