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Post by puffy on Mar 26, 2020 11:31:42 GMT -5
Many years ago I asked a lady who worked in a bank how she felt about handling all that money..She said that to her it was just dirty paper.Now with direct deposit they're recommending that folks pay with cards because the virus can live on money..If every one starts paying with cards,and online shopping.Do you think that they could some day eliminate money and make everything electronic?
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Post by bigwoolie on Mar 26, 2020 11:40:39 GMT -5
Many years ago I asked a lady who worked in a bank how she felt about handling all that money..She said that to her it was just dirty paper.Now with direct deposit they're recommending that folks pay with cards because the virus can live on money..If every one starts paying with cards,and online shopping.Do you think that they could some day eliminate money and make everything electronic? There are already some places of business that no longer accept cash, before this virus ever came along. Weve been moving toward it, slowly, for awhile. I do think this will provide a big push for it. |
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chasingembers
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Post by chasingembers on Mar 26, 2020 12:00:05 GMT -5
I have neither seen nor used physical money in nearly a decade.
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Post by sperrytops on Mar 26, 2020 12:03:15 GMT -5
I don't use cash anymore. It's debit card all the way. My wife, however, still believes in cash.
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Post by mgtarheel on Mar 26, 2020 12:14:08 GMT -5
Old Fashioned, I guess. I believe in cash and checks.
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Post by Ronv69 on Mar 26, 2020 12:21:02 GMT -5
It's against the law to refuse cash. It says on the bill "All Debts Public and Private".
I had to have a couple of mower tires fixed today. I paid cash, but it was pre-corona cash. 😁🤠
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Post by bigwoolie on Mar 26, 2020 12:24:48 GMT -5
I went into a business the other day and their computer credit/debit card machines were down. I carry cash too. I never rely 100% on technology.
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Post by kbareit on Mar 26, 2020 12:49:38 GMT -5
I encourage getting paid in cash. I offer a 10% discount on the bill if paid in cash and at least half of my customers pay that way.
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Post by pepesdad1 on Mar 26, 2020 12:53:24 GMT -5
I think that is smart thinking on your part Ken...C. cards take too much of a percentage of your hard earned money.
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Post by kbareit on Mar 26, 2020 12:56:31 GMT -5
I think that is smart thinking on your part Ken...C. cards take too much of a percentage of your hard earned money. I don't take credit cards. Cash, check or Paypal only. |
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Post by bigwoolie on Mar 26, 2020 13:18:15 GMT -5
I think that is smart thinking on your part Ken...C. cards take too much of a percentage of your hard earned money. I don't take credit cards. Cash, check or Paypal only. The last time I sold some livestock and accepted payment through PayPal, they took as much as a credit card would have. I closed that down in a hurry. I take cash or check. Or barter. I do love to swap and barter.  |
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Post by pepesdad1 on Mar 26, 2020 13:30:20 GMT -5
I don't take credit cards. Cash, check or Paypal only. The last time I sold some livestock and accepted payment through PayPal, they took as much as a credit card would have. I closed that down in a hurry. I take cash or check. Or barter. I do love to swap and barter. Yeah, I'm right with you, Dewayne...swapping or bartering usually winds up with both parties happy with the end results. |
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Post by monbla256 on Mar 26, 2020 14:18:04 GMT -5
Many years ago I asked a lady who worked in a bank how she felt about handling all that money..She said that to her it was just dirty paper.Now with direct deposit they're recommending that folks pay with cards because the virus can live on money..If every one starts paying with cards,and online shopping.Do you think that they could some day eliminate money and make everything electronic?  |
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Post by Deleted on Mar 26, 2020 14:43:13 GMT -5
Many years ago I asked a lady who worked in a bank how she felt about handling all that money..She said that to her it was just dirty paper.Now with direct deposit they're recommending that folks pay with cards because the virus can live on money..If every one starts paying with cards,and online shopping.Do you think that they could some day eliminate money and make everything electronic? That's exactly what the yahoo's in Washington are up to and as Dwayne said, for quite awhile now. Sooner or later you won't even have to have a card, it'll just be inserted under your skin or the like and you'll scan it like some do there phones now. And if you don't get it, you'll not be able to purchase anything.
Does this ring a bell, 666? Welcome to damnation my friends.
