England UK

"Ronald Raygun" <no.spam@localhost.localdomain> wrote in message
news:cbozg.109697$wl.70824@text.news.blueyonder.co.uk...
> > "Ronald Raygun" <no.spam@localhost.localdomain> wrote
> >>
> >> have you factored in the "faff" cost of first
> >> having to go and stock your wallet with cash?
> >
> > You have to do that anyway, everyone need cash for some purchases
> > (not many pubs will take cards for a round of drinks).
>
> No, you don't have to do that anyway, or at least not as often.
>
> The whole point of payment cards is that you need to carry less
> cash about your person, to minimise the risk of getting mugged
> at all (muggers size you up and decide you're a card-not-cash
> person and so don't bother),

Well they've never bothered with me - and I usually get Ј200 out of the cashpoint on
every visit. One visit a month usually suffices.

> and to minimise your loss even
> if you do get mugged.

It's not worth worrying about unless you frequent dodgy areas. Besides the less cash
you have on you the more likely they are to get violent or march you to a cashpoint
as knifepoint.... As my friend in New York was advised - always make sure you have a
bit of cash for the muggers.

> It still makes sense to set yourself a limit of how much cash
> to have on you (or indeed in the house). That means that the
> more you spend on routine stuff like supermarket shopping and
> car fuel, the more often you have to re-fill your wallet.

IIRC my house insurance covers loss of up to Ј300 in cash, including outside the
house...

> I tend to have less than Ј50 in my wallet. On most supermarket
> visits I spend more than that.
>
> I get cash out of the machine only about half a dozen times a
> year, most of my needs are met by keeping some of the church
> collection money. One of the treasurer's perks.

You'll have your comeuppence on judgement day....

--
Andy