Cash is so impractical, I struggle to understand why anybody would actively insist on using it.
Ain't that always the bullshit, they charge more fees for not having the money than if you do. Would love to see the stats on how many americans carry a balance of 2000+ a month. I know a lot of people the only time their accounts get beyond triple digits is when they deposit their pay check and start paying bills5$ to activate, 10$ if you don't use it enough in a month, 2.50$ per transaction, 3.50$ per atm withdrawl is one a friend had to use
my personal bank account will start dinging 10$ a month if you don't use the card something like 20 times a month or if you have a minimum balance of 2,000$.
we really need banks to get regulated like a motherfucker very soon
Ain't that always the bullshit, they charge more fees for not having the money than if you do. Would love to see the stats on how many americans carry a balance of 2000+ a month. I know a lot of people the only time their accounts get beyond triple digits is when they deposit their pay check and start paying bills
It's setup so that one fee triggers an avalanche of other bullshit. The system is designed to bury you.one of my friends ended up in the hospital, so her bank puts her inactive and then dings her into the negative, closes the account, so now she's stuck using one of those shitty cards
there are countless studies that shows using plastic makes you spend more vs using cash.
I am all cash free myself for many years now, but just saying that people who wants to save and budget should stay away from CC
While Japan does have a ton of that stuff, they're also very big on cash/cash only businesses
good.
curious about how it'll work—there's no checkout, right? you just leave with your shopping?
maybe they'll add a couple of regular checkouts to each store or something.
yea I know, I'm just wondering where they'd go. as is, the checkout area is just.... the exit. there's nowhere to like queue or whatever.grocery stores with self checks have cash slots just like a vending machine but with more robust bill acceptors and coin acceptors and the ability to give back change as both bills and coins. Nothing keeping amazon from having one of those in there
yea I know, I'm just wondering where they'd go. as is, the checkout area is just.... the exit. there's nowhere to like queue or whatever.
(I also think they should have at least one ordinary checkout for the kinds of folks who struggle with self-checkout machines.)
5$ to activate, 10$ if you don't use it enough in a month, 2.50$ per transaction, 3.50$ per atm withdrawl is one a friend had to use
my personal bank account will start dinging 10$ a month if you don't use the card something like 20 times a month or if you have a minimum balance of 2,000$.
we really need banks to get regulated like a motherfucker very soon
yea I know, I'm just wondering where they'd go. as is, the checkout area is just.... the exit. there's nowhere to like queue or whatever.
(I also think they should have at least one ordinary checkout for the kinds of folks who struggle with self-checkout machines.)
You won't get that guarantee until banking regulations change in the US. They're not changing those. With your logic, you will be decades out while other places around the world make that change.Good. Cashless to me at this point in time is bullshit, and has always felt that way to me (that whole "legal tender" thing), and I say that as someone who virtually never carries cash. Until we can guarantee that everyone has the ability to store their money somewhere that can be tapped into using a card, it needs to be this way.