Why You Should Always Carry $20 in Small Bills
Between credit cards, debit cards, mobile payment apps, and even Bitcoin, it's getting easier than ever to go totally cashless. Unfortunately, doing so leaves a lot of people who rely on small cash tips out in the cold. Cash is king, especially around the holidays.
It's not all that surprising that people don't carry cash anymore. It's flat out convenient. As mentioned recently by the New York Times , surveys suggest that only 50% of Americans carry cash with them (and only half the time), and most people prefer other methods of payment over cash . Why go to the ATM if you don't need to, right? Well, that convenience often spells trouble for doormen, delivery drivers, open bar bartenders, hotel housekeepers , elevator operators, valets, manicurists, or anyone else who's not usually tipped via digital means, yet relies on cash tips to make ends meet.
Fixing the problem is easy, though: carry some cash, even if you don't think you'll need it. You don't have to carry around fat wads of cash with you, just always have a few small bills on hand. Around $20 in ones and fives is probably more than enough while you're out and about. If you can, plan ahead and make getting cash part of your routine. Is there an ATM on the way? How about a supermarket that offers cash back? Grab a soda and re-stock those cash reserves just in case. Or do what I do and just keep a stash of ones and fives in a box at home, then restock your wallet as needed. I go to the bank maybe once every few months. It's really not a hassle. In the end, you'll always be ready to do the proper, kind thing, and you'll also be prepared when you encounter a tasty-looking food stall or restaurant that's cash-only.