Do most of you carry around/use cash?

[Python49]

I haven't carried around cash for about a year now. Ever since I got a debit card it just seems 100x more convenient to use a debit card everywhere I go. Pretty much swipe it like a credit card except its coming right out of your checking account so its the same as using cash except you swipe a card. I go places with friends and they all use cash and it just looks inconvenient to me now. Carrying around change, having to count bills, having to constantly withdraw from bank, etc. Buying something on the internet? Debit card. Mcdonalds? debit card. Grocery store? Debit card. Seems more convenient to me. *Shrug* Just was wondering what all you players who have all this money do.

[The Bride]

Credit card - with cashback it works out as a 2% discount on everything.

[Banks2334]

Yes, handing a bill and getting change is soooo inconvenient. Just discovered the debit card? What are you 16, 17?

[Python49]

19, but thanks.

[mtgordon]

What card do you have that gives you 2%? I have the one that is 5% for groceries and gas but it's just 1% for everything else.

[TheWorstPlayer]

cash is a lot more convenient than cards and debit cards are retarded compared to credit cards. cash is especially convenient in places like restaurants where you have to either split the bill or want to just leave some cash and take off. i eat in restaurants 2-3 times per day. i usually carry 300-500 in cash.

[turnipmonster]

I use a debit card at the grocery store and cash everywhere else.

[A_C_Slater]

Hookers don't take debit cards.

[MattSuspect]

Cash money homey.

[The Bride]

[ QUOTE ]
What card do you have that gives you 2%? I have the one that is 5% for groceries and gas but it's just 1% for everything else.

[/ QUOTE ]

Bank of America Power Rewards. You get 1 pont per dollar spent, and the $1000 rebate is 50000 points.

[rageotones]

use credit/debit but like to have a lot of cash sitting around in case a game comes up. can only get $300 out in a day via atm/debit, and it's annoying going to the bank to withdraw.

[Evan]

[ QUOTE ]
can only get $300 out in a day via atm

[/ QUOTE ]
You need to find a new bank.

[george w]

i like taking cash to bars because i've forgotten my card several times but other than that debit cards are pretty convenient. also, there are certain merchants that for whatever reason only except cash.

[Python49]

I never have a need for cash unless i'm playing live with friends in which case someone just lets me borrow a $20 usually. The comparison doesnt even seem close to me given my spending habits. Hookers are a special occasion /images/graemlins/smile.gif

[kidcolin]

I only got a debit and credit card a year ago (23 yrs old). I don't like to use 'em much. I use the credit card for plane tickets and gas, usually. I use the debit when I don't have cash and usually at the grocery store and restaraunts.

Credit cards drive up costs, because businesses pay to use them. I hate that.

But my #1 beef is all the purchase tracking that is done. I don't like Johnny Business Suit knowing everything I and everyone else buys. Just freaks me out.

[millerlolife]

real poker players dont use "debit cards"

[A_C_Slater]

Strippers don't take debit cards either. Neither do loan sharks, hitmen, kidnappers, dirty cops, drug dealers, or Senators.

WTF kind of world do you live in?

Are you from Mayberry or some sh*t?

[bobbyi]

[ QUOTE ]
can only get $300 out in a day via atm/debit, and it's annoying going to the bank to withdraw.

[/ QUOTE ]
You just need to go to the bank once and talk to a teller and ask to have your withdrawal limit raised.

[TStoneMBD]

i was once told that your cock grows an inch for every wad of dimes you have in your pocket which is why i always mack around enough money to get me up to 8" at all times.

[TakenItEasy]

In the casino's you need cash or pay a pretty high charge for using credit cards. I like to keep a bank roll of cash for my live play. I also keep a stash of smaller denominations around for home games since no one has change when chopping up the money.

[Nomad84]

I don't like using my debit card. I much prefer cash. I don't carry a lot though. I usually have $1-200 on me and another $3-500 readily available. More if I'm planning any live poker, but that's rare for me. I use my debit card for groceries, usually, but that's it. Using cash helps me keep better track of my spending, because I sure as hell don't write down all of my debit card transactions. I don't use ATMs since I don't want to pay fees. I already have two bank accounts two hours from my apartment (at my home town) and don't feel like setting up a third (locally) just for free ATM transactions. I just get more cash when I'm home every 3 or 4 weeks. Besides, dealing with receipts and signatures and stuff is more of a hassle than dealing with change, IMO.

[loose passive]

I never use my debit card. Cash or credit card card with cash rewards is all I use.

Why pay for stuff with a debit card when you can be getting some sort of reward points from a credit card (Mine owes me $400 cash back right now).

Also not all businesses take credit/debit card. Same for drug dealers.

<sarcasm on>
Ohh, and cash is SUCH a hassle to deal with
<sarcasm off>

[csuf_gambl0r]

Because cash is liquid duh.

Cash doesn't leave a paper trail. And for those of us who don't pay taxes, this is very important.

[MCS]

Straight cash, homey.

I like to carry around about $60 or so. This is a fair amount for someone who doesn't make or spend a lot. I find it pretty useful to have cash for incidentals or to help when people are splitting up checks.

