What is it with young people and cash?
Discussion
As per thread title.
My three lads, all in their thirties never carry cash despite being in extremely well paid jobs...I mean not even a fiver, everything is paid for by card.
I don't expect them to carry £500 or anything, but a small float of around £30 in their wallets wouldn't be a bad idea, for example my local Chinese only accepts cash. (See Chip shop thread)
What happens if they go into a small shop in the middle of nowhere and want to buy a Mars bar?
Kids eh?
My three lads, all in their thirties never carry cash despite being in extremely well paid jobs...I mean not even a fiver, everything is paid for by card.
I don't expect them to carry £500 or anything, but a small float of around £30 in their wallets wouldn't be a bad idea, for example my local Chinese only accepts cash. (See Chip shop thread)
What happens if they go into a small shop in the middle of nowhere and want to buy a Mars bar?
Kids eh?
Never used to carry cash, just a metal business card holder with maybe a £20 note in it. Moving to the states I usually have a few hundred because their banking/financial systems are 30 years behind the UK, so no guarantee card will work and also dinners I normally pay cash (and good to give wait staff cash).
Edited by Brother D on Saturday 20th March 20:07
I'm an old git, don't have a phone with the pay by phone option, but do have cards. Generally carry cash in wallet, two sections, household money, anywhere between 30-60. Personal section 80-100. Yep old fashioned, but here it is.
Don't know what Mrs does, but she is even more cash oriented than me.
Daughter, millennial, having been caught out a couple of times with no cash and having to make a quick visit to atm now has a 20 tucked in the back of her phone.
Problem is apart from the place doesn't take cards scenario, have seen an issue with pay by phone twice now. Chip shop, can't remember the exact figures now, bloke pays for his order, say £5.40. He's reading the screen upside down, presses OK, then spots it says £55.40. Right cafuffle, shop cannot manage to refund him, claims needs to go for petrol, in end shop owner digs out the cash from till. Daughter got charged twice at Tesco when first payment appeared to fall over, but hadn't. To be fair easily resolved and corrected.
Then there's this, £1,599 for bunch of bananas
On Apple pay, which doesn't have a limit apparently, also problem with refund.
Don't know what Mrs does, but she is even more cash oriented than me.
Daughter, millennial, having been caught out a couple of times with no cash and having to make a quick visit to atm now has a 20 tucked in the back of her phone.
Problem is apart from the place doesn't take cards scenario, have seen an issue with pay by phone twice now. Chip shop, can't remember the exact figures now, bloke pays for his order, say £5.40. He's reading the screen upside down, presses OK, then spots it says £55.40. Right cafuffle, shop cannot manage to refund him, claims needs to go for petrol, in end shop owner digs out the cash from till. Daughter got charged twice at Tesco when first payment appeared to fall over, but hadn't. To be fair easily resolved and corrected.
Then there's this, £1,599 for bunch of bananas
On Apple pay, which doesn't have a limit apparently, also problem with refund.
There’s more physical cash in my car ashtray than there is in my wallet. Been contactless for a few years now. All the takeaways around here are now order online and contactless payment at collection.
My dad still persists with carrying £100+ in notes and a huge pocket full of smash ‘just in case’ but even he’s weaning himself off this.
My dad still persists with carrying £100+ in notes and a huge pocket full of smash ‘just in case’ but even he’s weaning himself off this.
38 here, rarely go shopping as my wife does all that - and day to day work things are all on accounts.
However i always have cash and never use a card, helps me keep track of spending!
Start the week with £10 and gets spent mostly on pies and dr pepper.
Can’t remember the last time i used a card, always have at least £100 on me
However i always have cash and never use a card, helps me keep track of spending!
Start the week with £10 and gets spent mostly on pies and dr pepper.
Can’t remember the last time i used a card, always have at least £100 on me
I’m 29 and haven’t carried cash in well over 3 years since Apple Pay came out, I simply won’t go to place that don’t accept card as in today’s world it’s just unacceptable to me that a place wouldn’t take it and if they don’t, they more than likely have something to hide.
Plus with Apple Pay there’s no limit so you can even use it for big purchases
The last time I needed cash was a hand car wash which is obviously not paying any tax and then I used the NatWest app to get £10 out of a cash machine.
Cash is a liability, means I have to carry my wallet and then when you get change it makes it all bulky. Can’t stand men who carry loads of change in a pocket and then stand there playing with it and making a racket
Plus with Apple Pay there’s no limit so you can even use it for big purchases
The last time I needed cash was a hand car wash which is obviously not paying any tax and then I used the NatWest app to get £10 out of a cash machine.
Cash is a liability, means I have to carry my wallet and then when you get change it makes it all bulky. Can’t stand men who carry loads of change in a pocket and then stand there playing with it and making a racket
I've got more cash in my wallet now than the beginning of COVID as have sold loads of stuff on ebay.
I alway like to have a few notes in my pocket. I will keep using cash for a while as I think the transaction is important for my 3yo to see, till she has a greater understanding of money at least.
I alway like to have a few notes in my pocket. I will keep using cash for a while as I think the transaction is important for my 3yo to see, till she has a greater understanding of money at least.
I rarely even have my cards on me these days. Use my phone to pay for everything.
I was just wondering today how Big Issue sellers and the like will fare in a cashless society. On numerous occasions I'd have happily made a donation to someone who was collecting, had I had any cash on me.
I was just wondering today how Big Issue sellers and the like will fare in a cashless society. On numerous occasions I'd have happily made a donation to someone who was collecting, had I had any cash on me.
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