Do you carry/keep cash?

Ironic Namesake · 25 Jan 2009 at 19:01

Well in my case I don't have online banking for any of my credit cards so I never know till the end of the month, with cash I notice straight away how much is spent

suarve · 25 Jan 2009 at 19:01

Carry a bit of change for food and car parks when I'm out. USe the card for everything tbh.

Glaucus · 25 Jan 2009 at 19:03

OoOverclockaoO said:
Well in my case I don't have online banking for any of my credit cards so I never know till the end of the month, with cash I notice straight away how much is spent

You now there's debit cards as well..

I don't see the difference. You know how much cash you have withdrawn, you know how much you have spent on a card, you have to remember both. I'm not seeing the difference.. :confused:

Grimley · 25 Jan 2009 at 19:04

I usually draw out £50 at a time for daily purchases at work (food/drink/papers) I don't keep any more cash on me, that's what the debit card is for.

Ironic Namesake · 25 Jan 2009 at 19:15

AcidHell2 said:
You now there's debit cards as well..

I don't see the difference. You know how much cash you have withdrawn, you know how much you have spent on a card, you have to remember both. I'm not seeing the difference..

If I have £200 cash on me and only use that to spend during the week , when I have only £10 of that left , I know I've spent £190. When using a card I wouldn't add up/try to remember each transaction I make , and therefore won't know how much I've spent during that week (unless I've bought something expensive) - I never use my debit card to buy anything , so will usually only find out at the end of the month

If that makes sense

Sankari · 25 Jan 2009 at 19:16

I carry £20 cash at most. Everything goes on the debit card.

I have no credit cards or store cards.

MattandJet · 25 Jan 2009 at 19:22

I carry about £30 in cash (food/petrol) and then the rest on my debit card

LordSplodge · 25 Jan 2009 at 19:24

To all those who don't carry cash, what do you do at the pub? Pay with a card for a couple of drinks?

Odd.

Hxc · 25 Jan 2009 at 19:28

I carry about £10max at a time unless going out and definitely taxing back.

Meridian · 25 Jan 2009 at 19:31

OoOverclockaoO said:
I usually have £50-100 cash on me

"Wedge!"

Hands up who's old enough to remember that?

But yes, cash for most stuff up to about £20.

M

Mr-White · 25 Jan 2009 at 19:34

LordSplodge said:
To all those who don't carry cash, what do you do at the pub? Pay with a card for a couple of drinks?

Odd.

i dont often go to the pub but would usually buy a round. cards were originally designed for small purchases any way

MW

wormwood · 25 Jan 2009 at 19:41

I'm pretty shocked at the amount of people who seem to completely rely on cards. I couldn't do it myself, I just don't trust chip and pin nor any other method of using cards. You are relying on 2 other parties to get things right and if my last "big shop" is anything to go by then mistakes DO happen and I expect they happen quite often. My advice, if you do use your card for most transactions, is to watch your account online like a hawk.

Psypher5 · 25 Jan 2009 at 19:47

I dont carry cash.

My wallet is a mans wallet and not a coin purse

Plus if i need cash, a cashpoint is fine, but more places seem to accept cards now so its not that bad. Coins I get go in my pocket, then into a box on my desk.

I wish everything was electronic though, would make life so much easier. I'll check my bank acc online every day so nothing odd goes on and if it does I know instantly.

Mr-White · 25 Jan 2009 at 19:50

pay by card and the items are insured (depending on bank/card etc) and are covered by fraud.

i just think it saves faffing about with money and having pockets full of coins.

MW

Glaucus · 25 Jan 2009 at 19:50

wormwood said:
I'm pretty shocked at the amount of people who seem to completely rely on cards. I couldn't do it myself, I just don't trust chip and pin nor any other method of using cards. You are relying on 2 other parties to get things right and if my last "big shop" is anything to go by then mistakes DO happen and I expect they happen quite often. My advice, if you do use your card for most transactions, is to watch your account online like a hawk.

so how do you withdraw cash. It doesn't happen often. Out of the 100's of millions of transactions every day, how many go wrong. Paranoid is the word..

V4NT0M · 25 Jan 2009 at 19:52

I don't know how you people manage without cash?!

How do you pay for your whores?

Alex_L · 25 Jan 2009 at 20:01

nokinidea said:
Err how does that work out easier..

If you have £20 in cash and come home with nothing, you know you've spent £20. (or lost it)

Checking balances at the machine is never that fool proof with pending charges or DD payments due out on days you forget..

i mean as in where the money goes......

i can do tremendously sad things using pivot tables and my online banking downloads to prove that i spend too much in bars/clubs/restaurants.

wormwood · 25 Jan 2009 at 20:12

AcidHell2 said:
so how do you withdraw cash. It doesn't happen often. Out of the 100's of millions of transactions every day, how many go wrong. Paranoid is the word..

I very rarely need to due to my job. Withdrawing and paying for goods are two entirely different things in my book though. I am paranoid, that much is true, but even a small number of the 100's of millions of transaction everyday could mean a hell of a lot to the people involved. People spend money like there is no tomorrow these days and I'm sorry but trusting shops and banks with your money seems foolish to me.

Pessimism consumes me

V4NT0M · 25 Jan 2009 at 20:14

wormwood said:
People spend money like there is no tomorrow these days

lol tell that to the economy.

memyselfandi · 25 Jan 2009 at 20:18

I tend to get £30 out in cash per week ... that then covers my travel for the week, (tram), and lunches/snacks at work as neither of these take cards.

Purchases like food shopping go on the debit card normally, (the bulk of which is done online anyway).