I've done this many times and it will work in a pinch. A dollar bill measures barely much over 6 inches of length. When a measuring tape or ruler is not within reach, a 6 inch dollar bill can give you a close figure. Fold in half, and it would be 3 inches. It is kind of handy to measure lengths of nails, bolts, screws, etc. It's not as precise as a tape measure, but will work.
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I've always used my index finger which is just shy of 3" in length when I'm in a pinch and need to measure something.
But I like your idea better, thank you!
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