How much cash have you spent during lock down?
Discussion
https://web.mit.edu/simester/Public/Papers/Alwaysl...
"In summary, this is the first study that demonstrates that willingness-to-pay is increased when customers are instructed to use a credit card rather than cash."
Don't be too excited to jump off the cash bandwagon lock stock and barrel.
"In summary, this is the first study that demonstrates that willingness-to-pay is increased when customers are instructed to use a credit card rather than cash."
Don't be too excited to jump off the cash bandwagon lock stock and barrel.
Aside from 2 Indian take away (only two since mid Feb to now) then it’s been additional kids learning books maths science geography etc.
Oh yes the Trolls 2 premier on sky.
Aside from that nothing but food and drink/groceries & running our 3 fridge freezers to near empty ditto cupboards using stuff we’ve had for months/years.
Oh yes the Trolls 2 premier on sky.
Aside from that nothing but food and drink/groceries & running our 3 fridge freezers to near empty ditto cupboards using stuff we’ve had for months/years.
Not eating/going out has saved me some money so I've diverted the savings into things I would normally put off.
Got my car tidied up, £160 for smart repairs.
Probably about £50 spent in cash over the past 10 weeks on top of that. Withdrew £100 about 3 weeks ago, still had it in my wallet so used £80 to pay my motorbike garage for a job they did on my FireBlade yesterday.
Got my car tidied up, £160 for smart repairs.
Probably about £50 spent in cash over the past 10 weeks on top of that. Withdrew £100 about 3 weeks ago, still had it in my wallet so used £80 to pay my motorbike garage for a job they did on my FireBlade yesterday.
Everything is just contactless now, especially since they upped the limit in supermarkets.Looking at my bank transactions, I’ve taken the equivalent of £100 out of my account in 2020. I gave £40 to my girlfriend, paid £15 to a colleague as a wedding present contribution, paid £15 at a bakery that would have been happy to take a card and have £8 in my wallet. Not sure what happened to the rest. My colleague would rather have had a peer to peer transfer too, but I don’t use the service.
Bank transfers, debit card and credit card payments however are a completely different story.
Parking in Zurich has app pay options now too, so that’s one less thing to need cash for. I’ll be quite happy leaving it behind.
Bank transfers, debit card and credit card payments however are a completely different story.
Parking in Zurich has app pay options now too, so that’s one less thing to need cash for. I’ll be quite happy leaving it behind.
I haven't withdrawn any cash at all during the lockdown. I've been paid cash for a few things eg I sold an old car for breaking and paid cash and one or two other things and I've found having cash a real PITA. At one point I went and paid it into the bank because I was struggling to use it due to people thinking it would give them Corona.
I found a petrol station happy to take cash and I bought 6 months VEL at a post office so I'd estimate £250ish?
I know I've currently got £45 in my wallet and a load of pound coins in a coat pocket still.
I found a petrol station happy to take cash and I bought 6 months VEL at a post office so I'd estimate £250ish?
I know I've currently got £45 in my wallet and a load of pound coins in a coat pocket still.
I can't actually remember when I last used cash. I normally keep some for the occasional place that doesn't take card, but that's become very rare in lockdown. Bars, barbers, market stall...everywhere's on contactless these days.
My wife has the strange attitude that cash is somehow easier, so if somewhere takes both will often pay cash, which takes far longer than card these days.
My wife has the strange attitude that cash is somehow easier, so if somewhere takes both will often pay cash, which takes far longer than card these days.
I still have a pot-full of change from 2-3 months ago, but I usually fritter it away on groceries.
One important difference between cash and card is that when cash runs out you stop spending. With a card you just keep on going... one reason why people who aren't very good at sums get into debt.
One important difference between cash and card is that when cash runs out you stop spending. With a card you just keep on going... one reason why people who aren't very good at sums get into debt.
Fonzey said:
anonymous said:
[redacted]
I hope so, it's just a pain in the arse. I do love our village local but I do get a bit irritated with the eye rolling when I go to pay on card. Just because I'm the only knobhead in the village who's paying tax 
My local chinese (the better of the two) only takes cash.....they have a card payment machine, but it's always "broken".
FUNNY THAT?!
Gassing Station | Finance | Top of Page | What's New | My Stuff