Ours are in high school and we felt zero pressure to get them phones that young. Even now that they have phones, they rarely use them except for the occasional text or Google search. They hate all social media.
Cash not accepted at ISU athletic events
- Thread starter Ms3r4ISU
- Start date
Ours are in high school and we felt zero pressure to get them phones that young. Even now that they have phones, they rarely use them except for the occasional text or Google search. They hate all social media.
CycloneErik
Well-Known Member
Shoot, my kiddo legit uses my phone for a coding class.
This year at Oracle Park in SF and Texas Rangers stadium all the vendors in the stands and everything inside the stadiums were cashless, and the Braves new park in Atlanta was that way last year when we went for a game.
Not to mention all the money you're leaving on the table by not having one or more good rewards credit cards and paying everything you possibly can with them. Provided of course that you pay them off every month.
I sell stuff on Facebook Marketplace as cash only. I can’t tell you how many times people offer to pay via Venmo because they seriously don’t know how to get cash out of the ATM. Venmo is fine if you know the people but I don’t accept from strangers since they can find a way to charge you back or claim it was a fraudulent transaction.
I've thought a lot about this too. There's that old "envelope method" of financial management where you take out all the cash you need for the month, parcel it out into envelopes for each of your categories of bills, and when it's gone, it's gone. I've never done this myself (or needed to thankfully), but the idea is that spending cash hurts more psychologically, so you spend less.
But we are fast moving to a cashless society, and I'm not sure how you replicate that digitally.
Unless something has changed since I went a couple of years ago, I have ZERO faith that this will speed anything up. The last time I tried getting something at the concession stand it look a solid 25 min due to lack of overall help and just legit inefficiency. Watching someone walk back and forth for each individual item and not moving on to the next order was the issue. It had nothing to do with counting out money from my experiences.
We have separate accounts for bills, savings, and spending money. The debit cards are tied to the spending money. The bills is still a checking account that only the Bill pay is tied to. Seems to work but it doesn’t get down to the level of grocery money vs hookers and blow. So sometimes you run out of money for groceries.
I don't really care, I save my cash for the dispensaries but I also don't really see the need for this. The good of the customer is never the reason changes like this happen, it would be interesting to see what benefits the ppl selling things are seeing from this.
As someone who is in the banking industry, let's not do that, OK? We were required to have crazy excess cash on hand for Y2K, and had some customers individually withdraw hundreds of thousands of dollars IN CASH during the financial crisis in 2008-9. One guy even told me he was going to bury it in his back yard. Yes, I could have looked up his address. No, I didn't. (He eventually brought it back.)
This happened a few years ago. Its not a new thing. And for that matter a lot of places have done this.
The only thing I hate is when you go somewhere that is cashless, then they charge you a CC fee. To me that fee is part of doing business. If your business accepts CC and especially if they require it, that fee is not the customers problem. I do understand in most cases it will just be added to the product. But in some cases not so much. I you go to store A and it costs $1 for something with no fees, then go to the next and its $1 plus CC fee. They are matching their competitors price but then added the CC %.
I usually carry a few hundred when I’m on the road traveling as backup. My only cards are through a credit union, so replacing them wouldn’t be ideal.
That being said, I had someone swipe about 250 in cash out of my center console a couple weeks back. That was fun.
I've been doing this for the last 11 years. Still love it, even though we're in a more financially stable place. It really makes you 'feel' how you're spending your money. I love cash over card, even if it does require me to walk into the gas station before I fill up and back in even if I don't use it all.
That said, I think cash/coins will be gone in 20 years.
Lol, am I making you sweat money bags? Should we get into the fractional reserve and how y'all print money with loans?
I guess ISU is going to be missing out on sales to those folks with that wad of $100 bills in their pockets...
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We make, spend, trade, count, shuffle, and burn a lot of money here in the US. We deal with money every day, but rarely do we contemplate where it comes...
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I mean this seriously any time in my life I had cash in my hand I consider it already spent. It takes a lot for me to pull a card out.
My kids had debit cards at that age. Get a card, throw 50 on it and tell them if you want a pop or treat they can use that and not have to track me down.
What if the boy takes out the cash and go buys a hooker? Did you leave enough on there so he could buy rubbers too?
I make sure he has 2 quarters also and taught him how to use those fancy vending machines in Kum and go bathrooms.