[Python49]

Yeah, I suppose if I lived in city it would be alot different. Cabs, bigger live games, restaurants, strip clubs, etc. My college though is out in the middle of the mountains so I rarely ever need cash. When I was in newyork though I had to always have cash on me because of the clubs, cabs, drinking, etc.

[Spook]

Cash can be very quick. It was better back in the day when people didn't always have to give you a receipt.

[gilbert]

i have a debit card/bank account which is used maybe twice a month.

the only reason i opened a bank account was for use on ebay. i also vowed if i ever go poker broke i will live off the money in my bank account and never dip into for gambling expenses.

[pr0crast]

If you have the choice of debit or credit, isn't it much wiser to go credit and pay it off at the end of the month rather than going debit, solely for the sake of building your credit score? That's what I was always told.

[Python49]

You actually learn something new every day. Being young and apparently naive, I was brought up to assume that credit cards should be avoided at all costs becuase most people my age who get them get their credit ruined and go into debt. I need to look into this however since a friend of mine mentioned to me on AIM the other day something about it. Asked how my credit was (we were talking about ivnestments and stuff), then asked if i had any credit cards and I said no, so he said "you should get some". I was confused on why until now. Then again I grew up in a very inner city/urban type area so credit cards usually were not a good thing in terms of credit.

[Origami]

http://img111.imageshack.us/img111/9034/t5200601181611415494fv.th.jpg (http://img111.imageshack.us/my.php?image=t5200601181611415494fv.jpg)

Debit Cards = Milquetoast

[rageotones]

first...getting a credit card is really good if you've never gotten credit before. if you try to by a car or get a loan some day, the loaner will probably look at someone w/no credit history almost the same way that they look at someone w/bad credit. this = more cost to you in interest if you can even get the loan. just get a card, make sure you get one w/out any annual fees, and pay it off every month.

as far as credit rewards. the reason they give rewards is because dumb people put everything thing on their card, end up having a bill that's too big at the end of the month, and pay finance charges. luckily for us smart people, the dumb people are picking up the tab on our free stuff (e.g. cash back). just make sure you can pay your bill each month, or the finance charges will quickly erase any benefits you're getting from the card.

third...a big benefit to debit/credit is that if you lose it, you usually won't be liable for any purchases made if someone tries to use it. if you lose a wad of cash, you're pretty much just f-ed.

as with other things in life, there are obviously benefits to cash and credit/debit. i'm tired and forgot where i was taking this next....

[Evan]

[ QUOTE ]
I grew up in a very inner city/urban type area so credit cards usually were not a good thing in terms of credit.

[/ QUOTE ]
What?

[Python49]

Well, I guess what I was trying to say was I grew up in an area where people didn't have much money so credit cards weren't thought of as something to boost your credit, they were looked at as money owe'd.

[ScottieK]

Debit card for a value meal? Wow. I'm a cash guy myself. Since I work at a bank and near other banks, it's easy for me to hit up ATM's and make transactions.

ScottieK

[jackdaniels]

[ QUOTE ]
http://img111.imageshack.us/img111/9034/t5200601181611415494fv.th.jpg (http://img111.imageshack.us/my.php?image=t5200601181611415494fv.jpg)



[/ QUOTE ]

Nice.

I have NEVER used a debit card. I carry a CC around with me, but rarely (if ever) use it. I use cash almost exclusively for everything I buy. My wife on the other hand, uses CC or Debit for EVERYTHING. She rarely has more than $20 on her and that too is just for emergencies or the odd coffee at a mom and pops place that wont take her CC.

The upside is that she pays her own CC bill /images/graemlins/grin.gif

[belgianbeerlover]

[ QUOTE ]
Bank of America Power Rewards. You get 1 pont per dollar spent, and the $1000 rebate is 50000 points.


[/ QUOTE ]

Yep- great deal. I built an addition and used the Bank of America Card every chance I got. There were a few times I received double points for certain promotions. Paid it off promptly and netted a $1000 in no time.

[ggbman]

Python, your PM box is full, i can't reply to your PM.

[bennyk]

Cards take too long at most stores.

I only use the card if I want it to show up in my Quicken. I use a card for all deductible purchases, groceries, etc. For everything else that's under say $30 I'll pay cash cause it's faster.

[WhiskyRiver]

[ QUOTE ]
You actually learn something new every day. Being young and apparently naive, I was brought up to assume that credit cards should be avoided at all costs becuase most people my age who get them get their credit ruined and go into debt. I need to look into this however since a friend of mine mentioned to me on AIM the other day something about it. Asked how my credit was (we were talking about ivnestments and stuff), then asked if i had any credit cards and I said no, so he said "you should get some". I was confused on why until now. Then again I grew up in a very inner city/urban type area so credit cards usually were not a good thing in terms of credit.

[/ QUOTE ]

It's the two sides of the same coin. Yes, having a credit card would be good because you can create a credit history. Yes, credit cards are bad because, it's safe to say, the majority of kids your age WILL screw up their credit, or at the very least go into huge amounts of debt. There are specific companies that pray on the college crowd. Jack up their credit limit, have small minimum payments, and rack up the interest. They just passed regulations that require companies to make the minimum payment cover the interest for the period, any fees, and (I believe) 1% of the principal, essentially saving consumers from their own ignorance.