289
Decided to start paying predominantly cash again
(lemmy.mtate.me.uk)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 Jul 2024
289 points (96.5% liked)
Privacy
32159 readers
201 users here now
A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
Some Rules
- Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
- Don't promote proprietary software
- Try to keep things on topic
- If you have a question, please try searching for previous discussions, maybe it has already been answered
- Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
- Be nice :)
Related communities
much thanks to @gary_host_laptop for the logo design :)
founded 5 years ago
MODERATORS
I'd love to but since tons of credit cards charge fees to the store, shops increase their prices on menus and items to account for this. On top of the fact that I receive points for purchasing, I'd be losing money if I were to be using cash alone.
why does this stop you from cash? you're still charged the same
That's their point, they don't get a corresponding discount for using cash.
Like Orange said, I'm not getting a discount by using cash. Prices are higher because of credit cards so I might as well use them to get 2 - 5% cashback/discount. Doesn't sound like much but it leads to hundreds of dollars in a single year for me.
oh i see, i was tired haha. i've never used those card benefits much myself
I'm huge in the credit card game with all sorts of cards but it is a privacy I am willing to sacrifice.
You usually are tho. Around here it 3%
Only very few shops in my areas and mostly just local resturants. So yeah, it makes sense to use cash then but it isn't the norm around here.
maybe even less if he doesn't buy stuff for same reasons as OP
Depending on the business, some actually charge less if you are upfront on paying cash
I've only seen small/local businesses, sometimes big gas chains, give a cash discount so naturally it makes sense to use cash when I can but it is very few shops still.
Yup, but those are exactly the places to use cash and it's amazing what even some of your meals being in cash and it influencing your budget does to your purchase habits.
I agree fully with using a cash back credit card for the big places and purchases and cash when around town locally.
Kinda feels like I'm doing what my grandparents did but hey it kinda works
This seems like circular logic. The credit card & transaction companies incentivize you to buy more & take a cut every time while attempting to raise the # of cuts they take. Like OP I bet you'd save even more when using cash as you'd buy less.