Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-15-2019, 07:42 AM   #181
Recycles dryer sheets
 
Join Date: Jan 2014
Location: Voorheesville, NY
Posts: 185
I carry fives for tips and cover charges at bars to see live music.
jpeter1093 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-15-2019, 06:38 PM   #182
Thinks s/he gets paid by the post
 
Join Date: Jul 2007
Location: St. Louis
Posts: 1,563
I carry around $50- $100 I remember a few weeks ago at lunch the computers were down I ate some did not.
FANOFJESUS is offline   Reply With Quote
Old 10-16-2019, 08:10 PM   #183
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: the prairies
Posts: 4,620
Quote:
Originally Posted by Chuckanut View Post
Note the recent events in California with the lack of power.... stores could only do cash transactions. Keeping a stash of cash in the wallet or home can be useful during an emergency.
Even though I use my credit card all the time (for the points) I keep several hundred in my house, $50 in my car, and another $50 or so in my golf bag. Plus $100 - $200 in my pocket.

Why limit my options for no good reason?
Music Lover is offline   Reply With Quote
Old 10-16-2019, 08:27 PM   #184
Recycles dryer sheets
 
Join Date: Feb 2017
Location: Kula
Posts: 158
Quote:
Originally Posted by Music Lover View Post
Even though I use my credit card all the time (for the points) I keep several hundred in my house, $50 in my car, and another $50 or so in my golf bag. Plus $100 - $200 in my pocket.

Why limit my options for no good reason?
Good point. For some of us it is because no matter how much we carry, we spend it in the same amount of time.
morriss003 is offline   Reply With Quote
Old 10-16-2019, 08:43 PM   #185
Recycles dryer sheets
 
Join Date: Feb 2019
Posts: 131
I went to the bank and got something like $200 in small bills.
10 - $10
10 - $5
50 - $1

We try to keep small bills in our wallets for tips.

Shuttle guy at the airport -- $1/bag; delivery guys bringing new couch inside -- $10 each; guys loading up our truck at hardware stores -- $5 each (they always seem surprised, but pleased).

It's handy to have cash to tip hairdresser; lemonade stand kids; hotel housekeeping; etc.

I don't have to replenish the small bills very often -- once or twice/year.

We usually pay cash when we eat at local mom/pop restaurants. But that usually takes a twenty ... or three.
Squirrel is offline   Reply With Quote
Old 10-16-2019, 10:08 PM   #186
Recycles dryer sheets
GreenEggs's Avatar
 
Join Date: Jul 2019
Posts: 262
I like having cash around. I usually get $3000 from the bank, and keep $500-$1000 in my wallet most of the time.

I've started using my CC more often lately, but still like having money in my pocket.
GreenEggs is offline   Reply With Quote
Old 10-17-2019, 05:15 AM   #187
Full time employment: Posting here.
BeachOrCity's Avatar
 
Join Date: Jun 2016
Posts: 883
Back in the day when the neighborhood I lived in was unsafe I always kept $100-$200 in my wallet.

It was money I planned to quickly give to any mugger in lieu of taking my whole wallet and then hurting me.

Surprised I never had to use it !
BeachOrCity is offline   Reply With Quote
Old 10-17-2019, 06:07 AM   #188
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jan 2018
Location: Tampa
Posts: 10,395
Quote:
Originally Posted by GreenEggs View Post
I like having cash around. I usually get $3000 from the bank, and keep $500-$1000 in my wallet most of the time.

I've started using my CC more often lately, but still like having money in my pocket.
I use to do the above, but now no more than $100 at any time, due to using CC anytime I can for the rewards.
__________________
TGIM
Dtail is offline   Reply With Quote
Old 10-17-2019, 06:21 AM   #189
gone traveling
 
Join Date: Jan 2019
Location: NW Ohio
Posts: 1,156
There is generally $1000-$2000 at home for emergencies, and $50-$100 in my wallet. I hardly spend cash on anything, so the bills in my wallet have been there for awhile.

