So I know some older people who always carry a lot of cash on them, like $700 on them at all times. Shops want you to pay with your card, unless they are a small business not declaring the sale, so I guess it is handy carrying that much cash if you need to pay a friend for something on the spot. Or maybe it just reminds them of the olden days to carry cash.
Anyway I carry no cash on me, unless I'm on my way to buy some Devil's lettuce or some pingas. How much cash do you carry?
Nothing, unless I have my wallet, then maybe $50
Normally around $5000, so not a lot really. That way if I lose my wallet I won't feel too bad about it.
Got a folded $50 note slipped into my cardholder.
Usually a few hundred and the wifey and kids gradually wilt it down over the month. Only use cash to pay for my second coffee of the day (a few times a week), so my wife doesn't complain that I buy so many coffees in one day.
You sound like Al Bundy.
“Kids, get a change of clothes and a baseball bat. Because we're going to Vegas!”
$20 as there are a lot of places to withdraw from. If I know I'm going out and will be splitting a bill or whatever I will take more with me.
$90 up to $200 yes i rarely use it. Its more a just in case fund in case come across a secondhand bargin, a store that doesnt have eftpos or a unknown emergency.
Withdraw between 200-300 every week. Exactly right now carrying 90.
You smoke an oz a week?
Yes
I live in Springvale so I need to use cash a lot!
$200 on average. I'm old fashioned and prefer physical money and cards.
I've carried $0 for the last 5 years.
Cash is extremely inconvenient and a pain in the ass.
I like the idea of using cash, but how do people deal with the spare change? … It's a pain in the ass to carry, and who wants to go into a bank with an ice cream bucket of coins - They charge money to sort them, yeah?
Yeah I agree. If you use cash for everything you either end up carrying and using a lot of coins, or end up with a big collection of coins. Compared to that hassle businesses should pay their 1% fee to use cards. Plus their staff would have to sort, store, and transport cash to the bank if we all used cash which must cost them more than 1% of the average transaction in wages and armoured van fees.
Chuck in myki top up machine, woolies self checkout car wash money changer… this way i don't have to bother someone with loose change.
$500 min all the time
I don't carry any cash, my wife and I between us often have zero physical currency. I don't even carry my wallet anymore - I'm aware that one day I'll get caught out because my phone will die or something, but as long as I'm in metro Melbourne that's an inconvenience rather than a major problem.
@AustriaBargain ‘s next pointless post will ask everyone where they hang out in their spare time. He will then cross-match the data with those who carry a lot of cash. When he robs you, just remember that it’s what they call a “bargain” in Austria.
Last I took out $600 to pay a tradie, balance ~ $200 stayed in my wallet for about 6 months and I ended up depositing it back to my account.
I haven't carried a wallet since they added the digital drivers license. All I carry is my car key, my phone and if I know the place I go only accepts cash I'll literally take out $40 and keep it in my pocket.
$0 now but at my last job I ran a thriving soft drinks/Friday beers fridge. I'd have anywhere from $500-$700 on me at a time.
None , I haven't used or had cash for over 3 years now , no more build up of useless small coins.
500-1000. Paying everything in cash.
$250 if I'm looking to get some wacko tobacco.
Otherwise $20 - $50. It does come in handy on occasion.
I have a tendency to spend cash in my wallet and being the tight arse that I am, I basically keep it at $0.
Generally between 50-100 in case EFTPOS is down.
Usually zero or maybe $20.
Can't remember the last time I used cash. Don't miss it at all.
Haven’t used cash for years. I take out $100 in $2 and $1 coins once a year. Kids school is always doing gold coin donation crap.
I carry a minimum of $150 at all times. Reason being is that the rub 'n tug massage shops require $50 for 30 min massage and then $100 tip to the girl for the happy ending. Of course, this needs to be paid in cash, you don't want to leave a digital trace of these sorts of things or the wife could find out.
You have the perfect username for this comment
your over paying for HE unless it includes a BJ
I never leave the house without one gazillion dollars in my pocket
$50 emergency note tucked away in the case of my mobile phone, and a token lobster in the wallet that's been in there for years.
We also have a cash kitty at home for emergencies. A couple thou in both small and large denominations. Sometimes cash is still king.
typically $300 to $500 in the wallet n a emergency avocado behind my phone case.
If it's anything like my idiot wog dad, he carries around like 5K (or more) cash on him at least all of the time, I genuinely don't know why. Me, I always keep 100-200 on me generally.
I take out $200 cash out every month.
$100 for pokies
$50 ea for my Mrs and I broken into small $5 or $10 notes for tips and marketplace cash purchase.
Keep $40 cash most of the time.
Lost money on pokies last year @1200 but won a grand jackpot in 2021 at 5.6k
I like cash at venues like bars etc.
China tried to go cashless. It didnt work out.
I suspect the older generation didn't like it.
