I almost never have cash on me. It’s debit or credit always. Here’s my thought process on paying with cash. If I buy something that costs, say $4.55, and I hand over a $5 dollar bill, that item has really just cost me $5.00 because what am I realistically going to do with the 45 cents in change?
the problem now is that I’ll just have a big pickle jar with 45 cents. Next year, I’ll have a pickle jar with 60 cents… maybe by the time I retire I’ll have a whole five dollars of change and exchange it for a bill…
I almost never have cash on me. It’s debit or credit always. Here’s my thought process on paying with cash. If I buy something that costs, say $4.55, and I hand over a $5 dollar bill, that item has really just cost me $5.00 because what am I realistically going to do with the 45 cents in change?
Back in the day you take that .45 cents and throw it in a big old empty pickle jar with the rest of your loose change.
the problem now is that I’ll just have a big pickle jar with 45 cents. Next year, I’ll have a pickle jar with 60 cents… maybe by the time I retire I’ll have a whole five dollars of change and exchange it for a bill…
Sure. At the current rate. But it’s likely that if you use cash more often then your pickle jar fills up sooner.
The amount of cash I use is only decreasing with every year. I’m not going to further inconvenience myself just to validate a pickle jar.