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Old 05-23-2022, 01:14 PM
  #1

Do you carry cash? If so, how much?

I usually pay things with my credit card and/or debit card. I went into Walgreens last week and all their registers would not accept any cards. Lucky, I had $40.00 in cash. A month ago a local grocery store had trouble with their system and was only accepting cash. Have you experienced anything like this in your area?

I donít know much about crypto currency but good old cash helped me out.


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Old 05-23-2022, 01:19 PM
  #2

I always have at least $40 in my purse and I keep $40 in my car. I've been grateful to have both. Systems fail. Power fails. Plan B is a good thing.
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Old 05-23-2022, 01:25 PM
  #3

I NEVER have cash in me. My parents get so annoyed. They always have cash on them. I wonder if itís a generational thing.
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Old 05-23-2022, 01:32 PM
  #4

I always carry cash. I tend to live by the saying ďjust in case ď.
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Old 05-23-2022, 01:35 PM
  #5

I rarely carry cash. And certainly not enough to pay for my groceries.

Just this week I tucked a $20 in my phone case so I'll always have that. But I'll probably forget it's there by the time I need it!


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Old 05-23-2022, 01:50 PM
  #6

We carry only a small amount of cash. Hubs used to carry several hundred dollars in his pocket but then he lost his wad two different times. Now he carries less than $100 and I carry less than $50.
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Old 05-23-2022, 02:00 PM
  #7

I also never have cash on me. I do have some cash in the house but not that I carry in my wallet.
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Old 05-23-2022, 02:17 PM
  #8

I always have cash on hand and at home.

I commented on this yesterday, that Iíve experienced more and more places with ďcashlessĒ signs posted. I use my credit card for most things but I still do not like to see that.
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Old 05-23-2022, 02:25 PM
  #9

I keep about $25 dollars in my purse and $100 in my car. DH always has at least $100 cash in his wallet and same in his car.
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Old 05-23-2022, 02:31 PM
  #10

I keep a $25 hidden in my car. I work 25 miles away from home and have forgotten my wallet at home twice. I also keep emergency cash in my home. It comes in handy. This past winter during a blizzard I was able to flag down a plow and pay them to plow out my driveway and I had the cash on hand to pay them.I also remember during the last serious hurricane we had many stores and gas stations that only took cash.


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Old 05-23-2022, 02:31 PM
  #11

I usually carry around $40. There are a few small purchases--coffee and such--that I try to limit to cash.
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Old 05-23-2022, 02:46 PM
  #12

We use cards for most purchases. But we do try to have some cash to use for tipping. I've always heard it's better to use money for tips since servers have wait time before they get their tips fro card purchases.
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Old 05-23-2022, 02:56 PM
  #13

The only reason I ever have cash is if someone gives me some to pay me back for something.

I just saw a tiktok where a HS teacher (or maybe college professor, can't remember now) said that her students felt like paying with cash felt like "getting something for free." She explained it and I realized I feel the same way. You never see the money in your account, so it doesn't feel like you really had it in the first place, and you never see the money come out of your account when you spend it, so it "hurts less."

Very interesting considering Dave Ramsey's whole thing is that handing over actual cash is supposed to "hurt more." That may be true for older generations but isn't anymore.
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Old 05-23-2022, 02:57 PM
  #14

Weíve been labeled ďoldĒ in a humorous way by DS2 because we sometimes use cash, and coins!

Linda/OH, thatís good to know!
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Old 05-23-2022, 03:09 PM
  #15

I keep about $40 in my wallet. I have a stash of $20 in the car.
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Old 05-23-2022, 03:15 PM
  #16

I usually have some cash but use a card for almost everything. I used to have a minimum amount Iíd use a card for but now I use it for almost everything, itís just easier.

I know some stores went to cashless because of the coin shortage but I donít think that should be standard. Thereís many reasons a person might not be able to have a credit card.
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Old 05-23-2022, 03:24 PM
  #17

I try to keep a little in my wallet, like $10. Iím a card type of girl.
I am surprised that so many of you keep cash in your cars. People break windows to steal valuables here, nobody I know keeps cash in their car.
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Old 05-23-2022, 03:50 PM
  #18

I rarely carry cash. While working, there was no bank anywhere near my school and I didnít need it.
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Old 05-23-2022, 04:03 PM
  #19

Quote:
I am surprised that so many of you keep cash in your cars. People break windows to steal valuables here, nobody I know keeps cash in their car.
I keep it hidden and it can't be seen by looking in the windows. I don't keep anything in my car that is visible and people are less likely to break into a car with nothing in it. I do keep a winter survival kit and first aid kit in the car but they are in a cubby that is under the floor in the trunk area.
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Old 05-23-2022, 04:39 PM
  #20

I keep a $20 squirreled away in my wallet. We each took a couple hundred in cash when we went to Vegas. We each spent like $25. We recently put the rest back in the safe.

There are two local restaurants that only take cash, so we keep some in the house for that purpose. Our bank isnít even in our town. Normally we just use the Discover card and pay the balance every month.
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Old 05-23-2022, 04:46 PM
  #21

I like cash and usually have $40 to $60 in my wallet. I use it for smaller purchases.
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Old 05-23-2022, 04:58 PM
  #22

I usually carry at least $100 and more if we're traveling.

My sister-in-law was traveling with us once and her credit card was declined at the motel check in desk. We covered her room and she got it straightened out the next day. It turns out if she had $250 in cash to be held for damages and then paid for the room with cash, they would have let her spend the night.

I think doing away with cash would be a terrible mistake.
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Old 05-23-2022, 05:41 PM
  #23

I carry a bit here and there but not regularly unless I am traveling.
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Old 05-23-2022, 05:46 PM
  #24

I always have a $20 in my phone just in case. I also have $100 in my car (hidden in my tampons ) for an emergency, plus some $1 bills for drinks and drive throughs (which actually wasn't stolen when my car was broken into.

