How the younger generation view cash.

[kamloops67]

$12 to get into the gun show yesterday. Had a 20, a single and a dollar off coupon. Before I could hand it to the “boomer” he had a 10 waiting for me.
Could they do that?

My ex wife worked retail and she always counted back change , it’s a quick way for both parties to know they are getting the correct change
She would get frustrated when a clerk just handed her her change , leaving my wife to count it to ensure a fair transaction

 

[.455_Hunter]

My son is 18 and my daughter is 14. They use cash just fine, and actually prefer it most of the time.

But don't let my post derail a good "kids these days" generational bashing thread.

The boy actually told me last night that he had humored the c-store clerk near the high school by paying with a $1 coin just to see if they could handle it.

 

[ditrina]

I think I'll go for a ride in my new car.. and DARN that new techno STUFF...

 

[CAJUNLAWYER]

It's threads like this that makes me glad I still maintain in good working order my slide ruler and sextant.
I'm ready for the electronic pulse

 

[NYlakesider]

The only problem that I have ever had with cash was when I went to pick up a pizza and the guy behind the counter would not accept a $100 bill.

The 50 and 20 stand a better chance at getting broken at my pizza place.

Lots of "Funny" 100's out there, it seems?

I live on a lake in a tourist area, and from what I have seen or heard from business people up here is its not the size of the bill per-se.

Its the amount of what they are paying for. Like a bottle of soda and giving a $50, or presenting a $100 for a $20 item. Those things set off the radar!

I now use CC for my gas purchases, but in the old days I never had a problem giving a $50 for 35 dollars of gas.

 

[fiasconva]

A lot of the restaurants in this area have started giving a 4% discount if you pay with cash and charge 4% extra for using a credit card. It looks like more and more of them are starting to go with this trend.

 

[Rustyt1953]

 

[Skeet 028]

Sold 2600 yesterday 4 100 dollar bills the rest 20s from the ATM machines are everyone's favorites these days

 

[Krogen]

Some Restaurants and gas stations are now asking if your paying cash. My last Hilton stay 4% was added to the bill.

I assume all purchases will add 4% on the bill for credit at some point. I pay cash whenever I can. It adds up.

When they do add that 4%, I'll go back to cash and checks. I get a flat 2% kickback on my card, so I use it for everything I can. If I have to pay 4% for a 2% kickback, it ain't gonna happen!

 

[Skeet 028]

For what I use my major CC I get 4%. So a break even. But still a dead loss if you don't pay the balance every month. Which I do. Late fees and interest are onerous with CCs. We grocery shop quite often at a store that has great prices on many items same ol same ole on others...my wife likes their produce. They do not accept CCs...but accept debit cards, checks and cash. So I use cash or a check.

 

[Golddollar]

The boy actually told me last night that he had humored the c-store clerk near the high school by paying with a $1 coin just to see if they could handle it.

I'm glad to see someone following in my footsteps.

 

[zeke]

No snarkasm intended but I fail to understand what too much reliance on technology entails. All our financial transactions (income, shopping, bill paying) are done electronically. If I were to use cash I would need a stagecoach, a strongbox and a shotgun rider to move it around.

Almost all of the appliances I own have a keypad.

Earning a Luddite merit badge is something I will never strive for.

I'll take all the technology I can get.

Don't have the stage coach or strong box, but the short sxs with hammers is close by.

 

[zeke]

Well am thinking on getting on as a county da. Gonna have to learn to keep more cash about.

 

[NFrameFred]

I prefer to use cash but keep a card for when it's necessary or advantageous.
I pity them but understand the folks who have trouble counting back change or processing the numbers in their head - it's a simple skill to learn but they can't be taught by "managers" and employers that never learned to do it themselves, hence the reliance on the register to tell them what to do. Heaven forbid you try to help them and simplify the process.
The ones that tick me off are the those who just shove a wad of cash back in your hand without any attempt at counting it back and act 'offended' when I verify the proper amount by counting it in front of them before putting the change in my wallet and officially accepting the transaction. I've been short changed often enough and given too much back an equal number of times to recognize the need to verify the count. I want what's mine but not at the expense of part of their employer's due profit from someone who's careless with the boss's money.

 

[Skeet 028]

The ones that tick me off are the those who just shove a wad of cash back in your hand without any attempt at counting it back and act 'offended' when I verify the proper amount by counting it in front of them before putting the change in my wallet and officially accepting the transaction. I've been short changed often enough and given too much back an equal number of times to recognize the need to verify the count. I want what's mine but not at the expense of part of their employer's due profit from someone who's careless with the boss's money.

Fred I have to agree on checking my change. They sometimes get in a huff when I stand there and check my change. And seem to be just as annoyed when I give them money back cause they can't count. I guess they are embarrassed...but maybe just bothered by me. I learned to count change back at 8 YO...and I sure as heck didn't want to pay more than necessary. Got to add. I pick up chane in parking lots that people seem to just toss away and don't want to be bothered. At least every two years I count all the change I have saved in a basket (change no bills)...and pay my property taxes

 

[ladder13]

Quite regularly a young server will forget to add my ice tea (they never forget the missus wine ) to our bill. I tell them and they seem shocked that someone would even bring that to their attention.
Apparently most people never say a word.
What’s mine is mine and what’s the business owners is his. I politely ask them to add the drink to our bill.

 

[mtgianni]

I buy most things with a cc and get rewards. Last month $1100 from Costco and about $400 last fall. I see at least 10 transactions a year that I get receipts for that don't make it to my statement. I get the items but no one gets paid. Stores chalk it up to just doing business I guess.
I saw something interesting in Chile and Argentina last year. No printed menus in restaurants. The prices change too fast. You down load a menu from a QR code at the table. Some locations did have a white board with todays menu specials on it.

 

[kozmic]

Many concert and sports venues have adopted a "Card Only" policy. I, on the other hand, believe "Cash Is King" and usually have enough to get me through any situation. I have a pocket full of CCs if I need them.

 

[NYlakesider]

I buy most things with a cc and get rewards. Last month $1100 from Costco and about $400 last fall. I see at least 10 transactions a year that I get receipts for that don't make it to my statement. I get the items but no one gets paid. Stores chalk it up to just doing business I guess.
I saw something interesting in Chile and Argentina last year. No printed menus in restaurants. The prices change too fast. You down load a menu from a QR code at the table. Some locations did have a white board with todays menu specials on it.

I too like the idea of the CC company paying me to use their card.

I check my statements carefully and never did not see everything I did showing on my statement.

 

[Krogen]

Quite regularly a young server will forget to add my ice tea (they never forget the missus wine ) to our bill. I tell them and they seem shocked that someone would even bring that to their attention.
Apparently most people never say a word.
What’s mine is mine and what’s the business owners is his. I politely ask them to add the drink to our bill.

Two stories: An old friend is the kind to speak up if he's overcharged or missed out on something. But if the situation was in his favor, he'd be silent. He'd just say losers weepers, finders keepers.

And then recently, I sold something to a friend. He counted out some crisp new 100's. They were so new, they kind of stuck together. When I counted, I found an extra one. He looked at me in disbelief. He counted again and didn't see the extra one. And then I counted . . . We got it straight eventually and both of us felt good about the honesty. That he can't count 100's is concerning - he's the club treasurer!