Blue Money

Home Coffeeroom Shidduchim Blue Money

Viewing 31 posts - 1 through 31 (of 31 total)
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  • #1466689

    litvishechossid
    Participant

    So what’s more impressive, paying with a credit card, or laying down some cold hard blue cash? If you want to make an impression,whether business matters or shidduch and your going to pay for something regardless, is it a classier move to take out a credit card or to throw down some bills on the table. The catch is, when you take out a credit card, especially a fancy one, its real slick but can lead one to think you don’t have enough money to pay for things on the spot and need time to pay it off (living on credit). When you pay cash, its obviously impressive since you have money right then and there, bit can it leave someone wondering if you are in financial trouble and can’t be approved for any credit? So what’s the best method?

    #1466722

    Joseph
    Participant

    Barter. That’s what I always do.

    #1466725

    litvishechossid
    Participant

    Nice and Im sure it works well for you, but that wasn’t one of the options.

    #1466796

    zahavasdad
    Participant

    Large amounts of Cash can be bulky. Try carrying $2000 in your pocket, not only is it thick and takes up alot of space, it is also dangerous if you are robbed. If you are robbed you lose the money, if your credit card is stolen the most you are responsible for no more than $50

    #1466809

    iacisrmma
    Participant

    What’s a jewish bankroll? It depends, 100 singles wrapped by a Hundred to make people think they are all hundreds or 100 hundreds wrapped by a single to make it look like all singles?
    Personally, I am not impressed by either a sleek credit card or cash. Either way, you don’t really know if the person can or cannot afford it. The person may only have enough cash for this purpose; can be heavily in debt and still use credit cards.

    #1466812

    CTLAWYER
    Participant

    @litvishechosid

    You can solve your problem by using a DEBIT card. Your date/dining associates won’t think you are living on credit and you don’t have to carry bulky cash.

    I don’t think one should be worried about ‘impressions’ made by how you pay the bill in an restaurant. Today, most legitimate business is done with plastic. In fact more and more goyische restaurants no longer accept cash. I read an article about this in the newspaper within the past month

    When I was young and maintained an office in Manhattan, I had house charge accounts at the restaurants I frequented the most. The check would arrive, I’d take out my pen sign my name and a two digit number. That often made an impression.

    #1466818

    DaasYochid ