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<p>[QUOTE="Michael K, post: 3147000, member: 78298"]You still need to have cash as a backup in some kind of emergency.</p><p>Even if it is 10% or less of transactions, you still need to have it "just in case".</p><p>There is no indication that the presses are going to stop making currency, or that the mints are going to stop minting coins.</p><p>When I go to restaurants I use cash, so the people splitting the tips don't get screwed by taxes, or crooked managers sticking their filthy fingers in the credit card tips. People on a high salary should not be stealing tip money from people making a dollar an hour.</p><p>You should get a discount when you use cash in a grocery or restaurant. Saving them the 3%-5% credit card costs that are "built in" to their pricing. Even 1% would be a benefit. You spend $100, it costs you 99. You spend $100, the store is getting back 97-95, so by getting 99, they are making out. And you are a little.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3147000, member: 78298"]You still need to have cash as a backup in some kind of emergency. Even if it is 10% or less of transactions, you still need to have it "just in case". There is no indication that the presses are going to stop making currency, or that the mints are going to stop minting coins. When I go to restaurants I use cash, so the people splitting the tips don't get screwed by taxes, or crooked managers sticking their filthy fingers in the credit card tips. People on a high salary should not be stealing tip money from people making a dollar an hour. You should get a discount when you use cash in a grocery or restaurant. Saving them the 3%-5% credit card costs that are "built in" to their pricing. Even 1% would be a benefit. You spend $100, it costs you 99. You spend $100, the store is getting back 97-95, so by getting 99, they are making out. And you are a little.[/QUOTE]
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