Quote:
Iíve experienced more and more places with ďcashlessĒ signs posted
We had some places try to go cashless and it was a huge deal (and for good reason). I'm surprised anywhere can get away with it. So many people do not have cards or bank accounts that to not take cash becomes quite discriminatory.
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Old 05-23-2022, 06:19 PM
  #25

I always use cash at gas stations. Recently, I had to use my credit card because I forgot to get some cash. I was surprised that the card machine indicated Iíd be charged .$35 to use a card since that didnít happen at the supermarkets where I shop.

The cashier told me the credit card companies actually charge 3% of every dollar charged, and the gas station loses money on card purchases. He said the $.35 the customer pays only recoups a small percentage of that money. Iíve heard this is also true of restaurants that operate on thin margins but donít want to antagonize their customers so they eat the 3% cost. Card companies are making out like bandits and adding to the cost of everything we buy.

I had shifted to cards because of the pandemic and not wanting to handle possibly contaminated money but ow I will be using cash as much as possible.
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Old 05-23-2022, 06:49 PM
  #26

I carry a $100 bill tucked away in my wallet, and usually have between $40-80 in cash, depending on what my errands are.

Plastic is certainly easier, but lately, I've been noticing more and more businesses add on a transaction fee for using debit or credit. Just last week it was $2.75 with our power company, and our car dealership is charging 4% in their service department.

I'm going to be going deeper into "old school," using cash and paper checks more often if transaction fees continue.
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Old 05-23-2022, 07:05 PM
  #27

I may be a lone duck here! I usually carry several hundred in cash in my wallet and prefer to pay with cash. I use my credit card for gas and online purchases as well as some things that are billed monthly (Amazon music, several streaming services, newspaper, etc,). I will use a credit card for some larger purchases, though. Trust meÖ my credit card does get its fair share of usage, too!
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Old 05-23-2022, 07:27 PM
  #28

I never have cash. Iím not sure my kids know what cash is. My mom is in her 70ís and she was the one to get the rest of us to start using Apple Cash.
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Old 05-23-2022, 07:31 PM
  #29

I try to keep at least $40 around me. I have been surprised at places that only accept cash.
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Old 05-23-2022, 07:33 PM
  #30

Quote:
felt like paying with cash felt like "getting something for free." She explained it and I realized I feel the same way. You never see the money in your account, so it doesn't feel like you really had it in the first place, and you never see the money come out of your account when you spend it, so it "hurts less."
I feel the same way! I work at multiple schools and I get a paper check for mileage, for some reason they can’t direct deposit it. I used to cash the check and the cash would be my “free money” to be spent on whatever because there was no accounting of it. Then I switched banks, now I can electronically deposit checks- now my mileage money feels like real money.
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Old 05-23-2022, 09:03 PM
  #31

I almost never have cash in my purse. I used to always have cash when I waited tables.

However, I keep about $15 0r $20 in ones and fives in an envelope in my glove compartment.
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Old 05-24-2022, 03:59 AM
  #32

I always have cash and I have a small stash at home. You never know what's going to happen.

My adult children NEVER have cash. They use their debit cards for everything. It is definitely generational.
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Old 05-24-2022, 07:16 AM
  #33

I'm like Cat woman. I carry cash and my checkbook along with credit cards and debit card. My adult kids hardly ever have cash!

I use a card for anything over $25.
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Old 05-24-2022, 07:50 AM
  #34

I have cash in my wallet and at home in case the credit card company or bank experiences a malfunction.
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Not much cash
Old 05-24-2022, 09:54 AM
  #35

I carry a few dollars a week to give for tips at Sonic. Thatís about it.
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Old 05-24-2022, 11:58 AM
  #36

I always try to keep a $20 in my wallet and a $20 in my car for emergencies. My DH does not… unless you count the emergency $20 that I stash in his car

Just the other day I went to get gas & realized that I’d left my credit card at home (phone wallet) and I didn’t have my actual big wallet with me. Thankfully I was able to just get $20 of gas with my emergency stash.
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I am like Catwoman...
Old 05-24-2022, 12:19 PM
  #37

"I may be a lone duck here! I usually carry several hundred in cash in my wallet and prefer to pay with cash. I use my credit card for gas and online purchases as well as some things that are billed monthly (Amazon music, several streaming services, newspaper, etc,). I will use a credit card for some larger purchases, though."


I do the same. I tend not to use checks much anymore since some stores started direct withdrawals (grr!) I like using cash for a number of reasons, chief among them that I think more about what I'm buying when I have to pay cold, hard cash, and that I like the anonymity that paying cash provides.
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Old 05-25-2022, 01:30 AM
  #38

I started married life using the envelope system of budgeting...cash only. For dh and me, it was a way to communicate with each other about spending and kept money accessible to both of us.

Nowadays, I usually use a credit card for almost everything, but I do carry some cash in my wallet ($20-100) just in case. I also have a separate little wallet for shopping for dd. She relies on me to pick up fresh things at the grocery store because she can't get out easily with Jai. Usually it's about $20 worth of items. She almost never had the cash on hand to repay me, so now she gives me a couple hundred dollars that I keep in "her" wallet and I pay cash from that. When I run out of cash, she'll replenish it.

I keep another couple hundred dollars in cash at home so I don't have to run to the bank when my wallet runs out of cash. Mostly I use the cash in my wallet at the farmer's markets, so I can run out every couple of weeks.

I also have a stash of dollar bills at home. I use them to pay for fresh eggs from my neighbor and to pay the guy who occasionally shovels snow for me.
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