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Post by toshtego on Mar 26, 2020 16:55:28 GMT -5
My memories of big cash go back to the sub-basement of the operations center for Bank of America in the early 1970s. I worked for a time down there as a Security Guard in their Central Cash Vault. This is where all cash was stored for all the branches in northern Californa. Untold millions. The vault was so large it had three roll-up doors to admit armored courier trucks including the massive "Coin Truck" operated by Loomis. That was a full-on International Harvester tandem-axle armored truck for carrying vast quantities of coins. The Central Vault had currency wrapped in bundles and stacked on pallets. Many pallets. Electric forklifts moved about shifting the pallets inside the vault. My shift, the evening shift was the time Loomis, Brinks, and Armored Transport Company drove in and out for about six hours dropping off and picking up cash. The underground area was a festival of armored trucks and security personnel and vault clerks. That was a lot of cabbage. After a while, one loses a connection with the product but not the watchfulness which is required. During my four years, we never had any trouble. Once in a while someone might accidentally drive down the ramp thinking this was a parking garage only to face a phalanx of guards armed with shotguns. The gate guard at the top of the ramp would be chastised for being too slow on the gate switches.
In 1974, I had to greet a helicopter load of FBI Special Agents on the rooftop heliport. They arrived to pickup $350,000 in cash for some airline highjacker demanding ransom out at SFO. I took them by freight elevator down to the vault to pick up the bags. They were impressed by our security but not very talkative.
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Post by Ronv69 on Mar 26, 2020 17:15:06 GMT -5
How many trucks does it take to move 4 trillion dollars? Most I have had in my hand was $170k. I was taking inventory for the grocery store that cashed the checks for the shipyard workers in Port Arthur. The manager said "you better count this" and handed me the bag. I was 16 years old. He stood there and grinned while I started over 4 times.
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Post by Deleted on Mar 26, 2020 17:21:30 GMT -5
How many trucks does it take to move 4 trillion dollars? Most I have had in my hand was $170k. I was taking inventory for the grocery store that cashed the checks for the shipyard workers in Port Arthur. The manager said "you better count this" and handed me the bag. I was 16 years old. He stood there and grinned while I started over 4 times. Most money I ever had in my hands was $16,000 and I had to count it several times just to make sure I really had that much money. I know it doesn't sound like a whole hell of a lot but, to me it was more then that, it was my salvation......so to speak.
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Post by sperrytops on Mar 26, 2020 23:02:48 GMT -5
How many trucks does it take to move 4 trillion dollars? Most I have had in my hand was $170k. I was taking inventory for the grocery store that cashed the checks for the shipyard workers in Port Arthur. The manager said "you better count this" and handed me the bag. I was 16 years old. He stood there and grinned while I started over 4 times. Today you can move it with one electronic transaction. And you can bet it will be tracked by the FBI. |
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Post by Ronv69 on Mar 26, 2020 23:12:05 GMT -5
But I want mine in cash, small bills.
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Post by trailboss on Mar 26, 2020 23:16:59 GMT -5
Running an EBay store will have you appreciate cash sales... with EBay and PayPal fees, it all really adds up.
I paid cash for my A/C with a reputable technician, and it worked well for both of us... if you tend to pay for cash with physical transactions, it really makes you more aware of where your money is going...paying utility bills, mortgage l, etc... the online banking rocks though.
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Post by Deleted on Mar 27, 2020 6:44:28 GMT -5
I reckon I'm old fashion, I won't use the online payment type for utilities, insurance and such of that sort. And I aint giving anybody the right to withdraw money from my account to pay bills on time, no, no sir, they aint going to even try that scam on me. They ALL and I mean ALL get checks sent in the mail. A lot of them constantly bug me and putting it in there words "To make my life Easy" I should sign up for online payment. READ my Lips, "Go Screw Yourself!" They want us to make there lives easier not ours and the control of our money. Don't take an Einstein to figure that out.
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Post by trailboss on Mar 27, 2020 8:27:31 GMT -5
I would never agree to automatic payments either, once you agree to that, you are screwed if the company is less than honest... gym memberships are notorious for continued billing after you notified them you are cutting ties.
Online banking though gives you more control than licking a stamp and mailing it out... it funds the account on the exact day you want it to fund, and you have a better receipt than if you sent all your bills by certified mail and signature required. I have been doing it for 15 years and have never had a snag.
You really don’t lose control of your money, you actually have more control over a payee... they can’t dispute the fact that they were paid on a certain date.
