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Is cash dying a death?

68 replies

spellingtest · 25/06/2022 18:36

I have a £20 note tucked in my phone case. It's been there for a few weeks. I rarely use cash save buying things at the local market (the olive stall and plant market)
Do you still use cash and if you what for?

OP posts:
MrsGluck · 25/06/2022 18:53

Market stalls/car boot type things, pound coin for the locker at the swimming pool. That's it.

LondonQueen · 25/06/2022 19:45

The Chinese is the only place I have used cash this year. Even then I normally order through just eat so would pay by card.

spellingtest · 25/06/2022 19:47

I really do believe cash is dying. I offered to pay my window cleaner cash and he said he would prefer a bank transfer! I wonder if this means the tax man is getting more revenue are things aren't being written off for tax purposes?

OP posts:
DownstairsMixUp · 25/06/2022 19:49

This reply has been withdrawn

This has been withdrawn by MNHQ at the poster's request.

Furrybutts · 25/06/2022 19:50

I have started using cash a lot in the last few months, as I don't like leaving a paper trail of my -ridiculous- -amount- -of- spends.
Also I feel it makes me aware of where my money goes.

LadyMonicaBaddingham · 25/06/2022 19:55

I use cash because it helps with budgeting. I also genuinely like handling proper money instead of a bit of plastic.

Move22 · 25/06/2022 19:55

Tips

catsonahottinroof · 25/06/2022 19:58

I'm trying to use it more as I don't want us to become a cashless society.

Suzi888 · 25/06/2022 20:00

I don’t carry much. I stopped years ago as I kept losing my purse!
Visited London the other day and it was card everywhere.
Made a large cash purchase in one shop and they checked every single note😂.

adhdforme · 25/06/2022 20:01

I honestly can't think of the last time I used cash. It's been months and months. For the past 4-5 years I could probably count the number of times per year I've used it on one hand.

I thought it was dying a death before covid, but I certainly think it's on its way out or to a drastically drastically low usage since covid hit and everyone was encouraged to use card instead of cash.

Everywhere takes card now. Even the street performers and the people selling the Big Issue

Useranon1 · 25/06/2022 20:02

I couldn't tell you the last time I touched cash. Possibly last summer at the funfair.

Did catch me out the other day though when the icecream man wouldn't take card!

anybloodyname · 25/06/2022 20:03

Remember you will not be able to use the £20 or £50 notes from ( I think ) 1st September

Get that 20 in the bank or swap it for 2 tenners !

Apologies if I have any of that wrong

mama3bears · 25/06/2022 20:05

It's only the old paper notes you won't be able to use.

Mrstumbletap · 25/06/2022 20:07

2p machines and swimming lockers are the only times i think I have I held a coin in years.

Don't even have a purse anymore, it's great, just pay for everything with my phone and thumbprint, so easy.

Hopefullly it will get rid of money laundering type things, drug dealing will be more difficult and tax dodgers will reduce.

It's great, get rid of cash! 💷

RaininSummer · 25/06/2022 20:08

Rarely use cash. I have had the same fiver tucked in my phone for 3 months in case my card didn't work on the bus. The only place I go where I have to use cash is my hairdresser as for some reason they don't take cards.

Galadali · 25/06/2022 20:11

I've got a purse full of cash because the grandparents keep giving my kids cash for pocket money, which the kids then give to me to transfer to their Hyperjar cards. It's just a burden now because I have to take a special trip into town and pay for parking (card only) to pay it into my bank.

adhdforme · 25/06/2022 20:12

Mrstumbletap · 25/06/2022 20:07

2p machines and swimming lockers are the only times i think I have I held a coin in years.

Don't even have a purse anymore, it's great, just pay for everything with my phone and thumbprint, so easy.

Hopefullly it will get rid of money laundering type things, drug dealing will be more difficult and tax dodgers will reduce.

It's great, get rid of cash! 💷

So much money laundering, drug dealing etc is done through crypto. It makes it easier than ever

adhdforme · 25/06/2022 20:13

RaininSummer · 25/06/2022 20:08

Rarely use cash. I have had the same fiver tucked in my phone for 3 months in case my card didn't work on the bus. The only place I go where I have to use cash is my hairdresser as for some reason they don't take cards.

They don't take card because they pocket some of the cash and don't declare it so they don't have to pay as much tax. A lot of smaller businesses do that. My friend has a salon and encourages cash for that reason

ShinyPikachu · 25/06/2022 20:13

I still use cash regularly but there are quite a few cash only businesses in our town still so I always have some in my purse for if we go to those ones. Some others won't let you use a card if it's under £5 or £10, so I'd rather just pay for my £1.50 item or whatever with cash rather than spending more.

It's also handy if I want to send DC to the shop for bread or milk if we run out as I have health issues and can't always go myself.

greenbirdsong · 25/06/2022 20:13

I don't like the way places actually refuse cash. It's a legal form of tender.

My local charity shop won't accept cash anymore. So even something for 10p you have to pay on your card.

Went on holiday to Haven and all cashless, even the arcades you had to tap a card!
Local soft play is cashless - but they have these little machines that take pound coins, which no one brings and they don't have change for.

I also think cash makes budgeting easier.

Cards are great but cash still needs to be there in circulation.

lljkk · 25/06/2022 20:15

Recent & near future:
Chips & ice cream for DS, hot chock for me, £8?
small veg purchase from shop, 65p
Post office parcel sending £3.35
parking charge, machine, £2
kayak launch fee, £3, no idea if they take cards, backend of nowhere, maybe?
Load of stuff from QD: £23
DS ATC uniform kit, £135, ouch
Then I ran out of cash & had to pay for fuel £55 with card (!!)
Got some cash from ATM ->
Pizzas from take-away £16.50
tomorrow: likely pint from pub, maybe some chips + ice cream for big teen DS

I'm doing a big fundraiser event next week for a tiny charity. We strongly prefer cash. We don't have a credit card set up for a lot of good reasons. Someone can bank transfer me & I will put cash from my wallet for them, or they can pay via paypal if they say they lack cash, but can pay by cash rather than those options. A lot of shops here only accept cash payments.

LetitiaLeghorn · 25/06/2022 20:15

All sorts of stuff. Food shop, lunches, transport, charity boxes, shops like cards, sweets, one off toiletries, tips, home bargains. It makes me more aware of what I'm spending if I use cash. I remember when the banks announced cheques were going to be done away with. They soon backtracked on that.

alongtimeagoandfaraway · 25/06/2022 20:16

Part of me thinks this is great, so easy. Then I remember the Handmaid’s Tale and worry about being vulnerable should someone decide I should no longer have access to my bank account. Sounds far fetched but so does the reversal of Roe vs Wade.

StrychnineInTheSandwiches · 25/06/2022 20:17

at some point there'll be some cyber attack where all the banking systems are brought down and all the cash people will be like 'HA! TOLD YOU!'

lljkk · 25/06/2022 20:18

oh yeah, train fare, £10.50.
toothpaste from QD: £6
3 jars home-made jam from country lane lady: £5