Do you carry cash around?

[never2late]

Generally, on a daily basis between one and two hundred. Sometimes less, sometimes more.

[MonBK]

Originally Posted by Demosthene

He gave an answer but it was hardly answering the question.

Having 5-10k on you at all times is so far out of the realms of normality that unless you're dealing drugs its a legitimate question to ask.
If the reason is "I like peeling off hundreds from a big wad of bills to impress people" thats a perfectly fine answer and at least it's an explanation.

Why don't you quit while you're behind?

[Johny]

Originally Posted by MonBK

What part of "wait for my book" don't you understand?

[rdmlondon]

Originally Posted by MonBK

Why don't you quit while you're behind?

Brilliant.

People who trade/deal/buy/sell carry cash. The can complete on the spot and get known for it in the circles they move.

They then get offered more trades/deals and on it goes. Plus any moves they see on the road can get taken advantage of straightaway.

The amounts Mon is talking about are not outrageous at all if your in the business of buying/selling.

Don't mean to speak for him but if he carry's that amount it's down to experience. He can probably complete most day to day deals that appear, and most sellers would not expect higher amounts to come out of 'petty cash' and would wait for the rest if need be.

If you're in a 9-5 job it's probably a bit outside your comfort zone thats all.

[MonBK]

Originally Posted by rdmlondon

Brilliant.

People who trade/deal/buy/sell carry cash. The can complete on the spot and get known for it in the circles they move.

They then get offered more trades/deals and on it goes. Plus any moves they see on the road can get taken advantage of straightaway.

The amounts Mon is talking about are not outrageous at all if your in the business of buying/selling.

Don't mean to speak for him but if he carry's that amount it's down to experience. He can probably complete most day to day deals that appear, and most sellers would not expect higher amounts to come out of 'petty cash' and would wait for the rest if need be.

If you're in a 9-5 job it's probably a bit outside your comfort zone thats all.

Thanks for understanding.

[BBL]

Originally Posted by rdmlondon

Brilliant.

People who trade/deal/buy/sell carry cash. The can complete on the spot and get known for it in the circles they move.

They then get offered more trades/deals and on it goes. Plus any moves they see on the road can get taken advantage of straightaway.

The amounts Mon is talking about are not outrageous at all if your in the business of buying/selling.

He can probably complete most day to day deals that appear, and most sellers would not expect higher amounts to come out of 'petty cash' and would wait for the rest if need be.

If you're in a 9-5 job it's probably a bit outside your comfort zone thats all.

Spot on!
If not part of your livelihood or hobby, you can't appreciate how cash can be instrumental in generating more cash flow. As well, when people are in a jam, and can find something to sell, it's a blessing sometimes for someone to come along and buy that one thing with cash that gets them out of their dilemma.
I have met so many interesting and enterprising folks along the way, trading/buying-selling - the stories, maybe boring to others, can be somewhat entertaining and dually resplendent with lessons of life.
DM

[mailman]

Originally Posted by Demosthene

He gave an answer but it was hardly answering the question.

Having 5-10k on you at all times is so far out of the realms of normality that unless you're dealing drugs its a legitimate question to ask.
If the reason is "I like peeling off hundreds from a big wad of bills to impress people" thats a perfectly fine answer and at least it's an explanation.

I told you to end it. One persons normal isn’t everyone else’s. I’d be careful associating someone with dealing drugs. That’s not anything I’d want to be associated with. I’d be upset if someone made that comparison to me.

[Abdullah71601]

Originally Posted by MonBK

Well I could start with a situation I had in Frankfurt Germany in 1966.

During that time I went down there 2-3 times a month to purchase cars from the GI's stationed in and around Frankfurt.

This particular time I was hoping to find a Mustang Convertible as it was one of the hottest car of that era.

I wasn't able to locate one in my usual spots outside the PX or Wiesbaden and Kaiserslautern but had one last card up my sleeve.

At that time the "galant ladies" cruised around Kaiserstrasse in cars picking up customers.
I stood on the corner waiting and here comes a white 65 convertible which I of course flagged down.

I eagerly entered the vehicle and started the usual negotiations except this time for a package deal.

We came to a mutual understanding and went to her place to finish the deal.

After successfully completed the first part of our arrangement I drove away with a 65 Mustang convertible.

This is of course just one of hundreds of stories I have and if you need to hear more you would have to wait for my book to come out.

Did you flip the car?

Add me to the autographed copy list.

[Abdullah71601]

Originally Posted by mailman

I told you to end it. One persons normal isn’t everyone else’s. I’d be careful associating someone with dealing drugs. That’s not anything I’d want to be associated with. I’d be upset if someone made that comparison to me.

What is that red thingy next to the quote button in his post? I haven’t seen that before.

[tyler1980]

Originally Posted by Abdullah71601

What is that red thingy next to the quote button in his post? I haven’t seen that before.

ive seen one next to one of your posts once



It really should be yellow though, a red card is usually the ejection, in soccer at least.

[Sperry]

Originally Posted by Abdullah71601

What is that red thingy next to the quote button in his post? I haven’t seen that before.

