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#296551 - 07/05/20 02:59 AM Re: Cash is king [Re: AKSAR]
Acropolis50 Offline
Stranger

Registered: 11/20/19
Posts: 8
Only until the power goes out,the plastic computer gets hacked, or someone wants some unreportable income.

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#296554 - 07/05/20 06:30 AM Re: Cash is king [Re: Acropolis50]
AKSAR Offline
Old Hand

Registered: 08/31/11
Posts: 1186
Loc: Alaska
Originally Posted By: Acropolis50
Only until the power goes out,the plastic computer gets hacked, or someone wants some unreportable income.

Yes, those are all potential problems, which may or may not effect me at some point in the future. Which is why I do keep a stash of cash.

However, I need to live in the here and now. And in the present here and now COVID19 reality, plastic is much more useful than cash.
_________________________
"Toto, I've a feeling we're not in Kansas any more."
-Dorothy, in The Wizard of Oz

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#296557 - 07/05/20 02:34 PM Re: Cash is king [Re: TeacherRO]
hikermor Offline
Geezer in Chief
Geezer

Registered: 08/26/06
Posts: 7308
Loc: southern Cal
In the final analysis, cash is better than no cash.
_________________________
Geezer in Chief

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#296559 - 07/05/20 04:46 PM Re: Cash is king [Re: hikermor]
AKSAR Offline
Old Hand

Registered: 08/31/11
Posts: 1186
Loc: Alaska
In the final final analysis, plastic and cash, is better than cash alone, which is better than no cash.


Edited by AKSAR (07/05/20 04:47 PM)
_________________________
"Toto, I've a feeling we're not in Kansas any more."
-Dorothy, in The Wizard of Oz

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#296610 - 07/15/20 04:25 PM Re: Cash is king [Re: AKSAR]
pforeman Offline
Member

Registered: 04/23/08
Posts: 183
Loc: Iowa
Having cash and plastic is the way to go for my two cents!

I did see an interesting take on the cash idea - if you have a "substantial" (a thousand, two grand?) stash of cash it is a good idea to also have some change too.

Example - with a stash of two thousand dollars, half can be in 100 dollar bills for bigger costs, seven or eight hundred in twenties and the rest in fives, tens and even some ones. This gives you, the buyer, the chance to pay only 30 for an item instead of having to 'round up' if you only have 20s on hand. The flexibility can help you use the cash resource better.

Another point was to also have several rolls of quarters - vending may still work and they can be used there and a couple of rolls in a sock will also make a great self defense tool if needed. The quarters are innocent outside of the sock but a great improvised sap if needed.

Paul -

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#296683 - 07/27/20 10:45 PM Re: Cash is king [Re: TeacherRO]
Acropolis50 Offline
Stranger

Registered: 11/20/19
Posts: 8
Saying that cash is king never meant donít carry plastic. I try to keep two sets of ID, plastic, cash and medical documents with me whenever possible ,in two different locations. Likewise, I always carry two credit cards, issued by different banks or companies, just in case one computer crashes or a card gets hacked.. Card hacking is an increasing problem in my neck of the woods.

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