- Joined
- Jun 7, 2008
- Messages
- 2,261
- Display Name
- Andrew, CFI-I
There’s been enough burned already. And not sure why cash is “antiquated”. Certainly not around here.
Even though I grew up in a cash-only society, carrying cash makes me uneasy. I honestly can’t remember the last time I had more than $100 in my wallet. I’ve also lost cash before - most memorably when I sold an old car and the buyer paid in cash. I left the money in my other car, planning to deposit it soon, but that money was stolen before I made it to the bank.
Yes, I know - I don’t lock my car or my front door. One could argue that I should be more vigilant of theives, but that simply isn’t my nature. For me, a check or an electronic payment - Zelle, Venmo, PayPal - works far better. I understand that some people prefer cash, and that’s perfectly fine; it’s just not convenient for me.
When I give flight instruction, some students have tried to pay me in cash, but I usually ask them to send it electronically if possible. Otherwise, I have to make a special trip to the bank. We’re typically talking about $50 or $100 here, not the several thousand dollars a DPE might collect in a single day. I assume DPEs are either making daily bank runs. or saving the cash under a pillow. I can't imagine that it is super convenient for them either.