I had two reasons, the first is because i found it way too easy to spend on my card without thinking, and the second because I wanted to regain a bit of privacy alongside everything else I’m doing. Ive set it up in my bank that on payday, an amount of my salary automatically goes to the bills account, some goes to long term savings, some to short term savings, then the rest I take out in cash.
It really does change my perception of spending I think: Ive found myself not buying things because I didnt want to break a note and carry change. I can physically see how much I have left. I can take £20 to the pub and leave when its finished. Plus it feels really good knowing every single transaction isnt stored forever. I have a small amount of money on a contactless ring for emergencies like a bus fare or somewhere that unexpectedly only takes card.
Is anyone else still predominantly using cash day to day?
“Is anyone else still predominantly using cash day to day?”
Yes. Germany.
Hm. Since covid, even my local bakery started taking cards. Even most corner shops for late night beers do. Kebab is usually still impossible, but that seems like the final frontier.
Heh, Germany isn’t a good example. Its really hard to find a German bank that doesn’t charge you money to let you take cash out of your own account.
Most countries in South America use cash for most transactions.
This is one thing the UK is really good for, all bank owned ATMs and most public ones are completely free to use for any cardholder of any bank. My bank doesn’t even have physical branches but I can still use the ATM of any bank lobby for free. There are some paid ones run by private companies but the fee is usually a flat £1-2 max. I’ve been to ATMs in Europe that have tried to charge me something like 10EUR to take out 30.
A lot of the convenience of the modern UK high street baking sector is because of Girobank, the 1960s Government’s successful attempt to force modernisation on the banking industry. When I hear about the ass-backwardsness of other country’s banking arrangements (especially the US) I give a little thankyou to Girobank.
Edit: Also, yes, tourist ATMs are predatory bullshit.
How’s Ireland?
Probably vaguely similar from when I’ve visited
huh, thats not common in my experience. Most people are with Sparkasse or other mayor banks which allow for free cash withdrawals, at least in their network. You can also get cash in supermarkets o.O
Sparmasse charges a monthly fee, no?
Most probably do, but thats not specific for cash and also depends on your local Sparkasse
Only if your direct deposit amount is below a threshold, which is low enough that most full time workers meet it.
And what happens when you stop working in Germany? They just steal your money every month? Fuck that
Was, das habe ich noch nie gehört? Ich habe bei der Sparkasse, Commerzbank und Santander ein Girokonto, keine davon verlangt Gebühren fürs Geld abheben bei Automaten der eigenen Bank. Bei der Commerzbank und Santander kann ich sogar 3 mal im Monat kostenlos bei Automaten einer fremden Bank abheben.
Außerdem kannst du kostenlos Geld abheben, wenn du im Supermarkt per Gieokarte (aber nicht Kreditkarte) zahlst
Man, Japan and Singapore too.
Lots of heavy cash flow dense countries seem to still be a fan of the paper, honestly.
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When were you last there, and what areas?
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Huh. I’ve been to all of those but Yokosuka, some as recently as a few months ago but also pre 2023, and I’ve found that almost everything I go to took card. I wonder if we somehow happen to only go to places that do/don’t take card and thus have totally different experiences with cash only.
And yeah the toilets are great. Toto sells them in the US if you’re based here. A little expensive, but if you’re gonna live at your current place for a long time, it’s probably worth it.
The bar sounds awesome, sheesh. That’s the cheapest tab of that size I’ve ever heard of. I buy most of my things while I’m there due to pricing, and even then I’m shocked at how damn cheap that is haha
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I’m starting to use more cash for daily spendings. The rise of surveillance pricing is terrible, better to hide qt least some of information from my bank.
I’m finding supermarkets locking their regular prices behind an app or loyalty card is getting out of control. Out of all the major supermarkets, ONLY Aldi has nothing of the sort currently.
Tesco and Sainsbury’s will often have a £3 item that costs £6 without their loyalty card. Of course it’s £3 in every other shop: it’s not a special offer for members, it’s a punishment price for those who don’t give away their data.
A nice way to understand how much your data costs
Wow, I’ve never seen pricing that bad without a loyalty card in the US. Not saying it doesn’t happen, quite often it’s a 20-30% discount for the loyalty card, and occasionally more if you use the app (which I refuse, since I use Jenny’s number for the loyalty card).
