Cash

[mjarrels]

I never have any... use debit card for just about everything. Only cash I ever get is for about half the rent for my second house and my wifes tips from the 36 hole golf course next door. My only needs for cash is for hair cuts, a few local eats that take cash only and for tips for service. Years ago when stories begin on debit card, I thought to myself, I'll never do that. I think now that goverment would be more effective if CASH was used to manage the national debt and not electronic transfers. Nothing more effective than piles of cash.

mark

 

[955er]

Cash is King. No paper trail. Some things should be nobody else's business. One of those is what I spend every dime on...

 

[Ductape]

I'm with 955er. Cash is king. I don't own a debit card, i don't own a Mac (or any other money machine card) card, and my wife and I keep one AmEx card for an emergency. Electronic transfers breed fraud. What I spend my money on is no one elses business.

 

[Thomas]

Cash done deal..no computer hacking,extra insurance for protection,high interest rates,live w/in ones means...good chance if one has to work/save to purchase they shall take better care of purchase item.

We have one card for emergency.

 

[MossRoad]

I don't carry much cash. Don't have a use for it. Don't want to get robbed. We have a debit card. Exact same thing as a check book. You put money in your checking account before you buy something. If you don't have money, you can't buy things. Can't overdraw it. The card would get rejected if the funds weren't there. The only downfall is you still have to balance it like a checkbook.

Plus, cash is nasty. Old sweaty guys sit on it all day. :laughing:

 

[crusty 1]

mossroad,I,m sure the people accepting the cash don,t mind that us old farts sat on it:laughing:I,v gotten better deals on things too because it was a cash transaction.Dave

 

[mjarrels]

Moss... Balance a checkbook, whats that? I bet we haven't balanced the checkbook in 20 years... Just always seems to be money in it.

mark

 

[mjfox6]

Started a written budget January 1 and started using cash only for all of my local transactions. I spend less than half of what I used to every month now. I'll never go back. Thanks Dave Ramsey!

 

[MossRoad]

mossroad,I,m sure the people accepting the cash don,t mind that us old farts sat on it:laughing:I,v gotten better deals on things too because it was a cash transaction.Dave

I always laugh when I am selling something, for, say $500.00. Someone comes up and says they'll give me $400 CASH RIGHT NOW!!!

...... as opposed to what? CASH RIGHT LATER? :laughing: Like I'm going to set up some kind of payment plan or something?

The only time I have found cash to promote a better deal was when a business charges more for credit card payments because they don't want to pay the processing charges to the credit card company. That, or when someone wants to do a shady deal by selling something off the books or the item is stolen. I won't buy stuff of questionable origin.

 

[dmccarty]

I get $100 in cash from the ATM every 2-3 months. It goes towards breakfast, haircuts, and that is about it. Everything goes on the credit card. With the credit card I can see where the money is being spent and we get %1 back on all transactions. We get a very big check this time of the year.

With the credit card we have some insurance/warranty protection. Cash ya got nothing. Debit cards are bad since if anyone hacks it they have access to your bank accounts.

Right now my oldest kids has much more cash than I do. :laughing:

Later,
Dan