What will we do without cash?

[longwayoff]

The Guardian '300 cash machines close per month'. It seems that we will have a cashless society whether we like it or not. Thinking about it I don't use cash very often but I want the choice. I want to be able to hand over some ice cream money or give a busker some cash, etc. Bah! Save our money.

I will buy my drugs with goats

I hope not. I use cash quite a bit as it helps with my budgeting.

Hate using cash

I can keep track of my spending so much more easily with cards

Monzo card is terrific for small everyday spending

And I can see ALL my spending across all my bank accounts and cards in my Yolt dashboard. Get insight into everything I'm spending, set spending targets and goals, see upcoming outgoings etc

I only use cash if I absolutely have to. More and more stalls at the food market near my office take cards - even the fruit seller has an iZettle!

I never use cash. Only ever Apple Pay. My debit card is lurking in a drawer somewhere - I just about remember the number.

I've gone back to having cash on me after being stood in a supermarket with a trolley load of shopping when the system went down a few weeks ago. If the cash machine had been empty then we would've had no milk at the very least (I'm not good without my squillion cups of tea a day).

Banks charge anything from 35p upwards for each card transaction, so I can hardly imagine that shops will be happy for you to go in for a pint of milk and pay by card.

Banks charge anything from 35p upwards for each card transaction, so I can hardly imagine that shops will be happy for you to go in for a pint of milk and pay by card.

IZettle charges 1.75% per transaction. Cost of paying in cash at the bank could be just as high, given what banks charge for cash deposits

I need coins for the washing machine and dryer in our building, what would happen to those if we didn't have cash. Our local we can market only accept cash as well.

There is a documentary as well, I think about Shenzhen in China because they have some fancy form of payment or you don't use cat sorry, dictation error, you don't use cash and I don't even think you use cards. I think everything is through your phone.

I'm old school and love cash, a cashless society scares me, I've read too many dystopian books.

I'm still waiting for the paperless office.

Really think its a bad idea to have everything you have moneywise in cyberworld. TSB? Visa? A few years ago one of the middle eastern countries (Lebanon? Cant recall) had some kind of unexpected overnight coup and the currency devalued overnight. Money under mattress pretty useless.Money in bank useless. Only gold was of any use to anyone trying to leave. Yet small everyday trading for bread and milk, if it could be found, was cash only. Lots of it eg 20 x face value. I know I may sound like a prepper in this respect but we need our cash.

Don't like the idea of a cashless society.

It's a bit big brother knowing everything you spend can be tracked. I have dystopian visions of not being allowed to buy a bottle of wine because I've only got £10 left in the bank!

I find I lose track of card spending. If I have £50 in my wallet I can actually watch it disappearing! I hate the reconciling of bank statements with receipts every month - it would take ages if I had to check every last little spend.

I run a small business - if people book online they can do so by card, but if they book direct it's cash or cheque - contrary to posters upthread it's got bugger all to do with trying to cheat the taxman. It would cost us about 1.8% to accept cards, not a huge amount, but the charge will get passed on to customers. We also have to pay for PCI DSS compliance, and GDPR adds another level of admin.

But it's mostly about business/banks/government being able to track every penny I spend. My vices are generally nothing racier than a Twix, a copy of Country Living and a new ball of wool, but that's my business, and I don't want to receive targeted marketing or have my financial details compromised by data breaches.

I see cash points every where are you sure this story wasn't written by the Daily Mail? 🤔

(Side Note: When I typed in 'Daily', my phone tried to autocorrect it to 'Fail'.)

I hope this doesn't happen. If it does, everything we do will be track, monitored and controlled. Computer says no.

Daily mail???? No. Guardian money pages today

I travel to Stockholm a fair bit and have noticed that more and more businesses are taking card only payments.
This is fine when you are there but the bank charges build up quite quickly.

Monzo card is terrific for small everyday spending I second that. I transfer my funds from my HSBC bank when I'm paid and monzo are what I use for everything.

But if you can't stop the Mail habit i recommend kitten block.