Does anyone actually keep their money at home under the mattress?

Pink.

Hi MoneySaverForever,

Now that you've had some input from the Old Style board I've moved your thread over to the savings board to see if you can get more replies.

Pink

King_Of_Bling

Some idiots don't even have £1.50 to pay for a sandwich, and have to waste everyones time to pay via debit card.

noh

King_Of_Bling wrote: »

Some idiots don't even have £1.50 to pay for a sandwich, and have to waste everyones time to pay via debit card.

Which is often quicker than paying by cash.
Anyway do people actually pay that much for a sandwich?
You can make several days worth for that.

Red_Cat

£1.50 is cheap for a sandwich, I normally make my own, but if I end up having to buy they cost £2.75 upwards at my works cafteria.

Back to the money storage thing, I guess whatever suits people is what they do. I leave a bit at home in cash (around £100) for emergencies, otherwise I have about £20 in my wallet and that's it.

Petrol, shopping, etc. goes on my cashback or reward credit card.

zippychick

King_Of_Bling wrote: »

Some idiots don't even have £1.50 to pay for a sandwich, and have to waste everyones time to pay via debit card.

How very impatient of you. Maybe they prefer to be more financially savvy and pay by card , rather than taking out £10.00 and wasting it on a load of carp. :money:;)

aliasojo

King_Of_Bling wrote: »

Some idiots don't even have £1.50 to pay for a sandwich, and have to waste everyones time to pay via debit card.

I use a cashback card for as many purchases as I can.

So whilst you're paying £1.50 for your sandwich and saving all of 2 seconds in the queue, I'm spending an extra 2 seconds making my money work that little bit harder for me. At the end of the year, I can dine out in a seriously posh restaurant off the cashback if I want to, all because I was an 'idiot' in a queue.

Edinburghlass_2

I have a Marks credit card and the most recent offer from them was 500 points if I used my card in the food hall on four different dates. I took up this challenge to gain my 500 points (£5 voucher) for the least amount of money possible as well as it being on something I like. I started with a scone at 59p, then a roll at 39p, then a tomato at 27p and finished with a single plum but failed with that as it cost me 33p! Stupidly I bypassed the new potatoes where I'm sure I could have bought one for less than 33p but I did enjoy the challenge of being that idiot in the queue albeit at the self service tills

I seldom use cash preferring my cards but I do have some cash hidden in the house although not under the mattress.

Ark_Welder

The_Thrilla wrote: »

"Unlike paper money [gold] is proof against inflation.




LOL. If you say so.

Gold is not PROOF against inflation, or even capital erosion. Check its history going back more than just the last 10 years.

atush

My FIL used to keep money stashed in the house. Don't knwo if it was under the mattress though.

But when my MIL found it she was really really mad. They were 85 (she wnet on to live to 95) and she said she was always scrimping and saving and then found he ahd all that in the house.

We were mad, only because of the threat from burglars. Burglars know that older people do this, which is one reason they are targeted.

Saturnalia

It's rare I have more than £10 in cash on me. If I had a pot of notes at home I'd think there was loads of money there and keep dipping until it was gone. Same as cash in my purse, I just waste it, especially if it is coins. (It would be interesting to work out one of these days just how little of my money I actually touch as cash.)

Not only that but the number of times I've had an emergency £20 note at home, somewhere out of the way so it isn't tempting me, and when I've needed it I can't remember where I put it. (And nowadays, the kittens would probably find it and shred it!)

The only thing I do have like that is a tenner tucked in behind my Oyster Card so if I have an unexpected journey to make I've got the fare. I temp and often my agency calls me at 8:30 with work for that day, if my bank account had run dry I wouldn't be able to get there and would have to turn down a day's work and wage and I can't afford to do that (either in terms of money or looking unreliable).