"Back in the day" a couple particular clients paid only in cash. It was like Monopoly money to me, a single guy with no bills. Lots of traveling.

[Abdullah71601]

Originally Posted by tyler1980

ive seen one next to one of your posts once



It really should be yellow though, a red card is usually the ejection, in soccer at least.

I missed it. Must have been ejected.

My dad, a retired school teacher, always has a couple grand on him. I never asked why. Maybe it’s a generational thing.

[uscmatt99]

Late to the party here. I carry between $0-60, no matter what I withdraw, and my wife takes the rest. Usually when I need cash, I'm at the $0 end, at which point I get a kick of making my wife go through the machinations of purse opening, wallet opening, and sighing. I prefer to do all payments through the mobile device, and with regular credit cards when needed. Visiting tipping establishments always seems to put me in an awkward situation....

[Canefan1]

Originally Posted by MonBK

Well I could start with a situation I had in Frankfurt Germany in 1966.

During that time I went down there 2-3 times a month to purchase cars from the GI's stationed in and around Frankfurt.

This particular time I was hoping to find a Mustang Convertible as it was one of the hottest car of that era.

I wasn't able to locate one in my usual spots outside the PX or Wiesbaden and Kaiserslautern but had one last card up my sleeve.

At that time the "galant ladies" cruised around Kaiserstrasse in cars picking up customers.
I stood on the corner waiting and here comes a white 65 convertible which I of course flagged down.

I eagerly entered the vehicle and started the usual negotiations except this time for a package deal.

We came to a mutual understanding and went to her place to finish the deal.

After successfully completed the first part of our arrangement I drove away with a 65 Mustang convertible.

This is of course just one of hundreds of stories I have and if you need to hear more you would have to wait for my book to come out.

[littleolemoi]

Debit card 99% of the time.

I do have loose change in my car for those darn parking meters UGH!

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[Tony64]

Don't know why some are having an issue with this, carrying lots of bills makes perfect sense to me.

How else ya gonna make it rain?

[tyler1980]

Originally Posted by Tony64

Don't know why some are having an issue with this, carrying lots of bills makes perfect sense to me.

How else ya gonna make it rain?

That might be the only exception. Making it rain with all my CC's which are now all made from metal these days, and im running the risk of poking someones eye out. Safety first.

The flip side is why carry cash in other situations? Who knows where that money has been, and now its all got glitter stuck on it. Gross

[rolexpatek363]

I carry cards, no cash just like QE II. There's no need for cash these days, and I think it will probably become a thing of the past in a few years. Cheques are on their last legs.

[mtrunner]

I usually have 50 - 60 on me but that's about it. I prefer using the credit card to earn miles and pay off the card monthly. I usually get 2 - 3 flights free every year just by using credit cards instead of cash and it doesn't cost me a thing. Seems like a no brainer to use CCs instead of cash.

[Art 1]

Originally Posted by Demosthene

He gave an answer but it was hardly answering the question.

Having 5-10k on you at all times is so far out of the realms of normality that unless you're dealing drugs its a legitimate question to ask.
If the reason is "I like peeling off hundreds from a big wad of bills to impress people" thats a perfectly fine answer and at least it's an explanation.

A buddy of mine carry's $5000 at all times. He's with me here now. I can assure you he does not sell drugs, but he is very, very rich. He carry's it in case he finds a deal, someone that has to unload something. A nice watch for example. And other things.

[Abdullah71601]

Originally Posted by rolexpatek363

I carry cards, no cash just like QE II. There's no need for cash these days, and I think it will probably become a thing of the past in a few years. Cheques are on their last legs.

Not true. There are plenty of places that don’t take cards.

[austinp]

164.00 currently. I heard Phil Mickelson carries 5k and tips most of it away each day. C note for anybody who does anything for him.

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[pickettt]

I carry no cash, I have no safe, and that wristshot was staged.

[Jocke]

Until a few years ago I often have $10-20K in my wallet but not longer. Today there is way too many robbers out there and the cash deals
are max 5% today in my shop. So today I'm just that poor as I looks.

[tyler1980]

Originally Posted by Abdullah71601

Not true. There are plenty of places that don’t take cards.

there is probably less places don't take cards vs. places who will accept a bill larger than a $20

But yes, the US in particular there are still some places that don't accept them.

[Abdullah71601]

Originally Posted by tyler1980

there is probably less places don't take cards vs. places who will accept a bill larger than a $20

But yes, the US in particular there are still some places that don't accept them.

Not only the US. The middle east, India, Thailand, ...

People here tend to assume that the world is the same as their locale, but there are still a lot of places that don’t take cards (my local McDonalds, for example).

[Art 1]

I do not accept cards for amounts less than $400.

[antbkny]

Originally Posted by MonBK

I always carry 5-10k in case something "comes up".

What about you?

not usually more than 1k in cash. On a side note, do you or anyone have tips on what to look for when purchasing a money counter?

[Namdoogwerdna]

Maybe not "on my person" at all times but i def keep a stash in the house just in case

[tng11]

Originally Posted by rudestew

Pocket change just in case



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Is that a new tenner in plastic? I love how the former head of the Bank of Canada moved to the UK and turned all your money into plastic too.