I’m someone who almost exclusively pays for things digitally, but even I agree that getting rid of cash is a horrible idea. The Internet goes down, electricity goes out, but you’ll never not be able to pay for something with physical currency. It is absurd to try and abandon it if only for the fact that it is a foolproof backup.
Heck, there are people in Hawaii right now who desperately need propane but they can’t get it because the dealers are only accepting cash. One of the best bits of advice I ever got was to have a small emergency fund of cash on hand - and to make sure that it includes lots of small bills because a lot of places aren’t going to be able to make change.
I’m someone who almost exclusively pays for things digitally, but even I agree that getting rid of cash is a horrible idea. The Internet goes down, electricity goes out, but you’ll never not be able to pay for something with physical currency. It is absurd to try and abandon it if only for the fact that it is a foolproof backup.
Heck, there are people in Hawaii right now who desperately need propane but they can’t get it because the dealers are only accepting cash. One of the best bits of advice I ever got was to have a small emergency fund of cash on hand - and to make sure that it includes lots of small bills because a lot of places aren’t going to be able to make change.