The Cashless Society has arrived

[spacesailor]

Try buying fuel , when those phones are out, l got caught out some years ago, & didn,t quite have enough to clear that bill.

But the cops agreed l should be let off  as l had most of the cash, and the servo hadn,t put a sign out.

SO

Keep a $100 ,just in case.

spacesailor

 

[red750]

Who's got a $100?

[nomadpete]

Yeah, me too. I've been pretty much cashless ever since my divorce

[kgwilson]

I pay for everything by credit card unless there is a fee attached. Even something costing $1.50 from Bunnings. Aldi is the only place I go where there is a transaction charge for credit cards or tap & go transactions on a debit card & it is only 0.8%. If I insert the card & enter my pin number there is no charge. The banks are imposing a charge for their tap & go system even though it is simpler and takes less time.

 

My credit card is free so has no points or rewards (you pay a fee for these cards) & I pay it off every month without fail. Reconciling our spending is as easy as pie. Also I don't need a wallet any more. I just take my phone & use google pay. It has all the loyalty cards built in, my drivers licence, pilot certificate & aircraft rego, vaccination status, bank details, health data etc and there are probably other things I could have in it that I haven't even checked on. I got $100.00 out of a cash machine about a year ago & still have most of it.

 

When my wife goes shopping I can tell where she is in the shopping centre as the transactions are instantly on the system. 

 

The one time I was at a retailer & the system was down, they pulled out a zip/zap machine and I could still pay by card. The other option even if you only have your phone is to provide the credit card number and sign the amount and number as well as providing the CVC & expiry date. Then check the transaction as soon as you can. I check my balances every couple of days.

 

Cash is pretty much dead from my point of view.

[octave]

Exactly what we do KG.   The only exception is the I pay $50 per year for my credit card but get quite a few reward points.  We usually get a $50 Bunnings  card about 3 or 4 times a year on the rewards system.    Every Friday we do something we call the "reconciliation"  (usually said in an ominous voice.)     We can see exactly what we have spent and where we spent it. We then pay off that weeks outgoings from our credit card and so do not get hit with interest,  We keep a spreadsheet so can instantly tell how much we spent last year or week or month on petrol or food or wine etc.       I have recently started using my phone for payments and other purposes. I haven't carried a wallet for used cash for a few years now.  

 

[spacesailor]

 

 

Keep a $100 ,just in case. Was the norm , but now that $100 is only half a tank of fuel ( last topup $ 126 ).

The only thing l use my Galaxy 5 , other than a phone is it,s camera, still nowhere as good as a dedicated camera.

spacesailor

 

[Old Koreelah]

Wallet? Wotz that?

 

Each December I spend $25 on a special Nurse’s diary and convert it for my needs:

- Rip out all the unwanted pages 

-Sew and glue in a few plastic pockets for credit cards (metalised to guard against scammers)

-Cover it with pix of my grandies, etc

It has a large pocket for cash, etc. which is almost never used.

 

It sits in my shirt pocket. All up-coming events are pencilled in (and easily modified).

All past events of importance are entered in biro (there’s that ancient word again!)

 

[onetrack]

I always keep cash on hand for those purchases where cash generates a discount. There's not too many times when waving notes around doesn't get you a better deal.

I dislike a lot of online purchases where there's no ability to offer cash to get a better deal - but there is one other advantage with online purchases of new items - you can generally do a search, and find it cheaper.

This system rarely fails - even when the seller is telling you the item is "on sale", or is a "clearance" item.