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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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Can someone please define "cash", please? To me it just means money. I think cash may come in different forms just like money can come in different forms.
One goat is worth three chickens. Is that cash? |
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Anything else - checks, debit cards, credit cards, goats or chickens would not qualify as cash.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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cash Definition I found this confusing: Quote:
Is there a legal definition somewhere? I found this insightful: Re: What is the appropriate definition of "CASH"? Quote:
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no I do not smell my money but I do like feel of money
which is weird as I am a clean freak and know its full of germs and I once heard that all paper money has white drugs contaminating it I also like looking at stacks of money in my job I have to count huge amounts and you know it never gets boring LOL |
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I usually favor the cc myself, especially for large purchases (a little more protection there as well as the paper trail), but I have to admit that it IS easier mentally to use the cc than to hand over a stack of hundreds. Anyone else think that this tendency towards card use contributes (for SOME people, obviously not all) to their overspending? It's much easier to rethink a purchase when you see the cold hard cash leaving your hands.
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Yes, but that is shorthand for "Cash and cash equivalents".
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I have to agree with Yogi Berra, "cash is almost as good as money"!
I like cash in that it allows me to be off the grid as it were. I sometimes become very troubled knowing that any and all my purchases are being monitored and logged by businesses. I like my privacy and go to greatlengths to protect it. A cashless society seems Orwellian to me. Unlike the commercial I am going ot use cash to purchase coffee in a shop! Pencil and paper allow me to keep track of purchases. It works well thank you. Just my .02 cents. ![]() |
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In bookkeeping and finance, cash refers to a current asset account
The accounting definition is different than what we are all talking about. When non-accountants say cash, they mean coins and dollar bills.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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Come now. A chicken is worth at least a coffee AND a few donuts.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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