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re: Ever met anyone who used cash only?

Posted on 8/17/20 at 7:27 pm to
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
22803 posts
Posted on 8/17/20 at 7:27 pm to
I had a neighbor who was like this. An old World War II vet and widower. When I was a kid, a couple of times a year he’d fly out west to visit his kids and grandkids. I’d collect his mail and water the garden for him. He’d pay me $20 in fives or and sometimes the damn things would be silver certificates! Anyway, when he died about 15 years ago his kids found about $100k stashed in various places, mostly in fives, tens, and twenties.
This post was edited on 8/17/20 at 7:28 pm
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
19122 posts
Posted on 8/17/20 at 7:31 pm to
I had an uncle like that. He made his money in cash exchanges only. Nothing illegal, but he only dealt cash. He was an old school NOLA kid. Always found ways to make money. Whether it was a fruit stand or selling water bottles during Mardi Gras. When the Packers came to NOLA for the Super Bowl, he took some wooden triangle blocks, drilled holes, painted them yellow and attached them to green beads. Make an arse load of cash. He paid for my parents’ wedding reception in cash. Too bad he passed away. He was a kind man.
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
48925 posts
Posted on 8/17/20 at 7:48 pm to
quote:

but now in my late 20s I always feel bad using cash in most places because it makes me feel like I’m poor..
. This makes zero sense.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72967 posts
Posted on 8/17/20 at 8:00 pm to
quote:

My paw paw used to show me all of the places he had cash hidden in his house in case he dropped dead suddenly. He made me remember them all.
My Grandpa had the family farm with a farmhouse on it that we still have in the extended family but he also had a house in town too.

He was on the local Bank Board and in 1965 when the new clad US coinage came out, he bought the entire bank’s stock of dimes, quarters, halves, and Silver Dollars for their face value.

When he died in ‘74 we spent months finding coins stashed about his town house.

Good times, I’ve still got a few of them.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
19865 posts
Posted on 8/17/20 at 8:12 pm to
quote:

If you pay contractors and buy tractors with a stack of cash, word gets out among the trash that the old man has cash.


This is what happened to the couple on Highland Road that was killed by the two Mexicans that worked for them. They collected cash for a bunch of their rental properties and kept it in a big safe in their house. Their foreman arranged to borrow some money to buy a truck and came by their house where the old guy went in the back and came back with a stack of bills. The foreman got his brother, went back and beat them until they opened the safe and then they killed them both and stole all the money. Tragic and those frickers need to burn.
Posted by IAmNERD
Member since May 2017
23759 posts
Posted on 8/17/20 at 8:29 pm to
My grandmother. She was so pissed when the government started doing direct deposit only for social security.

She had thousands of dollars hidden throughout the house and never told anyone. My grandfather decided to move a couple years after she died and my dad and aunt found something like $7k just in two rooms. They ended up having to unpack a lot of stuff that was being donated to go through to check for cash in like every pocket of every piece of clothing among other things.

There's no telling how much cash got left that the new owners have come across.
Posted by OweO
Plaquemine, La
Member since Sep 2009
120318 posts
Posted on 8/17/20 at 8:39 pm to
I prefer to use cash when I can. I have a gambling stash that I use for other things as well.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53116 posts
Posted on 8/17/20 at 8:47 pm to
quote:

My Grandpa had the family farm with a farmhouse on it that we still have in the extended family but he also had a house in town too.

My paw paw had 38 acres in Central/Pride but it was pretty country even in the 80s. He said it was all dirt roads in 1939 when he bought it. He told me he paid $800 for it. I think it's worth around 800-900k right now. Pretty decent ROI.

It'll be developed for a neighborhood or something like that when my dad and his sister decide to sell it. Central school districts and all.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 8/17/20 at 8:53 pm to
My FIL does this but mainly its because he doesn't want his wife to know anything about their finances and doesn't want her to have a debit card. He gives her an allowance and she's not allowed to inquire about bank accounts, bills, and whatnot.

There's no accounting for eccentric people, but generally speaking, I find that trashier people use cash for basic shite like going to the grocery store or buying food. I always assumed it was because they lacked self control to not overdraft.

Physical money is dirty as hell and its inefficient to have a bunch of coins everywhere.
This post was edited on 8/17/20 at 8:58 pm
Posted by tigergirl10
Member since Jul 2019
10686 posts
Posted on 8/17/20 at 8:57 pm to
Posted by notiger1997
Metairie
Member since May 2009
61330 posts
Posted on 8/17/20 at 8:59 pm to
My grandpa used cash mostly for most of the reasons mentioned already. He even had a old butter tub in the fridge that he kept a few hundred in. Someone that live around him eventually stole it one day.

A great grandfather used to keep cash in a suitcase under the bed.

I rarely ever use cash. The credit card rewards are just too much to pass up on for people with just a little common sense and self control.
Posted by John Coctostan
Member since May 2018
575 posts
Posted on 8/17/20 at 9:14 pm to
quote:


Buying property must have been fun for him.


Posted by BlackAdam
Member since Jan 2016
7052 posts
Posted on 8/17/20 at 10:41 pm to
I had a great uncle that went by cash only. He owned a general store. Whenever someone paid with a fifty or hundred dollar bill he just put it in his pocket and didn't record the sale.

When he died my dad and his brothers and sisters had to clean out the store, and his house because there were no children. They found envelopes with cash all over the place... under floor boards, in the attic, stuffed in coffee cans. They also found cans of silver coins all over the place because my great uncle hoarded silver coins. There were several hundred thousand dollars squirrels away.

I'm sure there is more in the walls, and probably cans of silver coins buried around the property even today.
Posted by rantfan
new iberia la
Member since Nov 2012
14110 posts
Posted on 8/17/20 at 10:50 pm to
Yeah but he spent all his money on strippers.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72967 posts
Posted on 8/18/20 at 4:28 am to
quote:

I'm sure there is more in the walls, and probably cans of silver coins buried around the property even today.
Ain't nobody here can beat the 1,427 US gold coins from the Saddle Ridge hoard found in California in 2013.

Eight old rusty cans buried on a ranch.

Wikipedia Link to the stirry

Posted by saint tiger225
San Diego
Member since Jan 2011
46496 posts
Posted on 8/18/20 at 4:37 am to
quote:

but now in my late 20s I always feel bad using cash in most places because it makes me feel like I’m poor.... like just swipe my plastic card and let me go along with my goods and services
You're trying too hard dude.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43977 posts
Posted on 8/18/20 at 5:37 am to
quote:

credit card companies aren't making their money off of us.


We own a retail store here in Bham. The transaction fees we pay for the privilege of accepting your credit card are astronomical. While my business pays that fee, it’s my customers that truly pay that.

I always get a kick out of people that think they are getting shite “for free” using their credit card points. You paid out the arse for those points.
Posted by greenbean
USAF Retired - 31 years
Member since Feb 2019
6123 posts
Posted on 8/18/20 at 5:54 am to
I only pay cash for ammunition, never leave a way to track it (I don't own any firearms either...).
Posted by Gnash
Cypress, Tx
Member since Oct 2015
10013 posts
Posted on 8/18/20 at 6:09 am to
When I was a bartender and coming home with cash every night, I would deposit large bills in my bank and keep 1’s and change (usually $50 in ones/per shift and a few bucks worth of change) in a shoebox in my closet. I’d take the shoebox to the bank at the end of the month and use it for rent money. Bank tellers probably hated me but oh well.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/18/20 at 6:48 am to
(no message)
This post was edited on 8/18/20 at 6:48 am
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