Do You Carry Much Cash On Your Person?

Discussion in 'Money & Finances' started by Lon Tanner, Apr 10, 2021.

  1. John Brunner

    John Brunner Senior Staff
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    And I kept telling him, "Man, I got no safe here. And what's a 'Senior's Only Club?'"
    [​IMG]
     
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  2. Logan Bellgamin

    Logan Bellgamin Well-Known Member
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    When I have cash I tend to overspend, so I mainly rely on my Visa -- for every charge, I get at least a 2% cash rebate.

    Footnote: Biden is giving away LOTS of $$ for stimulus & "infrastructure" -- at a rate that seems likely to bring on inflation. USA will be okay if The Fed Reserve doesn't run out of green ink. I probably will buy some Swiss francs in the near future.
     
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  3. John Brunner

    John Brunner Senior Staff
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    In the process of shopping for a car loan in 2019, the guy at my bank turned me on to a cash back card. I was upset I had not discovered it before, but I have always paid cash. Now I charge just about everything, to include my electric bill and my cellphone bill.

    Since the tiered rebates are driven by each business' merchant code, and each business only has one merchant code, I get the extra 1% grocery rebate for everything I buy at Walmart, since its merchant code is for "Bakery."

    Regarding inflation: I agree with your observations.
     
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  4. Al Amoling

    Al Amoling Veteran Member
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    I carry a little cash($20_30). Cash back Mastercard handles it all
     
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  5. Bobby Cole

    Bobby Cole Supreme Member
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    Yep. My local hardware store gives me a little break when I pay in cash plus I simply feel better when I have between 50-150 or so on me.

    When I was working in the Rescue Mission Ministry, I found that when the program people were given a few bucks each week that they seemed to feel better about themselves hence my little saying: A man just doesn’t feel like a man unless there’s a little jingle in his pocket.

    The same goes for me. No matter how much or little is in the bank, I do definitely feel better about myself when I have some cash on hand.
     
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  6. John Brunner

    John Brunner Senior Staff
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    These guys don't take credit cards:

    [​IMG]
     
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  7. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    If we are going on a weekend or week trip, we will have both cash, bank card and couple of credit cards. We pay for car rental, our hotel room and meals with either bank card or regular credit card. We will each have some cash, if we are going someplace where there is a casino. IOW, love the slot machines, but definitely know when to stop.

    Actually, I never owned a credit card until wife and I was buying a house. Not to long after "Closing", the credit cards started coming to us. Didn't even have to apply for most of them. We've got rid of some, with higher Interest Rates.
     
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  8. Beth Gallagher

    Beth Gallagher Supreme Member
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    We have had similar situations a couple of times while thousands of miles from home in the RV. Filling up with gas, where the tab is around $300 or so... the pump would reject a gas card as "suspicious activity"! How suspicious that people in a motorhome were buying gas miles away from home, huh?? Anyway, we were glad to have cash with us.
     
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  9. Al Amoling

    Al Amoling Veteran Member
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    I carry a little cash($20_30
     
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  10. Hugh Manely

    Hugh Manely Very Well-Known Member
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    No, none to speak of.
    But I usually carry a $5 bill, and since I keep a Gideon bible in my car at all times, I place it in one and give to those who stand along the road looking for work or who say they are homeless in need of help, and give it to them. I have given out scores of them.
     
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  11. Hedi Mitchell

    Hedi Mitchell Supreme Member
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    $0 to $20..at best :)
     
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  12. Trevalius Guyus

    Trevalius Guyus Veteran Member
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    Not a great idea to answer this question, I believe. There are those who lurk in senior groups looking for vulnerable marks. Anyone posting that he/she carries a large amount of cash at all times really needs to think things through.

    Yes, I know, many of us use names, here, other than our actual ones. Even so, a determined data miner can use contextual clues to, possibly, discover who you are and where you live.
     
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  13. Bobby Cole

    Bobby Cole Supreme Member
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    Good advice guy but on a personal level, if I was afraid of being robbed I wouldn’t be living in the neighborhood I live in.
    To think about it for a second, if someone new came into the neighborhood to rob me they’d probably need the money because they’d more than likely get robbed before they got to my house.
     
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  14. John Brunner

    John Brunner Senior Staff
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    This has occurred to me on lots of topics before this one. As you said, people lurk on seniors groups in search of vulnerabilities.

    I was on another seniors forum where a woman living alone had posted tons of personal details (including pics of her house), and when she complained about noisy neighbors, she posted a satellite view complete with landmarks and street name labels!!!

    Your point is well-taken, but I'd be more concerned over the cyber stuff than a robbery or a home burglary.
     
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  15. Beth Gallagher

    Beth Gallagher Supreme Member
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