What is the most amount of money

[Franklin]

^A lot of places these days have "no haggle" policies as well. The sticker price is the price you pay, no exceptions.

Bullshit. In a recession, any place that doesn't haggle is foolish. Geez, some of you are so caught up in this "it isn't done like that anymore" mentality Pull out some green and watch salesmen and sales managers jump.

This is true. If one is into negotiating, you can still get a better deal that way. The "no haggle" approach tends to be for people who just don't want to go through that.

But I still don't see the logic in showing the green up front. It seems that if you say right away you're going to pay cash, you won't get as good a deal for the reasons I said above.
If I were paying cash (either from savings or a bank loan) I wouldn't say anything about it up front. Let them think I'm financing with them if they want to. Set a price, shake on it, then when they direct you to the loans manager, say, "That won't be necessary, I'm paying cash." Then see the look on their faces when they realize the money they gave up up front isn't coming back in interest payments.

But frankly, if I've got $20,000 cash in my pocket ready to be spent, I'm not spending it on something that depreciates. Regardless of my deal, that new car is worth $2000 or $3000 less than I paid for it the moment I drive it off the lot.
I'll take my $20,000 cash and put it into remodelling a kitchen or bathroom. Or I'll invest it. Get a return on it.

 

[LitmusDragon]

On vacation I might carry around about $200 in my wallet.

Day-to-day I rarely have more than $40. The only thing I use cash for is fast-food, vending machines, and for the tip jar at a takeout place.

 

[ShamelessMcBundy]

I don't carry money around at all. Plastic for me.

 

[Gryffindorian]

US$60 tops. On most days, I carry about $40 in cash.

 

[Haggis and tatties]

£20/£40 max, debit card for most daily things and credit for a bigger purchase.

 

[Captain Shaw]

At the moment i am being paid in cash and yes i am paying tax on it so about £187.

 

[mari]

I think at the moment I've got about $8 cash in my purse, but that's rare for me. Everything goes on the debit or credit cards (and I track all my purchases in QuickBooks, because I still write checks for some things and sometimes people take their sweet time cashing them). I don't feel comfortable with more than $100 on me and can't even think of when I might carry that much these days. On vacation, I'll get traveler's checks in small denominations for the random clam shack that doesn't take plastic.

The lawyer I used to work for would get paid cash frequently, and I would be nervous taking several thousand just across the street to the bank. I was even more nervous when he would "hide" the money in the office if it was after bank hours!

 

[ByrdMan]

A long time ago, I worked at the 14-plex at the mall of america, and would do the deposits for the day. They'd usually hold everything until the end of the day, so on busy weekends it was pretty common for me to me walking through the mall with thousands of dollars hidden in a candy bag. Never really made me nervous. We had the option of being escorted by security, but I never did.

For the most part now, I hardly ever carry cash and put everything on a credit card. If I do have cash, it's usually not more that $40. In special situations, I might take out between $200 to $1000, depending on what I'm doing.

 

[Sledder]

I used to make it a rule to have $100 on me, but lately that's been lasting me 3 plus months since 99% of my purchases are on plastic. So I've cut back to $40 or $50 cash on hand.

Honestly it's very rare that I need to use cash.

 

[Mallory]

Day to day I usually have anywhere between $20 and $100 on me. It's usually double that when I'm on vacation or at a casino. The only time I'm carrying more than $1000 any more is when I'm buying a used car from a private seller.

 

[tharpdevenport]

Never more than what it would take to renew my auto insurance, and do what ever shopping, gass refilling, I need to on that once-a-year deal, so never more than $400.00.

 

[Holdfast]

The woman said she had the money to buy a house. Who buys a house with cash?

Coincidentally enough I was just chatting to a friend at work today who mentioned that her brother-in-law paid for his house with cash.

Correction...

He paid for it with gold.

Seriously. He would convert all his disposable income into gold bars, collect them over the years at home, and then one day he just took it all down to some big London bank and used it to pay in full for a house. He's apparently a bit eccentric, as you might guess from that story. But still, you would feel quite the big time baller, walking into a bank with a proverbial wheelbarrow full of gold.

The most I would tend to carry around on a day to day basis is about £100, give or take £50. I used to carry around a lot more, but it's just not needed these days, since I use my credit card everywhere, and the cash is just there for emergencies/small transactions.

Even things like car purchases, where I do generally pay in full up-front, I've just electronically transferred the cash directly. Most main dealers - where I buy from, because I lack enough car knowledge to trust an independent - have to closely & openly account for all their transactions, so there isn't much extra to shave off by them trying to hide the deal using physical cash instead of an electronic transfer.

 

[Kestra]

I don't really like carrying around more than $100, myself.

 

[John Picard]

The woman said she had the money to buy a house. Who buys a house with cash?

Coincidentally enough I was just chatting to a friend at work today who mentioned that her brother-in-law paid for his house with cash.