You’re right to call it a punishment. Wonder if we can aggregate the loyalty app program somehow, like host the app in an Android VM on a VPS that anyone can then access, so the data they get is muddied.
Safeway. That’s only one of the several good reasons why I don’t shop there.
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I usually ask other people in line for their loyalty cards. Or, in case there are none (which is rare) - I have found usable photos of random cards’ barcodes. It was mostly from the respective loyalty programs’ reviews, but I believe I saw a group that specifically shared theirs to get extra points.
But say you only use that card for that store, where’s the privacy invasion? It wouldn’t be much right? Trying to find a downside of a store card.
two words: data aggregation.
They know it’s you. They can match it everywhere else.
Tesco now even has stores in the UK where you scan your loyalty card on the way in, pick up items off shelves, and walk out and it charges you accurately. The amount of cameras and sensors on the ceiling was uncanny. So not only do they have your purchasing profile but they now know what you look like, your gait, and any other identifying information they use to make that work
(OK it might be just lads in the Philippines following you on CCTV like Amazon did but still)
Cause I’m looking at signing up for an REI credit card and haven’t found much downside researching it online. I do find it sus that all the employees are pushing it though. Asking if we are members and have the credit card and stuff.
Because then REI gets to be the one selling your purchase history and credit report.
Hmm I don’t think I would like that.
Not only that. Companies are now charging people extra for using cards, passing on their processing fees to consumers.
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Apparently there has been an uptick in people using cash in the UK because it helps with budgeting. Which has become more necessary since 60% of inflation started coming from corporate profiteering and four people became able to outcompete twenty million others in the market.
I’d love to but since tons of credit cards charge fees to the store, shops increase their prices on menus and items to account for this. On top of the fact that I receive points for purchasing, I’d be losing money if I were to be using cash alone.
since tons of credit cards charge fees to the store, shops increase their prices on menus and items to account for this.
why does this stop you from cash? you’re still charged the same
That’s their point, they don’t get a corresponding discount for using cash.
Like Orange said, I’m not getting a discount by using cash. Prices are higher because of credit cards so I might as well use them to get 2 - 5% cashback/discount. Doesn’t sound like much but it leads to hundreds of dollars in a single year for me.
oh i see, i was tired haha. i’ve never used those card benefits much myself
I’m huge in the credit card game with all sorts of cards but it is a privacy I am willing to sacrifice.
You usually are tho. Around here it 3%
Only very few shops in my areas and mostly just local resturants. So yeah, it makes sense to use cash then but it isn’t the norm around here.
maybe even less if he doesn’t buy stuff for same reasons as OP
Depending on the business, some actually charge less if you are upfront on paying cash
I’ve only seen small/local businesses, sometimes big gas chains, give a cash discount so naturally it makes sense to use cash when I can but it is very few shops still.
Yup, but those are exactly the places to use cash and it’s amazing what even some of your meals being in cash and it influencing your budget does to your purchase habits.
I agree fully with using a cash back credit card for the big places and purchases and cash when around town locally.
Kinda feels like I’m doing what my grandparents did but hey it kinda works
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I would consider paying with cash again IF $100 bills weren’t so much trouble.
It’s hard to get a $100 bill. ATMs just don’t spit them out. Many places refuse to take them. It’s just hard to carry over $100 in cash without quickly having your wallet explode in size.
Back in the day $100 was like caring $1,000 now. You could get a lot done with $20 bills… You can burn through the majority of $100 just going to dinner and I also have no desire to manage all that cash at my house or hit up an ATM every other day.
Interesting, we have £50 notes in the UK but they essentially don’t exist for most people. No cash machines will give you one, and shopkeepers mistrust them, although generally accept. 20s are the highest people deal with here usually.
We also have 50s, they have the same problem as 100s.
There are definitely places that will take the 50s and 100s but the number of times you can get burned by it is too high for my liking. I once was on vacation and a state park (I think it was) wouldn’t take anything bigger than 20s for their admission fee.
I think I only had 50s so I think I ended up having a stranger help me out.
