Do you always remember how much cash you have in your purse?

Malaysia
November 6, 2012 7:57am CST
Sometimes I do and sometimes I don't. If I know I need money to pay for something, I usually will go to an ATM machine and withdraw some cash. I have cancelled all my credit cards because I don't like paying for the interest anymore, only enriching the unsympathetic banks. For online payment, I use a debit card. I have this habit sometimes of going out thinking that I have cash, when I don't or I remember I don't have cash and need to make a stop at the cash machine, but I've totally forgotten about it. One time, I entered a restaurant with my sister and ordered food and just when I was about to finish my meal, I remembered I didn't have cash. Luckily, I am a regular customer of the shop and the ATM is so close to the restaurant. I was very very embarrassed! Just what is the minimum amount of cash should we have in our wallet or purse? Enough to pay for food at a standard restaurant, what about when we need to buy petrol? Cash is still king when you want to buy something in your local community. What you think mylotters?
2 people like this
6 responses
@kokomo (1867)
• Philippines
8 Nov 12
Yes you are right. Sometimes I don't count my coins on my purse but at the end of the day I always find time to count my peso bills. I also notice nowadays that most form of payments now are done online and on cards. It is quite convenient anyway.
• Malaysia
9 Nov 12
That's right kokomo. I usually do not count how much exactly I have, I just roughly calculate how much I have spent and then I deduct that amount from what I initially have before spending. But there are times I lost track of how much I have spent... Sometimes I can be very forgetful... When I do calculate, I will dump out all the content from my wallet/ purse on a table so I can find my money (some are hidden between receipts and bills). If this happens it means that I really really am in need of money.
7 Nov 12
You should remember how much cash you have otherwise you either have too much cash or aren't careful enough with what you do have!
• Malaysia
9 Nov 12
Hi RichardUk, Yes, you're right. Sometimes I remember how much I have in my wallet but sometimes I forget and that's when I get myself into trouble, very embarrassing indeed.
@beamer88 (4259)
• Philippines
6 Nov 12
I'm always making sure that I have sufficient amount of cash with me before I leave the house. I had a few embarrassing incidents in the past wherein I thought I had sufficient money in my wallet. And so I had to borrow from friends to pay my bill. But The amount vary though depending on what I would be doing for that day. I still use my credit card to pay for petrol and grocery, but I always make sure to pay the full amount on the due date. There wouldn't be any interest since I didn't revolve the credit.
@puccagirl (7294)
• Israel
6 Nov 12
I usually have some kind of idea, like if I have a lot, very little or none at all, but I am not always sure of the exact amount. But yeah, there definitely have been times when I have been in situations like the ones you mentioned, so I could get better at this for sure!
@Bhebelen14 (5194)
• Philippines
6 Nov 12
Hi micha, I always remember and know how much cash I have in my wallet every time i go out because i always want to pay in cash rather than using my ATM or credit cards to avoid any hassle.
@mariaperalta (19073)
• Mexico
6 Nov 12
I sure do. As there usually isnt much in there. makes it so easy to know how much I have in my purse. I have 200 pesos there now. About $16.00 in dollars.