quote:

Originally posted by kimber1911:
and they haven't printed those two dollar bills since 1976.
Another 20 years and they may double in value.

Our local small town Chase branch gets in "Christmas Money" every December. These are bills that are freshly minted, never been folded or circulated. They always have new $2 bills. I used to get a couple for novelty's sake, but nowadays just stick to what I need for Christmas bonuses/tips. I still have a $2 bill in my wallet from 2009.
 
Spare cash, probably $200+ in my wallet, and an envelope in the console of my truck with emergency cash (I hate to stick a small merchant with a CC transaction). And another envelope in my shooting bag with match fees (anywhere from $50-$100 at any one time).
 

quote:

Originally posted by kimber1911:

Don't see wheat heads much anymore, and they haven't printed those two dollar bills since 1976.
Another 20 years and they may double in value.

Yeah, not true as others have pointed out. I have quite a few crisp new $2 bills in my possession.

I am trying to use my debit cards as little as possible along with trying to limit the amount of spending I do.

Now that we have relocated and my bank is still in VA, I don't carry as much as normal

I try to have $100 for the week (gas, food, coffee.

I always have an extra 20 in the glove box or trunk for emergencies. I keep trying to drill that into the girlfriends head especially since she is prone to forgot her wallet and debit card. (20 years later still a no go).

quote:

Originally posted by flashguy:
Do gold and silver coins count as "cash"? If so, I've got s substantial stash in my safe. I typically carry only less than $40 in my wallet.

flashguy

Yes, your homeowner's insurance policy sub-limit of around $200 will say for cash, coins, precious metals etc.

This is mainly for theft, you could claim any amount of that was "stolen". As a claims adjuster, I would say I believe you....and pay the $200 limit.

The coins would still be there after a fire, hopefully salvageable...unless it was a burn to the ground kinda fire (rare...except this fire season in CA unfortunately).

I have a safe deposit box for stuff like that.

quote:

Originally posted by trapper189:

quote:

Originally posted by jimmy123x:

Also, nothing pisses me off more than being on line in a busy convenient store and some jackass is taking 2 minutes to buy a $1 item with a debit card. Which is also a surefire way of getting your cc or debit card hacked as well.

I don't understand. How are you more likely to get your card hacked by using it for a small amount at a convenience store?

Clerks and owners at convenient stores at gas stations are NOT the most credible people usually. There is big money in selling credit card numbers and such. All they have to do is have a picture of the card with the numbers on it. As small as video camera's are they could have one focused on the credit card machine and simply show both sides of the card. Go back later and write down the numbers, sell it to someone who can then clone it.

EVERYONE I know that has had a debit card hacked or credit card, it has been from a transaction at 3 places: Gas Station, convenience store, and restaurant. I NEVER use my debit card anywhere except at my banks ATM. Friends that have had debit cards hacked have had their accounts frozen at their bank for 2-7 days and no access to it. At least with a credit card, it's no money out of your pocket, the card company freezes the account and will even overnight a new credit card if it's an emergency.

^^^^^Gotcha. It's not the amount, but the place of business that's the problem. I agree on the debit cards. I use them at ATMs only. Absolutely true about restaurants. The last time we had fraud on a credit card the only place we had used it was at a restaurant. It was a brand new card just issued as a replacement for fraudulent charges on previous card. With the new card, someone order tickets to a music festival. I checked the ordering process and it required the number from the back of the card and the only time the new card was out of my possession was at the restaurant.

quote:

Originally posted by Balzé Halzé:

quote:

Originally posted by kimber1911:

Don't see wheat heads much anymore, and they haven't printed those two dollar bills since 1976.
Another 20 years and they may double in value.

Yeah, not true as others have pointed out. I have quite a few crisp new $2 bills in my possession.

Wow!
So now you tell me these $2 bills that I have been holding onto for 41 years are still only worth $2.
Guess it will take much more then 20 years to double.

Cash is a waste of money, investments are King.

quote:

Originally posted by kimber1911:

So now you tell me these $2 bills that I have been holding onto for 41 years are still only worth $2.
Guess it will take much more then 20 years to double.

Cash is a waste of money, investments are King.

