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FirstMate
My lil cowboy
Member since 10/10 7789 total posts
Name:
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Cash on hand
Did you withdraw money to keep in your house? We never keep cash in our house- it would be a super sad day for a burglar - but I feel like maybe we should? What is everyone else doing?
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Posted 3/19/20 8:59 AM  |
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NervousNell
Just another chapter in life..
Member since 11/09 54917 total posts
Name:
..being a mommy and being a wife!
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Re: Cash on hand
No. The ATMs still work
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| Posted 3/19/20 9:24 AM |
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PhyllisNJoe
My Box Is Broken
Member since 6/11 9145 total posts
Name:
Phyllis
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Re: Cash on hand
It wouldn’t hurt to have some for just in case. I wouldn’t go stuffing the mattress. But if you normally have zero cash in the house, having a couple hundred handy wouldn’t be the worst thing
Hopefully using Cc won’t become an issue
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| Posted 3/19/20 9:26 AM |
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JWG421
Our miracle is here
Member since 12/12 2507 total posts
Name:
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Re: Cash on hand
i did, ever since Sandy i been on toes w things like this.
I have a safe box in my closet and have cash
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| Posted 3/19/20 10:35 AM |
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JME78
LIF Adult
Member since 11/09 3672 total posts
Name:
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Cash on hand
My husband always has cash on hand - he got more this week. I never do and wouldn't even think of it, honestly. I don't think ATMs will go down.
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| Posted 3/19/20 10:38 AM |
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Cash on hand
i normally don't, but i'm considering having $200-ish on hand. just in case. can't hurt.
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| Posted 3/19/20 10:42 AM |
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LuckyStar
LIF Adult
Member since 7/14 7272 total posts
Name:
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Cash on hand
What would anyone use cash for if they can't leave their houses?
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| Posted 3/19/20 10:52 AM |
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NervousNell
Just another chapter in life..
Member since 11/09 54917 total posts
Name:
..being a mommy and being a wife!
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Re: Cash on hand
Posted by LuckyStar
What would anyone use cash for if they can't leave their houses?
good question lol
You need credit cards- to order stuff online.
Why on earth would credit cards no longer work?
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| Posted 3/19/20 10:53 AM |
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lightblue
LIF Adult
Member since 1/17 2249 total posts
Name:
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Re: Cash on hand
I was at the bank this past weekend and it was PACKED. I Think everyone thinks if something happens and they can't use CC's that they would need cash.. IDK....
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| Posted 3/19/20 11:01 AM |
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queensgal
Smile
Member since 4/09 3287 total posts
Name:
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Re: Cash on hand
I just took out 200. We usually keep about that for petty cash
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| Posted 3/19/20 11:08 AM |
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klingklang77
kraftwerk!
Member since 7/06 11486 total posts
Name:
Völlig losgelöst
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Re: Cash on hand
I would keep cash on hand. I read something about the internet being slowed down due to the fact that everybody is using it.
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| Posted 3/19/20 12:19 PM |
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drpepper318
MIR MIR MIR!
Member since 6/07 8274 total posts
Name:
me
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Re: Cash on hand
I like to have a few hundred in cash.
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| Posted 3/19/20 12:25 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
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Cash on hand
Yes we generally do although I know right now a lot of places are scared of accepting cash because of the spread of COVID-19
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| Posted 3/19/20 12:35 PM |
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MsSissy
xoxoxo
Member since 3/07 39159 total posts
Name:
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Re: Cash on hand
Posted by LuckyStar
What would anyone use cash for if they can't leave their houses?
I thought this too. But I also thought I wouldn't be worried about toilet paper and all this was exaggerated.. And yet here we are.
I do have some cash at home.
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| Posted 3/19/20 1:44 PM |
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SecretlyTTC14
LIF Adult
Member since 12/13 1770 total posts
Name:
B
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Re: Cash on hand
I think with the economy taking a hit, people just like to be prepared. I mean a few yrs ago in Greece, all of the sudden people couldn't get their money out of the banks. I keep a decent amount in cash. You never know.