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Post by oldcajun123 on Mar 27, 2020 8:41:43 GMT -5
 Yes, you can schedule payments, really convenient, I pay all my bills on IPAD, Son said only old people do checks, mostly unplanned expenditures I do cash. Bundling is the worst thing you can do, it’s like a nest of snakes, you want to get rid of one, they”ll all bite you.
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Post by Cramptholomew on Mar 27, 2020 9:08:04 GMT -5
I don't take credit cards. Cash, check or Paypal only. The last time I sold some livestock and accepted payment through PayPal, they took as much as a credit card would have. I closed that down in a hurry. I take cash or check. Or barter. I do love to swap and barter. PayPal Friends and Family pits the fee burden on the payee. |
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Post by Cramptholomew on Mar 27, 2020 9:08:32 GMT -5
I would never agree to automatic payments either, once you agree to that, you are screwed if the company is less than honest... gym memberships are notorious for continued billing after you notified them you are cutting ties. Online banking though gives you more control than licking a stamp and mailing it out... it funds the account on the exact day you want it to fund, and you have a better receipt than if you sent all your bills by certified mail and signature required. I have been doing it for 15 years and have never had a snag. You really don’t lose control of your money, you actually have more control over a payee... they can’t dispute the fact that they were paid on a certain date. this. |
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Post by Deleted on Mar 27, 2020 9:39:53 GMT -5
The last time I sold some livestock and accepted payment through PayPal, they took as much as a credit card would have. I closed that down in a hurry. I take cash or check. Or barter. I do love to swap and barter. PayPal Friends and Family pits the fee burden on the payee. I won't ask my customers to perjure themselves because I don't wish to get dinged tax and service charges, "Give to Caesar what is Caesar's............" |
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Post by Cramptholomew on Mar 27, 2020 9:47:23 GMT -5
PayPal Friends and Family pits the fee burden on the payee. I won't ask my customers to perjure themselves because I don't wish to get dinged tax and service charges, "Give to Caesar what is Caesar's............" I non-figuratively thought it was just their "fee", as in every CC/monetary establishment charges a fee. I didn't really think about it. My bad, you are right, Caesar should get his. Edit: this is incorrect. PayPal's fee is not tax at all. Not transaction is taxed. Any income made by a PayPal transaction is to be reported separately. In fact, PayPal will send you a 1099 if your income is over $20K. It's on you to pay your taxes. As far as PayPal's fee, take it on yourself, or pass it to your payer. That's an individual's choice. It's not perjury in an sense. |
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Post by toshtego on Mar 27, 2020 11:31:28 GMT -5
It's against the law to refuse cash. It says on the bill "All Debts Public and Private". I had to have a couple of mower tires fixed today. I paid cash, but it was pre-corona cash. 😁🤠 ALong a similar note, years ago, I wanted change for a $100 bill at a local bank. The teller told me there would be a few of $5 for that service. I asked why and she said it because we have to pay to bring cash here. Then I remembered an obscure regulation about banks not discounting currency of the United States. So, I told her if you charge a fee, I report this bank to the Comptroller of the Currency, the Supervisor of National Banks. No fee for the change. |
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Post by adui on Mar 27, 2020 11:35:06 GMT -5
It's against the law to refuse cash. It says on the bill "All Debts Public and Private". I had to have a couple of mower tires fixed today. I paid cash, but it was pre-corona cash. 😁🤠 ALong a similar note, years ago, I wanted change for a $100 bill at a local bank. The teller told me there would be a few of $5 for that service. I asked why and she said it because we have to pay to bring cash here. Then I remembered an obscure regulation about banks not discounting currency of the United States. So, I told her if you charge a fee, I report this bank to the Comptroller of the Currency, the Supervisor of National Banks. No fee for the change. What bothers me is the convenience fee for using electronic payments some companies charge. So let me get this straight; you want me to pay extra to use a service that gives you my money faster and more reliably than waiting for me to mail a check? No problem checks in the mail! |
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Post by zambini on Mar 28, 2020 13:42:45 GMT -5
I try to always pay with cash. I can't afford to have companies figuring out what I'm willing to buy; I'm not that well off!
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Yes, you can schedule payments, really convenient, I pay all my bills on IPAD, Son said only old people do checks, mostly unplanned expenditures I do cash. Bundling is the worst thing you can do, it’s like a nest of snakes, you want to get rid of one, they”ll all bite you.
