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Posted: Wed Mar 26, 2014 9:10 pm
by TheCatt
How much cash do you typically keep in your wallet?
Posted: Wed Mar 26, 2014 9:11 pm
by GORDON
Almost always zero. I would keep more cash in there, but it is just inconvenient getting to it.
Posted: Thu Mar 27, 2014 5:48 am
by Vince
I usually try to keep about $100. Try to get the wife to keep at least a $20 of "just in case" money, but it's hard to get her to do it.
Posted: Thu Mar 27, 2014 8:45 am
by TPRJones
GORDON wrote:I would keep more cash in there, but it is just inconvenient getting to it.
You need a better wallet.
Posted: Thu Mar 27, 2014 8:55 am
by TheCatt
I try to keep between $100 and $200. Admittedly, I rarely need it, but it's "just in case" money, and you never know how big of a just in case you are going to need.
About 2 decades ago, I was caught in a "blizzard" and ran off the road near Charlotte, trying to get from Athena, GA to Winston-Salem, NC. I called AAA, who of course was slammed, and told me it would be 6 hours or so. I then saw a tow truck in the parking lot I was in, so I ran up to him and asked if he was looking for me. "Uh, no." came the response. I told him I just needed to be pulled back on the road, not a tow, and would pay cash. He agreed for $50... and of course I only had $20 or so. Fortunately, he was also nice enough to take me to an ATM machine, so it all worked out. And, I'm sure that cash never got reported to his boss or the IRS.
Posted: Thu Mar 27, 2014 9:57 am
by TPRJones
I tend to pull $200 in cash for small incidental purchases, and then when that's gone (usually about three weeks or so) I fill 'er up again. For most purchases I use my ViSA, but if it's a small transaction or at a drive-thru or restaurant I tend to use cash for those.
Posted: Thu Mar 27, 2014 10:12 am
by Vince
Similar here TPR. I use cash at fast food joints and convenience stores. Debit for most everything else. Top off the wallet to about $100 on the weekend.
Posted: Thu Mar 27, 2014 10:31 am
by TheCatt
Yeah, I do a monthly deposit of work checks, and pull $200 at that time for incidentals. Use credit cards for all purchases above $5 though, since I get 2.222222% back.
Edited By TheCatt on 1395930705
Posted: Wed May 14, 2014 12:29 pm
by Paul