50€ notes are really common in Germany (and probably the rest of the euro zone), mistrust only starts at 100€ and above, most shops don’t accept 500€ anymore and 200€ also became quite rare
Yeah I do agree that American cash doesn’t stretch as far. I’m definitely having to hit the ATM or cash back option way more than before for how much things cost. 50s are good for restaurants and the like but 100s are so weirdly distrusted and a pain. But I rarely get back 5s and 10s cause seriously inflation is just so good damn high.
I keep thinking I’m gonna pull out a bunch of cash to have but then… Yeah I am not one to stuff it under my mattress and it being available electronically is so useful… Sigh…
Trying. It’s all we can do until things change for real.
All day, everyday! Freedom over convenience!
Some credit cards offer 2% cash back… (Not points) So it’s hard to give that up when you get 2% off for just about every dollar you spend. Why wouldn’t you put every dollar on card you would normally spend.
This doesn’t work well if you are paying interest…
If you’re fiscally savvy and don’t overspend and can pay your balance in full every month and are not paying interest, this is a strong vote for choosing over cash.
However, without that…I see no benefit and would use more cash for all reasons in this thread.
This is sort of a scam though. Credit cards give rewards, but then charge the business for the processing fees. So the business needs to raise prices to cover the fees. So really no one is getting that 2% except for the card network. And if you don’t use a card you lose 2%.
It is basically a protection racket. “It would be a shame if you didn’t use our credit card and had to pay 2% more everywhere”
Yes, I know it is complicated. Handling cash also costs non-trivial amounts. I know that the EU has limits on fees (and that is why basically no credit cards have rewards there). I also know that some businesses see the fee as more of a marketing costs because higher spenders tend to use cards and people tend to spend more on cards.
Out in NYC, the bodegas all have a little plaquard saying that either 1: listed prices include a 2% credit card fee and you can save by using cash, or 2: listed prices may not match your final charge because they add a 2% fee on top for credit cards.
Which is the same thing effectively but it can be sometimes confusing if you’re trying to watch for the fee.
Anecdotally, I have sometimes noticed the cashier will say a price, and then say a slightly different price when I pull out the card. So it’s not like they always apply the fee regardless. At least some of the time anyway.
Not universal of course. I don’t remember if that’s also true for grocery stores, and it’s probably not the case for big chains but honestly I don’t know.
You’re also paying in the data they sell on you
Indeed. Its very uncommon to get flat cashback options in the UK for this reason. I think I had AmEx that gave me 1% for a year and nothing after that.
Well that’s the way it should be. If they’re selling your data, they should compensate you for that in some way. Then it becomes a personal decision as to how much it matters to you.
As an aside, this is why I recently degoogled, having been all in on Google products for 10 years. 10 years ago you got amazing value for your data from Google but now every single useful product has been enshittified or shut down and they collect more data than ever. The sums just don’t add up any more.
This is all perfect when you live in a responsible country where people pay their taxes. Instead, when you live in a place where paying your taxes is seen as something stupid, the less cash, the less space for tax evaders.
I loved it when COVID came and the government started giving all these businesses owners (bars, hairdressers, etc) a subside based on the profits they declared the year before COVID and they all went mad because they were getting 600€/month (which, ironically is the amount they declared to have earned monthly the year before COVID).
Plenty of cash only businesses in the UK that engage in this, although of course just because a business is cash only, doesn’t mean they’re a tax dodge.
IMO the two things are separate: it should be the tax office that does audits to catch this. It’s not very hard to see a vape shop that makes £500 a month with two top model BMWs outside might be dodgy.
I agree. But I’m not sure it’s possible to have enough tax auditors to combat something that is so prevalent in my country.
Thank God, taxation is theft. If your country must have tax auditors, let them have exactly one tax auditor for the entire country.
Least edgy libertarian. Hope you don’t like driving on roads or using the internet fibres
You do understand that most tax evasion happens a ultra wealthy and mega corps level, not peasants buying food and beer for cash?
And this tax evasion happens with in our banking system, money too big for cash.
I do. But so what? Since they are small businesses we should let them evade taxes? Tax evasion is a problem, and I agree we should go against all those billionaires, but that doesn’t mean we should ignore the smaller evaders.
Tax authorities need to enforce laws on the books as is, going after cash usage is not enforcing tax laws.
Going after cash in anyway is not the way… you are literally fucking over peasants as social level to gain marginal revenue that likely won’t even come.