Hate to break it to ya, but in terms of what it will buy, that 41 yo $2 bill is worth much, much less.

quote:

Originally posted by trapper189:
^^^^^Gotcha. It's not the amount, but the place of business that's the problem. I agree on the debit cards. I use them at ATMs only. Absolutely true about restaurants. The last time we had fraud on a credit card the only place we had used it was at a restaurant. It was a brand new card just issued as a replacement for fraudulent charges on previous card. With the new card, someone order tickets to a music festival. I checked the ordering process and it required the number from the back of the card and the only time the new card was out of my possession was at the restaurant.

I'm a big fan with how they take credit cards at restaurants in France (and probably most of Europe). The server will always bring the card reader to the table and complete the transaction right in front of you. The card never leaves your sight. I've started noticing that becoming more common in the US, at least in my town. I suppose the advent of iPads/tablets and the "square" card readers and whatnot are making that much more practical.

quote:

Originally posted by Balzé Halzé:
I'm a big fan with how they take credit cards at restaurants in France (and probably most of Europe). The server will always bring the card reader to the table and complete the transaction right in front of you. The card never leaves your sight. I've started noticing that becoming more common in the US, at least in my town. I suppose the advent of iPads/tablets and the "square" card readers and whatnot are making that much more practical.

Agree. I never had to hand my cards over to another human being anywhere in Europe.

Meanwhile, I go to any post office in the US and I do the routine of sliding my card into the reader to complete the transaction. THEN the assholes want to see the card and make me hand it over them. WTF! Phones and credit cards - America has always been behind the curve.

It's because most credit card transactions in Europe are PIN based. They bring the reader to the table expecting that you will need to punch in your pin number. It's the weird American credit cards that let you get by with just a signature.

I enjoy have 500 or so bucks on me plus that way if I come across something I need or want I can get it, but it also makes me think twice about spending it as it's not just a few numbers on a card. probably need more at home but that's another story.

anywhere from $0 and $40 in my wallet. I don't make it a practice to keep cash and will sometimes go a week or two with no cash on me. Right now I have 0 in my wallet, for instance.

I've got about $5-600 cash at home.

I don't use credit cards or debit whenever shopping or traveling. While traveling I find that a personal check and some credit cards are useless....but I have yet to find a place that won't accept cash. I have credit cards for emergency use.

I go by the old adage In God We Trust--All Others Pay CASH.

Walking around money usually 1,000 to 1,500 and about the same in the residence.

Less than $100 in cash in my wallet. Usually pay for everything on my credit card for th points then pay it off monthly. If I know I’m gonna pay a vendor in cash I will hit the ATM for that. My lawn guy appreciates cash for example. I also usually charge restaraunt meals the exact amount of the meal and leave a cash tip. If the waiter doesn’t report all the cash earned that night then that’s between them and the IRS, not me.

$10 in $1 and a SIGForum coin. We keep 3-400 at home.

Twenty bucks or less on me. I go weeks sometimes and never spend any cash. Don't store it, either.

I will say that it's always interesting seeing how others do things and their reasoning for it. I also now see why thugs break into cars/homes and mug people, I did not know that people still carry that much cash around and store it in their vehicles and homes. They would be sorely disappointed if they hit me up expecting to get a big haul of cash

quote:

Originally posted by robbyfine:
Personally, I keep some cash at home. Something around $200 usually.

Being affraid of a burglar, I have a few secret places to keep my money in safety. But I know they are not enough secure, so I'm considering getting a wall safe to store cash and valuables in. I found some great reviews on the best wall safes here https://secretstorages.com/best-wall-safes/ . So I'm currently learning which one to go with.

Safes are easy to find. Cash hidden inside places like picture frames or a dress shirt pocket, thieves ARE NOT going to have the time to rifle through objects that are useless to them usually. So money spread out hidden in a few places is a good idea.

quote:

Originally posted by jimmy123x:

quote:

Originally posted by robbyfine:
Personally, I keep some cash at home. Something around $200 usually.

Being affraid of a burglar, I have a few secret places to keep my money in safety. But I know they are not enough secure, so I'm considering getting a wall safe to store cash and valuables in. I found some great reviews on the best wall safes here https://secretstorages.com/best-wall-safes/ . So I'm currently learning which one to go with.

Safes are easy to find. Cash hidden inside places like picture frames or a dress shirt pocket, thieves ARE NOT going to have the time to rifle through objects that are useless to them usually. So money spread out hidden in a few places is a good idea.

I remember helping my mother search my grandparents home for cash when they were moved into a nursing home. They had forgotten where they stashed it all. Picture frames, coffee cans filled with walnuts, air vents, etc.

I'm sure we didn't get it all.