this post was submitted on 29 Jul 2024
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Privacy

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I had two reasons, the first is because i found it way too easy to spend on my card without thinking, and the second because I wanted to regain a bit of privacy alongside everything else I'm doing. Ive set it up in my bank that on payday, an amount of my salary automatically goes to the bills account, some goes to long term savings, some to short term savings, then the rest I take out in cash.

It really does change my perception of spending I think: Ive found myself not buying things because I didnt want to break a note and carry change. I can physically see how much I have left. I can take £20 to the pub and leave when its finished. Plus it feels really good knowing every single transaction isnt stored forever. I have a small amount of money on a contactless ring for emergencies like a bus fare or somewhere that unexpectedly only takes card.

Is anyone else still predominantly using cash day to day?

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[–] [email protected] 4 points 3 months ago* (last edited 3 months ago) (10 children)

Heh, Germany isn't a good example. Its really hard to find a German bank that doesn't charge you money to let you take cash out of your own account.

Most countries in South America use cash for most transactions.

[–] [email protected] 3 points 3 months ago (4 children)

huh, thats not common in my experience. Most people are with Sparkasse or other mayor banks which allow for free cash withdrawals, at least in their network. You can also get cash in supermarkets o.O

[–] [email protected] 2 points 3 months ago (3 children)

Sparmasse charges a monthly fee, no?

[–] [email protected] 2 points 3 months ago

Most probably do, but thats not specific for cash and also depends on your local Sparkasse

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