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RE: Credit card only

in LeoFinance3 years ago

I offered cash at a jewelry store once and they refused. I thought they'd certainly want to save ~3% of an expensive bill. But when I asked why, the answer made some sense. Basically, the owner did not want to deal with the security headache of handling a lot of cash, specifically transporting it to the bank. So that was worth the 3% or so haircut they end up paying to the credit card companies.

Cash is important though. Fungible, anonymous currency is important to keep. The best way to keep it is to do exactly what you did in this situation. You don't take the "real" version of money, I'll go somewhere else. In my case with that jewelry store, I could have refused to buy at that point, but there unfortunately wasn't an alternative.

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I totally understand in situations like this as moving money, large sums, can be problematic...It also needs counting and check-counting and staff tend to have sticky fingers sometimes...Loads of reasons why. I get that...But a $20 note at the lunch shop? Not legit. Me leaving will be the last time they see me...I hope they liked my baguette and iced coffee combination, or gave it to someone needy.

I have cash at home, The stack pictured as it turns out and so on...It's important to have some and whilst eventually it'll have little value right now it does. I stack it away for things...Like the BF Goodrich all-terrains my Landcruiser will be booted with next year...It's good to pay for stuff like that I think as some places are smart and offer discounts for the green folding stuff. (Although not all our money is indeed green...Just the hunjies!

Thanks for your comment, sharing your story...Umm...Engagement ring? 🙂

Umm...Engagement ring? 🙂

🤣🤪