We tend to pull out our debit card for day-day expenses.
ckelly78z is offline   Reply With Quote
Old 10-17-2019, 08:16 AM   #190
Recycles dryer sheets
 
Join Date: Jan 2014
Posts: 391
Why do you keep so much money in your wallet? Are you traveling or something?
Quote:
Originally Posted by GreenEggs View Post
I like having cash around. I usually get $3000 from the bank, and keep $500-$1000 in my wallet most of the time.

I've started using my CC more often lately, but still like having money in my pocket.
PERSonalTime is offline   Reply With Quote
Old 10-23-2019, 03:10 PM   #191
Recycles dryer sheets
 
Join Date: Feb 2018
Posts: 161
Yesterday I had to pick up a RX & carried no cash, as always. It was $0.23. Charged. Just a smidge embarrassing, though. ��
RVplusDog is offline   Reply With Quote
Old 10-23-2019, 04:03 PM   #192
Moderator
Jerry1's Avatar
 
Join Date: Nov 2014
Posts: 7,965
Quote:
Originally Posted by GreenEggs View Post
I like having cash around. I usually get $3000 from the bank, and keep $500-$1000 in my wallet most of the time.

I've started using my CC more often lately, but still like having money in my pocket.
Quote:
Originally Posted by PERSonalTime View Post
Why do you keep so much money in your wallet? Are you traveling or something?
Because he likes it.

When I worked, I commiserated with a friend as we both became financially independent about how one could have a million dollars in the investment account, but put a few hundred dollar bills in my hand and I feel rich. Not sure why, but I like having cash in my wallet. Hundred dollar bills, the casino denomination.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
Jerry1 is online now   Reply With Quote
Old 10-23-2019, 04:08 PM   #193
Moderator
braumeister's Avatar
 
Join Date: Feb 2010
Location: Flyover country
Posts: 23,410
You can have fun with cash.

I usually have a few $2 bills in my wallet and $1 coins in my pocket.
Some of the double takes I see, especially with young people, are priceless.
__________________
I thought growing old would take longer.
braumeister is offline   Reply With Quote
Old 10-23-2019, 07:28 PM   #194
Dryer sheet aficionado
 
Join Date: Jan 2018
Location: Front Range
Posts: 27
$60. Rarely need or use cash.
fvfire is offline   Reply With Quote
Old 10-23-2019, 07:38 PM   #195
Moderator
Jerry1's Avatar
 
Join Date: Nov 2014
Posts: 7,965
Quote:
Originally Posted by braumeister View Post
You can have fun with cash.

I usually have a few $2 bills in my wallet and $1 coins in my pocket.
Some of the double takes I see, especially with young people, are priceless.
Where I golf, the owner has fun with cash. He gives $2 bill for change and also 50 cent pieces. My grandson (8 yrs old) saw one of the $2 bills and in a very excited tone asked "Is that real?".
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
Jerry1 is online now   Reply With Quote
Old 10-23-2019, 08:05 PM   #196
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2009
Posts: 6,509
Quote:
Originally Posted by braumeister View Post
You can have fun with cash.

I usually have a few $2 bills in my wallet and $1 coins in my pocket.
Some of the double takes I see, especially with young people, are priceless.
I used an old Susie dollar coin at a supermarket a few years ago, and the cashier (an older woman) got fooled by it, thinking it was a quarter. I was a little surprised because she was surely old enough to have known about them back in the late 1970s and early 1980s when they were produced.

Have you ever tried to spend any Eisenhower dollar coins, or just the Susies or the more recent Goldies? Back in my recent working days, some vending machines would dispense them as change but oddly enough wouldn't accept them! Pretty unfair if you ask me.

I have a few $2 bills but haven't desired to spend them.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sidebar to how many months of expenses do you carry in cash Perryinva FIRE and Money 21 09-20-2017 11:06 AM
How much liability insurance do you carry? Gazingus FIRE and Money 79 01-20-2015 01:30 PM
When is a carry-on not a carry-on? Rich_by_the_Bay Travel Information 56 12-18-2009 07:19 PM
How much do you tip for carry-out or a buffet? CompoundInterestFan Other topics 22 05-16-2007 08:36 PM
How much life insurance do you carry? laurence Young Dreamers 66 07-27-2006 01:47 PM

» Quick Links

 
All times are GMT -6. The time now is 09:34 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.