What is it with young people and cash?

What is it with young people and cash?

Author
Discussion

Vasco

16,478 posts

106 months

Saturday 20th March 2021
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FiF said:
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.
Amazing bad luck. I must have used cards and contactless on thousands of occasions and never had a single problem.

Evanivitch

20,148 posts

123 months

Saturday 20th March 2021
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30ish.

Usually carrying cash because someone owed me a few notes. Only withdraw cash if a certain tradesperson wants cash.

Wheel_Turned_Out

574 posts

39 months

Saturday 20th March 2021
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I have to echo the "rarely need it so rarely carry it" sentiment.


Wacky Racer

Original Poster:

38,188 posts

248 months

Saturday 20th March 2021
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Blakeatron said:
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
Good man thumbup

21st Century Man

40,943 posts

249 months

Saturday 20th March 2021
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Uncle John said:
I’ve not carried cash for years now & I’m an old git.
Same here, I use my phone. I lost my supermarket trolley token and didn't even have a quid to get a trolley with. I've not used cash throughout the pandemic and I can't see me ever going back to it.

21TonyK

11,543 posts

210 months

Saturday 20th March 2021
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I'm 50 and have not carried cash in at least 5-6 years. I don't have incidental or impulse purchases like fags with petrol or anything line that.

CustardOnChips

1,936 posts

63 months

Saturday 20th March 2021
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40 and haven't purposely carried cash for years. I only use it now to pay the weekly subs for 5 aside. I do have a big tub of cash for the kids football tuck shop sat at home.

I don't normally carry a card anymore either, just use Google pay on my phone. The only place the contactless limit is a problem is Tesco and I don't go there very often anyway.

M22s

562 posts

150 months

Saturday 20th March 2021
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I am 32, don’t think I have carried cash since the minimum spend in card went at 99% of shops, so perhaps 6 or 7 years ago? In fact I only ever get cash out for the Chinese which is perhaps once every 2 or 3 months.

ClaphamGT3

11,311 posts

244 months

Saturday 20th March 2021
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Blakeatron said:
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
Same. Apart from online purchases and situations where paying with a fold of notes would be vulgar I always use cash

Johnnytheboy

24,498 posts

187 months

Saturday 20th March 2021
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I currently have an enormous amount of cash as I buy stuff for work on Amazon then get paid out of petty cash.

But as the pub is shut I am not spending it!

On young folk not having cash, there's an element of it being modern so they don't do it, even when it is an inconvenience on multiple occasions.

I'm reminded of our token youngster at work who takes the mick out of the rest of us for having "old people phone cases" ie the leather wallet types. We pointed out that she is the only one with a phone screen cracked in multiple places. hehe

Drive it fix it repeat

1,046 posts

52 months

Saturday 20th March 2021
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I’m 24. I don’t own any kind of card, cash only. This will have to change as cash only just isn’t practical due to the way things have changed but this change will be through necessity rather than choice.

devnull

3,754 posts

158 months

Saturday 20th March 2021
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The only cash I keep on me is usually a few 20 pence coins in case I need to use the loo, and even that is just a placebo these days. Haven't carried cash for a long time.

Smoggy XJR

550 posts

71 months

Saturday 20th March 2021
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Am I the only one who leaves tips in cash?

Evoluzione

10,345 posts

244 months

Saturday 20th March 2021
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Oh no, not the monthly cash thread again, we did it yesterday.

Hackney

6,853 posts

209 months

Saturday 20th March 2021
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Wacky Racer said:
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?
Why? Surely the real issue here is why doesn't the local Chinese take cards?

Johnnytheboy

24,498 posts

187 months

Saturday 20th March 2021
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Evoluzione said:
Oh no, not the monthly cash thread again, we did it yesterday.
Daily then.

anonymous-user

55 months

Saturday 20th March 2021
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Wacky Racer said:
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?
Your kids are clearly living in the modern world, and do not feel the need to carry cash.

One of the few good things to come from Covid has been an accelerated move towards less cash and more cards/contactless. Many businesses who were still trying to desperately avoid taking cards have had to make the change or lose custom.

I find cash to be antiquated and inconvenient. Why carry around sheets of polymer and bits metal to pay for things? Seems crazy in 2021.

I pay for pretty much everything using my phone. I don’t even have to carry my physical debit/credit cards now, which is even more handy. Contactless payment limit using an iPhone is virtually unlimited.

Now that most car park ticket machines are finally contactless, I am free of having to carry loose change in the car just for this purpose.

Electronic payments solve numerous other ‘issues’ as well, such as paying a taxi driver the exact £8.70 on the meter instead of handing over £10 and knowing fine well they don’t want to give you change, but that is a whole different part of the debate smile

Each to their own, but for me, cashless is great.

(I’m 41 by the way)

Esceptico

7,523 posts

110 months

Saturday 20th March 2021
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I see people begging but wonder who is giving them money as I don’t carry any change (I have a couple of notes for emergency use but don’t use them). Will beggars also move to contactless donations?

NerveAgent

3,331 posts

221 months

Saturday 20th March 2021
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Very rarely get cash, everywhere takes card, even my local car wash!

The odd occasion I have to get some for a takeaway or something, I just get frustrated with the change.

Evoluzione

10,345 posts

244 months

Saturday 20th March 2021
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Johnnytheboy said:
Evoluzione said:
Oh no, not the monthly cash thread again, we did it yesterday.
Daily then.
I don't think you understand humour.
Was monthly, now daily constant. Is that better for you?