Re: Abolition of Cash
Originally Posted by
Mups
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Morning Foxy.
Yes I keep receipts and write it in a little 'accounts' book when I get home too.
It's just with cash, if I haven't got enough on me, I don't treat myself or buy extras, but with my card I find it all too easy to buy it after all.
I probably just need more will power.
I know what you mean Mups. I used to like getting my wages in a little brown envelope and when it was gone, it was gone....Until next week...
Cards are fine but they lure you into a false sense of security because it's so easy to pay for stuff. The difference between then and now is; Then, there was hardly any credit. It was possible to take out hire purchase, but it was always more expensive and was usually reserved for the necessities of life, plus you could get money knocked off for cash......
These days, most people live on credit, companies would prefer you use credit to buy things, they get a bonus off the credit company for using them. The price of most items now is usually expressed as 'Interest free credit' and you have to struggle to see what the full price would be. We are being pushed into a world of spending money we don't have. 'Buy Now and Pay Later' very attractive for some, but they will never be out of debt.
Of course, the biggest winner of all are the banks....Once upon a time you only saved money in a bank, but with the introduction of the 'Current Account' they are making money hand over fist. They employ thousands of people compared to yesterday; most of which are in security because most of the admin is taken care of automatically by computer. Hence the reason why it's almost impossible to talk to a person anymore.
By switching from cash to card we have created an unstoppable global industry like a snowball gathering momentum as it rolls down a hill. An industry which is cold, unforgiving and heartless, contrary to the soft, fluffy, helpful, family orientated institutions we see in the adverts, with scenes of horses and little girls running along sandy beaches. But the truth is; They are not your friends, they are global, and only notice you when you owe them money...