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(The Year 2012 In Review)
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|User Info||A 20+ Year Oligopoly Teeters; entered at 2012-07-14 22:20:33|
Registered: 2010-12-02 East Texas
I still have the deal with my friend who retails my antiques and decoratives through her shop by which she can offer a 15% discount for cash. We've had this deal for a year or more. She has told me of a few instances of customers leaving the shop to go get cash from a bank or ATM and coming right back to complete the purchases. Most others already had enough cash to make the smaller purchases.|
I do this because
1) Antiquers l.o.v.e to haggle over price. I hate it, but I don't deal with the public directly, so this saves the inconvenient phone calls and texts from whoever is minding the store.
2) The merchant fees were getting too expensive for my friend, so I wanted to stop the plastic for my sales.
3) I wanted to help train people to prepare to deal in cash when shopping at that store.
4) It feels so good to deny the banks and processors the bite they want to take. It is so satisfying to know that I am not feeding those rent seekers.
Likewise, almost all of my purchases are made in cash. I use 3-4 checks a month for the bills I pay by mail. Otherwise, it's dead presidents all the way.