Taxation is theft.
Been thinking of trying this. Thing is nobody uses cash anymore around here (Nordics). In supermarkets I know for sure I can use cash, but restaurants, bars or small business it’s going to be hit and miss. I guess I’d have to endure the awkwardness of asking in every single place if they take cash or not
Businesses aren’t legally required to accept cash?
No, same in the UK. How could you force them to take cash if they don’t want to?
What if you only had cash?
Then you can’t buy anything
It’s a private contract between the business and the customer, you are supposed to ensure you have means to pay beforehand.
In the US cash is considered “legal tender for all debts” by law currently.
That’s changing though as some places won’t accept cash even still.
It’s the same in the UK but “legal tender” doesn’t mean what most people think it means.
When you buy something from a shop you’re technically offering to enter a contractual relationship for the purchase of said goods. If the shop agrees to your terms, including how you’d like to pay, then the contract is ratified. If they don’t accept your preferred method of payment then there is no contract of sale and there is no debt to be paid.
This is also why shops don’t have to honour pricing errors; when you bring the item to the checkout you’re technically just offering to buy it for the listed price and they can choose to reject your offer.
I encourage cash spending at a small business I operate. Average sale is around $150, 10% discount for using cash. About 25% of people pay cash.
It’s very thinly veiled tax avoidance, but zero people have complained or called us out in it.
well nobody complains about having to pay less, and calling it out means they might lose the discount in the future and who would want that?
I visited the UK back in 2022 and I was pretty baffled at how you can universally “tap to pay”. We visited a pub on the coast of Dorset where they wouldn’t even accept cash as a mean of payment. All in all it was nice, because it meant not having to deal with a foreign currency at all, we spent 10 days just using electronic payment, so as a tourist I think it was a good experience.
In Germany, where I live, you’re basically getting nowhere without cash, it’s still very difficult to eat out or buy small food items like bread or a sandwich. There’s also a culture of paying cash for many things, including pricier items like a second hand car! Shop cashiers usually don’t even blink if you try to pay with a 100€ bill (except if you’re coming super early and they don’t have change available yet). It’s not unusual for me to end up drawing a quarter to half my monthly salary in cash.
I first disliked it when I moved from France, but now I think it’s actually good for the society. You always have some change to tip a waiter or give to a beggar, a coin for the cart at the supermarket, get something from a vending machine… Also I live in a very quiet area so getting mugged is very unlikely, making it not so scary to carry cash around.
I find it interesting that Germany is so far behind when it comes to IT and modernization. It’s like you’re stuck in 1990, even though you’re surrounded by countries that have used chip payment cards since the early 2000s and contactless payments since the early to mid 2010s. Nobody here in Denmark has touched a fax machine in the last 15-20 years, and apparently Germans still fax things sometimes to this day??
hey don’t belittle technological advancements in germany, people here at are the forefront of innovation: https://simple-fax.de/fax-ki
:'D
Yes, even the buses and vending machines and car park meters and public toilets have tap to pay. It is certainly very convenient but I think it does encourage spending more, and of course it means literally everything you do is tracked. Luckily I’ve found that most places still do accept cash but there are definitely a few who don’t.
Breaking into those machines and robbing cashless shops also doesn’t have the incentive of immediate cash reward.
Canada has universal tap to pay also, but what surprised me about the UK—at least in the London area—was how quick it was? The payment processing was near-instantaneous. In Canada, I think the machines make a phone call behind the scenes to a bank or something? There’s a significant delay before it goes through.
They use mobile data over here so it can be very slow in spotty areas, but most populated areas in the UK have full 4G/5G.
Ah that makes sense.
I think another thing that might be uniquely Canadian is when you’re paying at a drivethru and you see the machine emerge from the pickup window taped to the end of a hockey stick. That was a big thing during the pandemic for social distancing. I guess more recently, they’ve been moving to less improvised solutions, which is a shame. I really liked the hockey stick!
I agree, cash is fun in Germany. I think it really helps that the 1 and 2 euro coins are available and used in circulation. It was so nice going into the Späti and buying a beer with a single coin.
Change feels unnecessary in the States since the highest denomination that’s widely circulated is the quarter dollar. There are dollar coins, but they are hardly ever used.
