When I was a child back in the 1950’s, paying with cash was a sign that someone had their financial affairs in order. Even paying by check, except to pay a bill by mail, was not that accepted. Later, paying by check was acceptable too. I remember my Mom cashing my Dad’s paycheck and separating the money into individual envelopes to pay the various household bills and expenses.
As we all know, credit cards soon became the rage, and now money is almost never used. I mention this because of the recent commercials for a credit card (Visa I think) that poke fun at people using money because it disrupts the smooth flow of customers paying with credit cards. With the “swipe and go” technology prevalent today, paying by cash (or Lord forbid – by check) takes longer.
This got me thinking about how often I use cash and checks. Well I wrote 4 checks last year, down 2 from the year before, because I pay most bills on-line. Except for tipping at restaurants, paying for my haircut, and using vending machines (some of which accept credit cards), I seldom pay for anything in cash. I do use cash in casinos, but as you know, you can’t use coins there anymore. Most of the things I do use cash for could be adapted to accept credit cards.
So my question is - do you think we will become a cashless society (at least in the US), will that be soon, and do you think that is a good, bad, or neutral development.
2007-07-20
00:37:12
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3 answers
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asked by
ghouly05
7
in
Other - Society & Culture