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Paying with cash article

October 13th, 2013 at 11:14 pm

There's an article about paying with cash costing Americans money.

Not the surface kind of answer, but the fact people are paying fees to pay with cash. I can't figure out if the gist of the article is to go cashless or just reporting. I don't trust media anymore because gone are the days when they just reported the facts...so many stories are so biased.

Here is the URL:

http://www.today.com/money/paying-cash-costs-americans-200-billion-year-8C11363366

This has been a nice weekend, but I have spent money. We walked around our downtown area yesterday. We have lots of small locally owned shops. I like the idea of supporting local small businesses. One place had 20% off things and I did buy quite a few things, but they were things I would have purchased anyway. Two things were presents so saving the 20% was nice. We also went to a local wine store. We aren't wine drinkers, but we were looking around for a nice bottle to give as a present and found one, I think, this person will like. We made our way to the grocery store and came home so I could begin supper.

Today we hit a flea market and an antique mall. We didn't spend much, but we had a nice time looking. We came home to get to work.

DH picked cherry tomatoes. I dried parsley and put it in a jar for this winter. After DH brought in the tomatoes, I washed them and went out and picked some of the onions we have left, some basil, and DH picked a bell pepper. I made two quarts of tomato sauce...that is a lot of cherry tomatoes for that much sauce!

We had sloppy chicks for supper (sloppy joes made with ground chicken) and I used half of a quart of sauce. The leftovers will be lunches for this week. But, I will now have 11 quarts of tomato sauce in the freezer. Not bad for those little tomatoes!

4 Responses to “Paying with cash article”

  1. PauletteGoddard Says:

    What I got out of the article you referenced: poor people get penalized for borrowing cash or getting paid in debit cards due to fees. I keep cash on me for buying things so I can limit my spending. Herb Weisbaum I remember from Seattle in the days when I watched television news.

  2. Kiki Says:

    So the results: the poor pay more to access their one money. It seems the poor pay more for everything from groceries and gas (theft/shrink rates are higher in economically depressed areas which means consumer prices are higher overall) to even being able to cash a paycheck if they don't have a checking account.

    I pay cash for 95% of all my spending over rent and living expenses but I don't spend 28 minutes a month at the bank, nor do I get cash anywhere I would have to pay a fee. Why anyone would pay a fee to access their own money is beyond me.

    Cash is still king.

  3. TashaC. Says:

    I have heard several examples of poor being kept in their state due to economic advantages not available to them. This is another example.

  4. rob62521 Says:

    I agree, Kiki, cash is still king.

    I know the poor often seem to be paying more for things. I get the idea of the article about the poor having to pay to get cash, but I wondered if the underlying thought behind the article was to go to cashless society. Our state was one of 17 that had problems with the Link card on Saturday. This was not due to the government shut down, but an issue with the agency that ran the computer technology behind it. It was a mess for those who wanted groceries because they couldn't use their card and they wondered what they would do for food.

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