What is the most amount of money

[wew]

The most I cash I ever had on my person was $40,000 in Italian Lira. Our high school was in Rome for a week for a soccer tournament and our coach decided since the odds of my getting in any game were zero, he gave me the money belt with all the money we needed to pay for hotel, transports, and meals. It was an interesting week, and I didn't lose a lira. Glad when I didn't have to carry it any more.

Otherwise, I usually carry under $10.00.

 

[auntiehill]

I usually carry only about 10-40 bucks, as I almost always use a debit card. The only time I carry more is when I'm on vacation or entertaining my nephew.

My parents paid for their Avalon in cash. They had cashed in some bonds, put in checking and then wrote a check for the car, in full. They also paid off a huge chunk of their mortgage that way--sell stocks, put that in the checking account and then wire it to the bank.

I will NEVER have that kind of cash available, sadly enough.

 

[Lindley]

The most I cash I ever had on my person was $40,000 in Italian Lira.

Oh, 40000 dollars in Lira. For a second there I thought you meant 40000 Lira, and I was going to ask what the big deal was.....that's about $18.

 

[RoJoHen]

I have regularly had $1000-2000 on me. Most of my income was in cash tips, so I would let it collect until I had a large enough quantity to warrant taking it to the bank.

 

[RJDiogenes]

I usually have somewhere between $50 and $100-- $86 at the moment. That usually seems to be enough. I don't think I'd be uncomfortable carrying more, as I'm not especially worried about being cold-conked and robbed, but it's not really necessary to carry more.

 

[wew]

At that time it was something like multiple millions in Lira; when I lived in Italy the exchange rate went from a low of about 650 lira to a dollar, to almost 2 mille as a high.

Nowadays, I'd probably carry less than 20 euro in Rome.

 

[John Picard]

I usually carry only about 10-40 bucks, as I almost always use a debit card. The only time I carry more is when I'm on vacation or entertaining my nephew.

My parents paid for their Avalon in cash. They had cashed in some bonds, put in checking and then wrote a check for the car, in full. They also paid off a huge chunk of their mortgage that way--sell stocks, put that in the checking account and then wire it to the bank.

I will NEVER have that kind of cash available, sadly enough.

Oh yes, you can. http://www.daveramsey.com
By next summer, I plan on selling the current house I'm in and downsizing where I'll pay enough to either have no mortgage or else have a mortgage under $10,000. I have no other debt. After that, a large percentage of my income will be put into my 401K, IRA, and other investments. It's been a bitch to control expenses and get out of debt (and especially not to incur new debt), but with patience, you can get there.

An acquaintance of mine is 42 years old and is *retired*. He has zero debt and lives well below his means, which empowers him to go and do as he pleases.

 

[Mr. Laser Beam]

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

Saturn works that way, at least they did when I bought one (this was 1992).

 

[Scout101]

except it doesn't work if the rest of the industry doesn't follow suit. You just end up taking their No Hassle price to another car company, and they beat the price on one of their models.

Although, in principle, it's a good idea. It's retarded that something like a car has such a mystery for a price, and you have to play these games. Just tell me what the effing thing costs. Same deal having to "haggle" over a mattress. Just stupid.

 

[kes7]

Once I carried a $275,000 cashier's check with me for the day until I could deposit it. I have rarely been so scared!

Normally I carry no cash at all. There's nothing I need to pay for on a daily basis that can't be gotten with my credit card, which is paid in full every month and earns 3% cash back. Plus its easier to track my expenditures on the card.

 

[Trippy]

Anywhere from 20 to 60 dollars for smaller purchases, and debit everything else.


It's the Canadian change that weighs down my wallet, not the bills!

 

[kimc]

I usually carry around $40 for "coffee money" and use my debit card for other stuff. The exception is when I'm going out with friends - it's just easier to pay up with cash when the bill comes.

 

[NCC1701]

Usually I don't carry around more than a couple of hundred NZ$, though when I bought my new car in January I had $7100 in cash. It's amazing how much space that amount of money takes up in $100 and 50 notes!

 

[RoJoHen]

except it doesn't work if the rest of the industry doesn't follow suit. You just end up taking their No Hassle price to another car company, and they beat the price on one of their models.

Although, in principle, it's a good idea. It's retarded that something like a car has such a mystery for a price, and you have to play these games. Just tell me what the effing thing costs. Same deal having to "haggle" over a mattress. Just stupid.

Exactly, and it's for this reason that car-buying can be a stressful situation for some people. I'd rather everything just have a price tag.

 

[BigFoot]

I usually have up to 150€ in my wallet. I do put more in there if I plan to buy something. Like back in December I bought a D-SLR. Because they had a 5% discount on cash, I had 700€ in my wallet for an hour or so.

 

[Lonemagpie]

Comfortable with? couple of hundred. The most I ever carried on me was several thousand pounds of a charity's money to deposit in the bank some years back - and you bet your arse I was carrying some concealed weapons (of the melee variety, not guns or anything) as well, for the only time ever.

 

[Danoz]

I rarely carry more than 50 dollars cash. The most I have ever carried is $3000 in an envelope when I bought an engagement ring, and I was very uncomfortable. Unfortunately I don't think I'll ever be able to sell it for what I paid lol

 

[Holdfast]

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.

Well, a fair bit more than that since gold was worth a lot less per ounce when he bought the house, and the house was a bit more expensive. To do it comfortably would have taken a couple of trips I'd say. But yeah, you're right, it is surprisingly doable, as I said.

An acquaintance of mine is 42 years old and is *retired*.

I'm planning on effectively retiring in less than 18 months time. Well, actually, I'll be starting a business and doing some other work, but that's all stuff I WANT to do, and I don't plan on working for anybody ever again. It is something people can achieve, but it does take some forward planning (I've been working actively towards this for the past 4 years, and still have another 1.5 years to go). I guess in my case, I can do it at a younger age since I don't have any dependents and am not planning on having any, any time soon. But the principle of planning carefully should apply to most, provided you're not genuinely already on a (true) subsistence wage.

 

[Lookingglassman]

I usually carry around $20. I order most of my stuff online with a debit card and mail checks to pay my bills so I really dont need a ton of cash to carry around with me.

 

[OrionSlaveGirl]

Never more than $300