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Be on guard with holiday gift cards

from Boston Globe

The near-universal appeal of cash has made it a popular gift for special occasions since the Lydians minted the first coins in the 7th century B.C. But cash isn’t without its drawbacks. If it’s lost, it’s gone forever. It’s also a gift that tends to be forgotten almost as soon as it’s put into a wallet. Consumers who want to give cash for the holidays should also consider gift cards and prepaid cards. Here’s what Consumer Reports recommends considering when deciding among these options. more

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