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| Posted 3/19/20 2:54 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Cash on hand
I would definitely keep a few hundred on hand in case systems go down, cards aren’t going through at the stores, the pumps etc...
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| Posted 3/19/20 4:18 PM |
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Sparrow
LIF Adult
Member since 11/10 6826 total posts
Name:
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Cash on hand
This post is reminding me of the stores being sold out of guns and ammo. What exactly do people think is going to happen??
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| Posted 3/19/20 4:19 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Cash on hand
Posted by Sparrow
This post is reminding me of the stores being sold out of guns and ammo. What exactly do people think is going to happen??
It’s not so much that, but all the systems depend on internet now. I used to work in retail and recall sometimes the internet or whatever system the banks were on would go down and we couldn’t process any credit card sales. If I’m at the food store getting essentials I’d rather have cash in case, if that makes sense. Idk why people are getting guns, they probably anticipate mass looting and robbing I guess lol
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| Posted 3/19/20 4:29 PM |
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NervousNell
Just another chapter in life..
Member since 11/09 54917 total posts
Name:
..being a mommy and being a wife!
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Re: Cash on hand
Just curious why systems would go down...
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| Posted 3/19/20 4:38 PM |
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MsSissy
xoxoxo
Member since 3/07 39159 total posts
Name:
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Re: Cash on hand
Posted by Mrs213
Idk why people are getting guns, they probably anticipate mass looting and robbing I guess lol
This is exactly why they are getting guns.
A friend lives in OH and she said it's crazy there with everyone getting guns and places running out of ammo.
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| Posted 3/19/20 4:59 PM |
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NervousNell
Just another chapter in life..
Member since 11/09 54917 total posts
Name:
..being a mommy and being a wife!
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Re: Cash on hand
Posted by MsSissy
Posted by Mrs213
Idk why people are getting guns, they probably anticipate mass looting and robbing I guess lol
This is exactly why they are getting guns.
A friend lives in OH and she said it's crazy there with everyone getting guns and places running out of ammo.
Gotta protect your stash of TP!
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| Posted 3/19/20 5:01 PM |
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HeyJude
LIF Adolescent
Member since 9/07 820 total posts
Name:
p
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Re: Cash on hand
Posted by NervousNell
Just curious why systems would go down...
Cyber attacks, companies are in a crisis and focused on that. Bad people could see this as an opportunity to attack the financial infrastructure.
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| Posted 3/20/20 1:55 AM |
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mrsrainbow
LIF Adult
Member since 1/17 1465 total posts
Name:
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Cash on hand
People think the purge is going to happen that's why guns and ammo sales are soaring.
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| Posted 3/20/20 3:49 AM |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: Cash on hand
Posted by HeyJude
Posted by NervousNell
Just curious why systems would go down...
Cyber attacks, companies are in a crisis and focused on that. Bad people could see this as an opportunity to attack the financial infrastructure.
Agree.
The internet is under a huge amount of stress right now, with all of the people working from home, streaming, etc.
Other countries have asked Netflix to throttle their streaming and/or force lower quality so that other internet data can pass instead of Netflix using up 99% of the pipe.
These days, if the internet goes away for a long amount of time, that would be another disaster. At this point everyone's backend processes run over the internet. Merchants wont be able to take those credit cards, electronic payments, etc.
Plus, if there is some type of hardware failure you have to hope that there is a spare on site, because if not they are not getting overnight shipping from China.
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| Posted 3/20/20 5:04 AM |
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curley999
Family!
Member since 5/05 2314 total posts
Name:
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Cash on hand
We have cash on hand for all the reasons listed above plus if the market crashes bank accounts could be frozen. As it is some banks are closed right now due to staffing. The guns are to protect your family and property if the food supply chain stops and people try to steal from each other. We learned how the gas supply during Sandy affected everyone too. None of these things are likely to happen but I would rather be prepared then not.
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| Posted 3/20/20 5:40 AM |
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