Any of you going back to cash? - We've all seen those charts showing that cash usage is dropping rapidly in Australia.
Same here - I've been using only card for everything because it's so much easier to beep a plastic card (or phone) instead of carrying papers and metals around. But card surcharges have been getting ridiculous. Some places charging 2%?!
I am very much not comfortable paying 2% of my after-tax salary to tyro or visa or whatever, so I started paying for everything in cash. I do have the occasional shop that won't take cash, but tbh it's rare. I also have a very conveniently placed ATM just outside my bike ride to work so I always make sure I have a bit on me.
It's also a reminder of the tangible form of money, and makes it easier to follow how much I actually take and spend.
Anyone else doing this? Or am I a dying breed?Ausfinance
Any of you going back to cash? - We've all seen those charts showing that cash usage is dropping rapidly in Australia.
Same here - I've been using only card for everything because it's so much easier to beep a plastic card (or phone) instead of carrying papers and metals around. But card surcharges have been getting ridiculous. Some places charging 2%?!
I am very much not comfortable paying 2% of my after-tax salary to tyro or visa or whatever, so I started paying for everything in cash. I do have the occasional shop that won't take cash, but tbh it's rare. I also have a very conveniently placed ATM just outside my bike ride to work so I always make sure I have a bit on me.
It's also a reminder of the tangible form of money, and makes it easier to follow how much I actually take and spend.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...