Haha don’t get me started with US coins, I also have a fun story there: we arrived fresh off JFK Airport in NYC and headed to our rental apartment in Bedford-Stuyvesant Brooklyn. It was pretty far from the a subway station so we got a connecting bus to get us closer.
The next day, we thought of taking the same bus line to head to Manhattan, except our party of four ended up being expected to pay 4x $2.75 in a machine inside the bus… in coins. That’s 44 quarters. Yup, don’t have that on day 2 of my stay. So we walked 6 blocks.
€1-2 for a beer? Germany truly is more advanced than the US
Some are only 30 cents! At least they were…
I live in Germany too without using cash for a few years now and it’s no problem at all.
The cash I have on hand comes exclusively from playing pub gigs in a band. That is still very much a cash-driven economy where I am. When I accumulate enough, I usually wind up spending it on music gear, so I don’t think this hobby of mine is major wealth-builder. But while many businesses are moving away from cash, it seems music stores are used to people like me and still allow fairly hefty cash transactions.
The other day I was settling my tab at the pub and the guy hands me a machine. I say, I’ll pay by cash thanks. He says really?!? Dude, you literally just handed me cash for the gig tonight. Oh yeah…
I actually started with it this week. It is partially due to privacy but also because I lost a sense for value. It is really easy to press a button online and pay say 20 euro. Not that I am irresponsible with money but the numbers on your bank account feel so meaningless.
I’m nor a cash-only convert, but I have some anecdotal evidence for you.
I’ve visited Boston five times in the past thirty years. Every single time I used my debit card at Thanuel Hall for food, my card was later used for fraud. Always caught and never a big inconvenience beyond replacing my card, but still not ideal. I only ever use cash there now.
Online shopping, before the Amazon monopoly on e-commerce, my card would get compromised every few months.
Now I use privacy.com for all transactions that allow it, and its amazing how often those cards are stolen. Thanks to the way the service works, the stolen cards are useless to scammers or thieves, but my declined transaction filter has a few charges declined each month.
My point being that if you want to avoid fraud, and you can do it, cash is king.
Yeah I always use throwaway cards from my bank online, game changer. Even if just free trials so they can’t charge me if I accidentally don’t cancel
I use Monero primarily
The problem is, that none of the grocery stores or street markets or supermarkets in my area accept Monero 🤷
While it is most definitely true that they do not accept it directly, they very likely do accept it with gift cards, which you can purchase with Monero. That is how I have been buying my groceries for the past year and a half.
When I lived in Europe and North America, this is also how I bought most my groceries.
Except I used bitcoin because the monero gift card vendors are terribly insecure.
Please elaborate on your claim of them being terribly insecure. It’s not something I’ve noticed, but I could be missing something.
They send the card details over email. If you know of one that doesn’t, please let me know
What do other merchants do? Because when I was still using Bitcoin back in like 2015, that’s what Bitcoin gift card merchants did as well. So what’s different these days?
They show it to you on their website.
Even if they were, that would likely require you to carry a smartphone everywhere, which is not very privacy-friendly either.
I’m interested in this, I did buy a small amount but struggling to spend it anywhere? Even when I bought a Trezor hardware wallet I had to use LTC… I know I can pay for Mullvad with it when my subscription expires in two years lol
I also can’t find any no-KYC place to buy it now LocalMonero is closed.
Xmrbazaar.com is a place to request a product/service or sell a product/service for monero. Here is my store for example. https://xmrbazaar.com/user/shortwavesurfer2009/ and https://haveno-reto.com is where to buy/sell since LM is gone. Please note you need at least 0.11xmr to use it though as a security deposit you get back after a successful trade
The main question is - where would you get that deposit first…
https://xmrbazaar.com and offer to drop ship something. Here is my store for example and how I earn Monero. https://xmrbazaar.com/user/shortwavesurfer2009
That sounds like “getting money out of thin air”, have my doubts that money is guaranteed… Also wouldn’t dropshipping require some setup?
Actually, I don’t think drop shipping is the term I am looking for. What I do is simply take an order from somebody and then immediately go to eBay and ship the item to them. The main difference is that I’m doing it in another currency and I want to get rid of the dollars and get that other currency and not come back.
Ah. Especially if the exact item can be requested by the buyer - then ye, fair plan)
Use haveno
