living off cash?

I cannot stand banks. I hate them. Bad enough I have to deal with Chase and all their bullshit with my mortgage for the next 30 years or whatever. I want to close ALL my bank accounts and use straight cash to pay bills. I understand the convience of having accounts to pay things online but I live close to all my utility companies. Anybody go straight cash? What are the drawbacks?

I can think of three straight away...

1) Getting into a scrape when someone finds out
2) It's a helluva lot easier to spend
3) If you do ever need credit, or have to have a credit check (new job for example), you are pretty well hosed.

https://www.youtube.com/watch?v=07G23zMGa4g

you can get one of those "bank" or whatever cards if you wants a credit card so u can load $ on there. and then pay your bills with money orders. places in vegas dont even charge for money orders

if you live close to the places you can go in person to pay a bill. not a bad idea

try using a small bank with 2/3/4 branches or a smaller credit union .... they are much better.

i dont know why net$pend" switched to bank in my original post

if  you're a drug dealer it works

I dont have any credit cards.....justa a debit card. I pay cash for everything. simple concept, pay for what you can afford.

how much money are we talking about here?

300-400 ..... or 1500-200 .... or 20k+??

Sounds childish to me.

i cannot think of one reason to switch to only cash, this coming from someone who uses cash a lot.  certainly you know what FDIC is?

 

I wouldnt be carrying thousands on me, maybe 1k for a dew days or so. I spent more swiping debit/credit cards than cash. For me, seeing my cash dwindle down makes me rethink any purchases. The credit thing doesnt worry me. I have a house note and had auto loans that have been paid off. My credit is in good shape even though I dont have any balances except my house.

I looked into it. I dont qualify at the CU here because I dont work in the parish

seriously .... theres one answer.

if you have more than 1k use a bank. find a good one.  

simple.

how ya been amd? Just getting back on covers for the first time in 8 months. Hope ya been killing it.

the smaller ones are better.

or at least mine is. you have to keep looking until you're happy.

these days you need a bank and a checkings account.

the big banks are brutal though. my experience with bank of america was awful .... could not have been worse.

so .... i hear ya ... but you need one.

good ol big brother keeping an eye on us ( by that i mean ... ie: the american gov't etc )   

^^ have to be specific around here.

 

 

I know it sounds stupid and im just a little drop in the ocean to Chase but they have left a bad taste in my mouth. I hate being treated like shit. That goes for all my dealings with these fortune 500 banks. I guess I should just switch to a local bank and see how that goes. I really wanna try this cash only thing for myself and see what its like. Closing my chase account Friday once my last payroll deposit hits

the thread title should be ... WTF!!!! Are you guys having any problems with the big banks???????

and then you could tell us a story about how you had a big bank and for some reason you had to call them ..... then ..... go on a 25 minute rant about how dumb these people are ..... then ..... tell us about how they passed the phone around to 15 people making you wait 20 minutes each time .... so .... it ends up being a 300 minute call and at the end of it you didnt get an answer.

and ..... ^^ all of this is happening during your lunch hour when you're supposed to be relaxing.

you too?

(ive seen a lot of these threads popping up lately)

 

EXACTLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

soba  

Credit is a great thing to build. In my opinion just paying cash or debit is retarded...if you have good discipline use your credit card and pay it off appropriately...but if you are compulsive, don't take this advice. I use credit cards to build my credit (I am only 23) but that one day you wanna throw down for something big like a house or a car, you want to have a good credit score man, Interest rates suck but it is well worth it if you plan on making big steps in your life, at least thats what my dad taught me. I am no Confucious but my dad is as wise as they come in my book and he is doing well for himself and have the utmost respect for him when it comes to financial matters. Debt sucks, but at the same time I believe that it will be the thing that saves you in the end IF you are able to take care of it responsibly, by no means am I a financial wizard but hopefully this all make sense to you, Best of luck to you my friend 

That are advantages and disadvantages to both sides.  Your perception matters as to what is the most important.  

I'm dealing with this shit right now. I need to get a payoff amount because i'm closing on a 3 family Thursday.

Should be a 5 minute process ........ Right?

Honest to god this is going to take me 3 hrs to get a payoff amount.

I need to have my attorney sign this .... i need to fax them a letter giving permission to release the information to the closing attorney .... I need to ..... Blah fucking blah.

Its like they have never done this before.

Unfuckingbelievable.

 

been doin it for 15 yrs...

"straight cash homey..." rm

luv in the beginning of the movie empire when he buys a 17k necklace all in big faces...

transformed my game the past handful of yrs with credit and a protfolio to play "their" game,  but i am resorting back to my ol school methods again and will juggle when needed...ty taxman...

gl to ya. its just a lil more leg work but as timmy said ya need to be able to have the option to play in "their" game as well for the "ya never know" scenerios...