Cashless Society - 5
What’s your cash quotient?
That’s right, your cash quotient.
How much cash do you carry with you at any given time?
One dollar? Five dollars? Twenty five? Five hundred?
Is your security based on how much cash you carry?
As we move toward a cashless society, I ask you to be conscious of your cash quotient.
My cash quotient is zero.
In other words, I rarely have any more than some random change in my pocket. Here are the benefits of this:
- When my kids come ask me for money for silly stuff, I pull out my wallet, lay it open in front of them (seeing is believing) and beg poverty.
- When a street person asks for money, I drop in a quarter or dime, and plaintively say that’s all I have.
- I don’t have to worry about putting my pants in the wash with a pocket-full of paper money
- My days of being a pickpocket mark are over. (Yup, been there, done that)
- 1.I save myself a lot of stress when paying for something by not having to rummage around for money, figuring out if I have enough, waiting for change, and so on.
How do I pay for things?
I use my debit card – that’s right, not credit card, debit card.
I believe the debit card will be the forerunner of more advanced technologies to come.
In the meantime, try it, get used to it, you’ll like it!!
By the way, as a preview to a complete overhaul of the current tax system, I invite you to download my report “Done with Cash” for free
Tags: Banking Crisis, Cashless Society, Corney's Model, Financial Crisis, Geithner, IRS, Stimulus Bill, Taxes
