Comments on: Would a Cashless Society Really Be That Good??

By: J. Money

J. Money — Thu, 26 Apr 2018 15:22:58 +0000

In reply to Jesi. I like the creativity there, but if cash loses value I'm pretty sure most businesses and their gift cards will also be in trouble as well :) They still make for great gift ideas though! (I LOVE getting gift cards, no matter how faux pas it may be, haha...)

By: Jesi

Jesi — Thu, 26 Apr 2018 14:32:33 +0000

Mr money. Are gift cards a good idea. An other form of cash if cash loses value….

By: J. Money

J. Money — Fri, 02 Feb 2018 15:03:39 +0000

In reply to Darcie. That's def. interesting!

By: Darcie

Darcie — Fri, 02 Feb 2018 07:40:54 +0000

The Canadian government tracks all cash deposits and bill payments at banks, so it is extremly difficult to live on the proceeds of illegal business and avoid paying taxes. We are very close to living cashless like Sweden does. However, this results in higher bank fees for people. Japanese on the other hand rarely use plastic despite being a technology superpower, maybe for a few that exactly reason?

By: ZJ Thorne

ZJ Thorne — Wed, 24 Jan 2018 04:17:46 +0000

Also, it is important to have small denominations in case of emergencies. If that $500 bill is all you have and you need a tank of gas to get your family to safety, well… If power is out for a few days, there won’t be ATMs. Enough around to cover anything that absolutely must be purchased in that time will give you peace of mind. Or just always have enough food in your house to be able to shelter in place for awhile. A pantry is a good investment. ;)

By: J. Money

J. Money — Mon, 22 Jan 2018 18:22:08 +0000

In reply to PJ. YES!!! EXACTLY!!! And glad you escaped okay to be able to share this with others!! :)

By: PJ

PJ — Sat, 20 Jan 2018 22:25:20 +0000

Years ago we had a deadly F4 tornado go through our area. In many spots power was out for over a week. What we learned from that is how important it is to also keep small denominations and change on hand. You need dollar bills to purchase some small items because change for larger bills quickly ran out at the stores and they couldn’t take credit cards. I try to keep at least $500 in singles stocked away and at least $100 in change. They take up more space but they can come in handy during natural disasters.

By: J. Money

J. Money — Fri, 19 Jan 2018 16:12:51 +0000

In reply to Mitchell Walker @thePouchPlan.

okay, that was GOOD haha…

I might need to share this in a future blog post, well played :)

pass me that brownie point bank account number!

By: J. Money

J. Money — Fri, 19 Jan 2018 16:06:11 +0000

In reply to jen13.

Haha agreed… Cash ain’t going nowhere anytime soon…

By: J. Money

J. Money — Fri, 19 Jan 2018 16:05:24 +0000

In reply to Frankie. HAH! It would not be, but it sure would make for a helluva experience the 99.9999% of other times in life :) I think we need to explore this!!