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The annoying thing about cash isn't the cash, it's change. Coins are awful. They're heavy, they take too long to count, and they have no buying power. I will fr
by Thriptic 9y ago
The annoying thing about cash isn't the cash, it's change. Coins are awful. They're heavy, they take too long to count, and they have no buying power. I will frequently abandon change because I would rather lose money than deal with it / not purchase things at places that have minimums or are cash only.
I understand why users are concerned about this trend, but if you're going to be working with cash you need to round your prices to the nearest dollar and take tax into consideration when doing it.
- StavrosK 9y agoSeriously? You'd rather round items up to the nearest dollar, so you spend a maximum of $5 more when buying ten items, than to just leave the extra change to the cashier? Of all the suboptimal solutions...
- Thriptic 9y agoEdge case. How many times have you done business at a place that is cash only where you bought more than a few items? The majority of the time rounding up is a great solution because it means the cashier doesn't waste time counting change and doesn't have to account for revenue not matching sales. Having a count thar does not come out cleanly at the end of the day is a major inconvenience depending on the business.
- StavrosK 9y ago> How many times have you done business at a place that is cash only where you bought more than a few items? Literally every time, but I don't live in the US. > Having a count thar does not come out cleanly at the end of the day is a major inconvenience depending on the business. Then round up at the end of the sum.
- ghaff 9y ago>They're heavy, they take too long to count, and they have no buying power. Depends on the currency. In Europe--both pounds and Euros--coins are pretty significant. Of the currencies I use, it's mostly the US where change is often a small denomination annoyance because, for whatever reason, we collectively decided some time around 1950 that we were never again going to change either the paper money or coin denominations in wide use.
- 0x445442 9y agoWe pay cash for most non-fixed costs in our house so we collect a lot of change. We put the quarters and dimes it in one big milk jug and the nickels and pennies in another. Once every few months we take the quarters and dimes out and roll them up and that doesn't take too long. With the pennies and nickels we just pay the ~10% counting fee to Coin Star.
- walterbell 9y agoNo fee if you get an Amazon gift card
- redblacktree 9y agoYou might check with your bank on counting the coins. My credit union provides counting machines as a free service.
- 0x445442 9y agoThanks, I'll check that out.