5
submitted 1 month ago by [email protected] to c/[email protected]
you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 2 points 3 weeks ago

Just a weird post to close out the old week. I recently learned that my uncle doesn't use a bank account. I think he has one now, but doesn't really use it. He's gotten paid in cash and paid for all his stuff in cash.

This is no small time operation either. He's a logger, so he's bought and paid for several logging trucks over his lifetime, and a house too. He just handles all his money in cash.

I'm almost the exact opposite, I don't touch cash unless I have to. The first truck I bought, a 1995 Ford Ranger for $13,995 was all paid through direct withdrawal from my paycheck. I really don't know if that money ever physically existed.

this post was submitted on 26 May 2025
5 points (85.7% liked)

FIRE (Financial Independence Retire Early)

1319 readers
1 users here now

Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

/c/[email protected]

/c/[email protected]

/c/[email protected]

/c/[email protected]


founded 2 years ago
MODERATORS