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No more cash

September 26th, 2009 at 04:03 am

I was working in the shop this afternoon. It's interesting that most people chose to make even small purchases with thier debit card. I guess they just don't carry cash any more. I only made $47 in cash sales, all the rest was electronic transfer of funds. Wonder if they'll do away with cash one day. Hooray - no more balancing the cash register at the end of the day.

Posted in Thinking about Money | 6 Comments »

6 Responses to “No more cash”

  1. boomeyers Says:
    September 26th, 2009 at 05:03 am 1253941439
    1253941439

    Yep, and we'll all have microchips, so cash and credit cards can't be stolen. Hmmmm....

  2. kimiko Says:
    September 26th, 2009 at 06:14 am 1253945672
    1253945672

    It's not exactly good for the business if all small transactions are put on the card, since the merchant fee can be prohibitively high.

  3. lizajane Says:
    September 26th, 2009 at 01:46 pm 1253972783
    1253972783

    I used my debit card for $2.12 the other day. I think one time I even used it for a 60+ cent purchase! I hate doing that, but it seems like I never have cash with me.

  4. HouseHopeful Says:
    September 26th, 2009 at 02:34 pm 1253975677
    1253975677

    I don't use cash very much either, even for small purchases. I keep track of my spending easier that way.

  5. dmontngrey Says:
    September 26th, 2009 at 05:12 pm 1253985147
    1253985147

    I carry very little cash and DH is hardly allowed to have it. It's just much easier to track where the money goes when I actually know WHERE it goes. Cash is hopeless with him.

  6. LuxLiving Says:
    September 26th, 2009 at 08:37 pm 1253997438
    1253997438

    I am bad about frittering away cash. I try to keep very little of it on me. I use the debit cards attached to our accounts for the most part. Only our allowances are our cash withdrawals each month. All else goes on debit card unless we can earn a reward for putting it on the CC.

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