In todays news...

[Mr. Dazzle]

I always carry cash too, but that's another matter.

Would that he this 'walking around money' I've heard so much about?

I used to work with a guy who claimed he always had £1000 in cash about his person "in case a deal popped up".

[KungFooBob]

If you don't put your cash in the bank it's totally tax free!

[wheelnut]

I think they used to be before the tablet based readers came along. The newer internet based banks also helped from what I've heard, an good target market.

If you have a card reader as a business, the operator of the card reader takes a %age from each transaction. Which, if you operate in coffees rather than, say, tourist transfers, adds up very quickly on a small turnover

Even on a transfer business, my boss changed the provider half way through the first winter due to huge charges that took fairly significant amounts from each transaction

Hence why coffees and small transaction items always seem so expensive. Then again a 1% fee on £5 is only 5p.

[Mr. Dazzle]

Then again a 1% fee on £5 is only 5p.

At minimum wage 5p covers about 15s of work, before benefits, NI contributions etc. You don't have to spend long cashing up for the saving to be eroded (before you even start considering bank cash handling charges).

I like KFB's approach

[wheelnut]

It has made me think about starting to carry cash again...

Wouldn’t help you trying to board a plane or get a train ticket - just shows how susceptible we are to single points of failure. You can put your server warehouses from here to Timbuktu to minimise geographical risk, but if they all update with the same patches at the same time…

The issue with security software is that it has to go out quickly, often, it seems, without proper testing.

[Mr. Dazzle]

I was really surprised one patch hit so many things TBH...or rather, how many seemingly unrelated companies/services use the same IT.

[cheb]

I always carry cash too, but that's another matter.

Would that he this 'walking around money' I've heard so much about?

I used to work with a guy who claimed he always had £1000 in cash about his person "in case a deal popped up".

Not that much, usually a minimum of enough to get a taxi back to where I'm staying or enough to buy dinner.

I also have two cards from two different banks on two different payment platforms. And if away from home two wallets both containing a similar arrangement. Lunatic prepping perhaps but it's solved small inconveniences several times now.

[Mr. Dazzle]

I didn't even remember to take my wallet out of the car door pocket when I parked up at LHR long stay and jetted off to another country

It was fiiine.

[wheelnut]

I was really surprised one patch hit so many things TBH...or rather, how many seemingly unrelated companies/services use the same IT.

It’s no surprise really. There’s only two cloud server platform providers, MS Azure and AWS. They’re aren’t that many security software providers that are designed for huge systems either.

[KungFooBob]

I spent a long weekend in Gothenburg. I have no idea what Swedish money looks like, nowhere took cash, so I didn't take any out of the ATM.

[cheb]

It usually is fiiine almost all of the time but it's a really buggeration when it's not.

My habits probably got started and honed when I used to travel with both spawn when they were much younger. I surprised many a woman with my ability to cope with two small children unaccompanied by their mother.

[DefTrap]

I only use cash when purchasing stuff that's probably pinched.

[cheb]

I was in Scandawegia 5 or 10 years ago, the supermarket checkouts didn't handle cash you just chucked in a hopper. They'd done away with small coinage too, 10whatsits was the smallest.

[David]

How many whatsits are the too the pound nowadays?

[MrLongbeard]

Having had a relatively small business and had to pay those 1.5-2% charges it adds up pretty fast.

And it's passed on the the customer, 5 quid plus for a coffee.......

[MrLongbeard]

I always carry cash too, but that's another matter.

Would that he this 'walking around money' I've heard so much about?

I used to work with a guy who claimed he always had £1000 in cash about his person "in case a deal popped up".

Before covid times I usually had 800 odd quid in my sky rocket, post covid it's down to 200

[Mr. Dazzle]

Do you find many deals pop up?

[MrLongbeard]

Do you find many deals pop up?

Not any more, but that could be because I only leave the house 1 day per working week.

[Mr. Dazzle]

How many whatsits are the too the pound nowadays?

About 8DKK to the pound last time I was in Denmark (got family over there).

Fun fact...supposedly the shop Flying Tiger (formerly just "tiger") gets its name from a pun. Ti is "ten" in Danish and Ger is like "quid". So Tiger just means "10 kroner". Poundland basically

That's what my Danish relies say anyway. You have to say it in a Danish accent really, which is basically the same as pretending you're pissed.

[cheb]

I only use cash when purchasing stuff that's probably pinched.

That's what the lupara's for. It's not like the seller can complain.