Correction...

He paid for it with gold.

Seriously. He would convert all his disposable income into gold bars, collect them over the years at home, and then one day he just took it all down to some big London bank and used it to pay in full for a house. He's apparently a bit eccentric, as you might guess from that story. But still, you would feel quite the big time baller, walking into a bank with a proverbial wheelbarrow full of gold.

The most I would tend to carry around on a day to day basis is about £100, give or take £50. I used to carry around a lot more, but it's just not needed these days, since I use my credit card everywhere, and the cash is just there for emergencies/small transactions.

Even things like car purchases, where I do generally pay in full up-front, I've just electronically transferred the cash directly. Most main dealers - where I buy from, because I lack enough car knowledge to trust an independent - have to closely & openly account for all their transactions, so there isn't much extra to shave off by them trying to hide the deal using physical cash instead of an electronic transfer.

Eccentric hell -- he's friggin' strong as an ox!

 

[Holdfast]

The woman said she had the money to buy a house. Who buys a house with cash?

Coincidentally enough I was just chatting to a friend at work today who mentioned that her brother-in-law paid for his house with cash.

Correction...

He paid for it with gold.

Seriously. He would convert all his disposable income into gold bars, collect them over the years at home, and then one day he just took it all down to some big London bank and used it to pay in full for a house. He's apparently a bit eccentric, as you might guess from that story. But still, you would feel quite the big time baller, walking into a bank with a proverbial wheelbarrow full of gold.

The most I would tend to carry around on a day to day basis is about £100, give or take £50. I used to carry around a lot more, but it's just not needed these days, since I use my credit card everywhere, and the cash is just there for emergencies/small transactions.

Even things like car purchases, where I do generally pay in full up-front, I've just electronically transferred the cash directly. Most main dealers - where I buy from, because I lack enough car knowledge to trust an independent - have to closely & openly account for all their transactions, so there isn't much extra to shave off by them trying to hide the deal using physical cash instead of an electronic transfer.

Eccentric hell -- he's friggin' strong as an ox!

I doubted the story myself, and happened to be near a PC at the time, so worked out how much it would have have weighed. It's actually surprisingly doable, provided he took a a couple of trips or so to bring it all in from the car.

 

[scotpens]

. . . I simply look at my account via my bank's website. All the transactions are there.

Online banking makes your day-to-day finances ridiculously simple. Just scroll down the right-hand column, and if nothing's in red, you're OK!

 

[Cali]

The most I've carried on me at any one time is probably about £250 on a weekend away. Usually, I like to make sure I've got at least £20 or so on me (cost of a taxi home, give or take, from most places locally I'm likely to be or to cover train fare if needed unexpectedly), but the £20 note currently in my purse has been in there almost two weeks. I use my debit card for the majority of transactions and don't have a credit card.

 

[Bears Discover Fire]

I never walk around with more than I can lose without too much pain. I've lost my cash to theft and flakiness more than once.

On the other hand, I try to keep some small bills in my wallet for emergencies. For example, with my aging car I've found myself unexpectedly taking public transit home on an occasion or two-- the bus doesn't take debit or credit. Neither do a lot of the rest stops and other places I may find myself in while travelling.

One of my favorite restuarants has a cash-only policy, so if I'm hungy I better have a few bills on hand.

 

[Chaos Descending]

Coincidentally enough I was just chatting to a friend at work today who mentioned that her brother-in-law paid for his house with cash.

Correction...

He paid for it with gold.

Seriously. He would convert all his disposable income into gold bars, collect them over the years at home, and then one day he just took it all down to some big London bank and used it to pay in full for a house. He's apparently a bit eccentric, as you might guess from that story. But still, you would feel quite the big time baller, walking into a bank with a proverbial wheelbarrow full of gold.

The most I would tend to carry around on a day to day basis is about £100, give or take £50. I used to carry around a lot more, but it's just not needed these days, since I use my credit card everywhere, and the cash is just there for emergencies/small transactions.

Even things like car purchases, where I do generally pay in full up-front, I've just electronically transferred the cash directly. Most main dealers - where I buy from, because I lack enough car knowledge to trust an independent - have to closely & openly account for all their transactions, so there isn't much extra to shave off by them trying to hide the deal using physical cash instead of an electronic transfer.

Eccentric hell -- he's friggin' strong as an ox!

I doubted the story myself, and happened to be near a PC at the time, so worked out how much it would have have weighed. It's actually surprisingly doable, provided he took a a couple of trips or so to bring it all in from the car.

It couldn't have been more than about 10 or 20 pounds of gold.

14 troy ounces to the pound, at about $1000/oz, means that a $200,000 house (for example) would be worth 200 troy ounces of gold, or 14.28 pounds.

 

[An Officer]

I'm not one to carry lots of notes around in a wallet, it wouldn't last very long that way.