How Much Money Do you Carry Around?

[Dauphin]

Originally posted by DanS
Apparently, a current account is the same as a checking account and a savings account is the same in both the US and UK.

In the US, there are some other accounts, like a home equity line of credit from which you can write checks or withdraw cash using a bank card (normally, bank cards are branded with Visa or Mastercard too). Also, many stock brokers have accounts from which you can write checks or withdraw cash using a bank card.

The equivalent of such accounts are those linked to your current account. e.g you can have a current account that offsets against your mortgage, assuming it is in credit. Hence money withdrawn on the current account can be seen as effectively being taken from a mortgage account.

[loinburger]

Originally posted by Dauphin
The equivalent of such accounts are those linked to your current account. e.g you can have a current account that offsets against your mortgage, assuming it is in credit. Hence money withdrawn on the current account can be seen as effectively being taken from a mortgage account.

My direct deposit goes into a money market fund (basically a certificate of deposit without any early withdrawal penalties) that I can write checks off of. The only wrinkle is that I can't write a check for less than $250, so I've got to maintain a separate checking account for paying off things like my electric bill (and move a few hundred bucks from one account to the other every few months).

[Kontiki]

I typically withdraw $100 each time I go to the ATM, so I generally have between $100 and $0 in my wallet at any given time. I used to go almost cashless, now I find it's nice to have some money for quick things/meals.

[SlowwHand]

You mean hookers.

[Zkribbler]

About ten years ago, a guy with a knife tried to mug me. It pissed me off so much, I chased him off --

Afterwards I got to thinking how dumb that was. In fact, just a few weeks before, I had a D.A. friend of mine complain that he was prosecuting too many murder cases which occurred because the victim refused to give up his wallet/her purse.

Since then, I've always carried $1-$20 in a moneyclip in my left front pocket and my wallet with the rest of my money (if any) in my right front pocket. That way, if I'm ever mugged again, I reach into my left pocket, hand over a few bucks, and let the guy run away...meanwhile I keep my wallet with most of my money, my credit cards, my i.d., etc.

[Mrs. Tuberski]

what the hell is a fruit machine??? What u got some coins and want breakfy so drop a few coins push a button and get a banana?

[Datajack Franit]

30 euros and a credit card

[aneeshm]

Around eight to ten dollars. That's more than enough in India as loose cash.

[Provost Harrison]

Originally posted by Doddler
I have to have quite a few pound coins on me at all times..for fruit machines

Still at that filthy habit eh?

[Dauphin]

Originally posted by Mrs. Tuberski
what the hell is a fruit machine??? What u got some coins and want breakfy so drop a few coins push a button and get a banana?

A slot machine. It's called a fruit machine because the icons on the slot machines were (and are?) often fruits.

[SlowwHand]

See? Doddler wants to mug all of you to support his gambling habit.

[Wittlich]

Concerning cash, I carry between $150-$200 on me at all times; but I also use my credit/debit cards as well.

[VetLegion]

~20 euros in domestic currency + debit card, sometimes less but always the card. ATMs are abundant in my city so if I need money it's usually couple of hundred meters away.

[Fake Boris]

Civilized countries have one every 50 meter or so.

[VetLegion]

Maybe they're more dense even here. However, only if you withdraw from your own bank's ATM you don't get charged a fee. If you draw from another bank's ATM you get charged ~2.5 euros or so. I can usually find my bank's ATM nearby, which is the main reason I'm using this bank in the first place