Bracket Talk
Cash or Credit?

This topic can be found at:
https://drr.infopop.cc/eve/forums/a/tpc/f/75460652/m/3617031207

December 14, 2024, 01:41 PM
Alaskaracer
Cash or Credit?
Runaway gun....... Laughing Hard


Mark Goulette
Owner/Driver of the Livin' The Dream Racing dragster
www.livinthedreamracing.com
"Speed kills but it's better than going slow!"
Authorized Amsoil Retailer
December 14, 2024, 02:09 PM
Mike English
Mark, your posts are classic


L8R, Mike

December 14, 2024, 05:09 PM
BP758
quote:
Originally posted by Canted Valve:
quote:
It would not appear so....

BP is not only a little slow with sarcasm, he doesn't understand the ways of Alaskans.


CV,,lol! He’s a transplant. It’s like moving from Ca to anywhere, don’t bring ca or your ca voting here!


California Screaming!
Raceless in California!
December 14, 2024, 08:26 PM
wideopen231
What are these guns you folks speak of> If I bought anything like that I would use cash. Everything is traceable now days but no reason to ake it too easy.




America home of free. Brought to you by 2nd amendment.
December 15, 2024, 09:00 AM
BP758
quote:
Originally posted by wideopen231:
What are these guns you folks speak of> If I bought anything like that I would use cash. Everything is traceable now days but no reason to ake it too easy.


Investment in Iron!
I have.


California Screaming!
Raceless in California!
December 16, 2024, 07:37 AM
slantzilla
I carry very little cash. I use cards for most everything, and pay off the balances every month. I like cash back, and get $300-$400 a year for basically nothing.
December 16, 2024, 09:07 AM
wideopen231
OP not asking which use for every day stuff. What do you use for firearms or ammo is question. Card easier to trace purchases is main point.




America home of free. Brought to you by 2nd amendment.
December 16, 2024, 11:46 AM
Goob
quote:
Originally posted by slantzilla:
I carry very little cash. I use cards for most everything, and pay off the balances every month. I like cash back, and get $300-$400 a year for basically nothing.


That cash back comes out of the merchant's account.

I have an Amazon card that gives 5% back on Amazon purchases, I don't mind that.


"Despite the high cost of living, it remains popular."
Dave Cook
N375
December 16, 2024, 01:25 PM
markemark
quote:
That cash back comes out of the merchant's account.


I don’t believe so. They pay x% of the sale to accept a CC payment no matter what. I take advantage of this when every possible and average over $1.5k in cash back yearly.
December 16, 2024, 03:54 PM
BTR69
quote:
Originally posted by wideopen231:
OP not asking which use for every day stuff. What do you use for firearms or ammo is question. Card easier to trace purchases is main point.


Good point. As far as firearms, I still prefer to use cash, even though it's easy enough for govt to use the purchasing paperwork to see who's buying what. Ammo, I'm strictly cash. Let those who may want to track my purchases wonder if I have 1 bullet or 1,000,000 bullets.


William Kilduff
1970 Barracuda
1968 Camaro X2
1968 Caprice
1964 F100
December 16, 2024, 04:24 PM
Canted Valve
quote:
I carry very little cash. I use cards for most everything

No one can question the ease of using plastic, and thus many do. You might want to consider the concept of "paying it forward" and use cash as much as possible. Why? Are you aware of CBDC and it's ramifications? Once that threshold is passed there won't be any going back.


Illegitimi non carborundum
December 16, 2024, 08:23 PM
Goob
quote:
Originally posted by markemark:
quote:
That cash back comes out of the merchant's account.


I don’t believe so. They pay x% of the sale to accept a CC payment no matter what. I take advantage of this when every possible and average over $1.5k in cash back yearly.


No sir, the merchant pays 1.8 % up to 7 % depending on the card and processing service.

We were losing over $2 K a month in fees at our little tire store, on Discover mostly, and we didn't accept Amex at all.
I instituted an automatic 3 % fee on credit cards, and you should have seen the debit cards coming at us. The debit card fee is a nominal transaction charge, no penalty to the merchant.

Eeeerybody likes that cash back until they have to pay. Eek


"Despite the high cost of living, it remains popular."
Dave Cook
N375
December 16, 2024, 09:52 PM
markemark
quote:
Eeeerybody likes that cash back until they have to pay.


Last November I purchased new tires online from a major tire seller/ installer. I was given a $100 manufacture rebate, a 5% veterans discount, and at no time was I offered a discount for not using a credit card, or an additional charge for using a credit card. The card I used pays 2% for all purchases no matter the merchant.

I don’t own a Debit card, but if one offers a discount for not using a credit card I do have a checking account and can pay that way. You’d be surprised how many people don’t have one of those. I carry less than $100 cash.


quote:
No one can question the ease of using plastic, and thus many do. You might want to consider the concept of "paying it forward" and use cash as much as possible. Why? Are you aware of CBDC and it's ramifications? Once that threshold is passed there won't be any going back.


The money I receive monthly does not show up in a box with $100 /$50/$20/$10/$5/$1 in Federal Reserve Notes and change in it. It’s digitally transferred to me from the payers to my bank account.
December 17, 2024, 12:18 AM
Canted Valve
quote:
The money I receive monthly does not show up in a box with $100 /$50/$20/$10/$5/$1 in Federal Reserve Notes and change in it. It’s digitally transferred to me from the payers to my bank account.

Many if not most major payments are made electronically these days. Just as one use to go to the bank to cash a check, one can go to the bank to withdrawal cash. Of course that's inconvenient and time consuming so most won't make the effort unless they're committed to the cause. Most of my cash is from checks for dividends, IRA distributions and other such sources. Any online disruptions of up to a month would not effect my local purchasing.


Illegitimi non carborundum