Not sure if we are going down the same cashless path and if it would work here or not.
So I know some older people who always carry a lot of cash on them, like $700 on them at all times.
What on earth would someone carry that much cash on them? Is it just for a feeling of security, or for some practical purpose?
Up until recently I lived in a city that was heavily cash-oriented, and didn't carry that much around. If I needed extra cash for a large purchase that wasn't going through a card, I would just walk to the nearest ATM.
Well I see how they spend it sometimes. Like they may be dealing with a rep from Dyson or whatever and the rep offers them a deal on some new product or whatever, they'll say drop it around now and I'll give you the $500 for it. Or give a family member a few hunge to buy their kids whatever. Now that I think about it most of them aren't set up on PayID or anything like that, when I help them set it up they are amazed. I think a big part of it is they are out of the loop.
My late uncle had a fat wallet filled with 50 notes.
He did it to "show off" and let everyone know that he is doing well.
That's what my Dad currently does. He doesn't even have a "normal" "male" wallet. He carries a fat stack in something akin to a purse. It boggles my mind that he does that. I've said to him multiple times, "what happens if you get rolled" and he's like "it's fine"….
Its like "mine is bigger than yours. Hahaha"
ATM are hard to find.
Credit card is good, but you can spend more than what you want to.
search "atm near me"
Generally $300 and it gets spent at once every weekend then withdrawn again the next week.
a single $1 coin for supermarket trolleys.
$20-50. And it usually sits there for a long time…
Cash is trash. My HSBC global pays me to use it.
A $1 coin in my wallet for trolleys.
A $20 note in my board shorts for food/drink - happily goes through the wash too.
I've changed my ways a lot in the last 12 months. I use cash wherever possible now and have reverted to using a wallet again. I like the freedom that cash gives me and I don't want to live in a world where everything is cashless, whixh seems to be the way everything is trending.
Smart man
The resistance is to preserve freedoms for the humans that will come after us
I've had the same $10 and $5 note in my wallet for 3 years. I just don't use it
I prefer carrying cash to avoid the tap n go surcharge, which is ridiculous. However, I generally default to card cos I’m a lazy bugger.
$20 note inside my phone case.
we a restaurant that dosent have credit/ eft pos
i know people say its a 1.1% transaction so it doesnt mean much, but from a restaurant point of view we have to pay the 1.1% which equates to about $800 ($80,000 sales), and it costs us another $800 to produce that in produce + labor + lost sales !
So it adds up to ………… $1600 !!!
Why not just raise your prices by 1.1%?
Or charge a txn fee?
Just increase your menu prices. I'd rather pay more than go get cash or pay a surcharge.
Whats cash?
I can buy a packet of gum with a credit card, no need for cash. Also keeps businesses honest (most of the time)
$50 + $1 Coin for Trolley
Real case that happened to a relative this week: He went to a small concert where patrons paid on entry. The EFTPOS terminal suddenly failed, and only cash payments were taken. Quite a few grumpy people had to be turned away as they expect everything everywhere to be digital.
Digital payments are great. I use them 99% of the time. But always have a bit of cash, as technology isn't perfect.
Went to lakemba market yesterday, Knafeh was 20$ cash and 22$ by card from that famous vendor
It seemed like entire market was cash only, wondering how much black money is cleaned in the entire market.
i usually carry $40 just in case i'm at a shop without eftpos but i think i'll up it to $100 so i'm covered if i buy fuel and their system goes down
In Cyprus during the GFC they limited everyone to something like $50 a day withdrawals. I have no idea why people want to depend on banks, especially when governments are working together with them and they are serving the interests of the government in power
Always carry around 1k cash, had shop refuse cash other day until i explained its illegal not to accept legal tender.
It isn't illegal to refuse cash as long as you are told about the terms of the transaction before entering into an agreement.
How do you think so many places were able to refuse cash during COVID? The laws weren't changed.
Stop bullying people with false information. It's not illegal to not accept cash. https://www.accc.gov.au/consumers/buying-products-and-servic…
Nor should it be.
Hey their choice , dont wanna accept cash ill buy elsewhere, not bullying you want my business nothing says payment guaranteed no surcharges on day of purchase.
Mang I don't even have 1k in my checking account right now.
$500 to $1000
~$50, but typically includes a couple of $5 and $10 - cash pickup from marketplace such as Lego, kids clothes, shoes, etc.
about $50, just in case the EFTPOS terminal is down
25 x $1 Zimbabwean dollars in case I have to put money in church collrction plate or the G string of a stripper.
No cash has touched my wallet since covid started.
Either 0 or $200, My wallet got stolen and I haven't got one in a year
Usually none. Unless I'm going to buy drugs.
You told us in the OP, no need to comment again six months later.
Yeah there is, when I forgot I even made this thread.
$0
I like to have a $50 note tucked in my phone case.
Normally $200-$400 at any given time in the wallet.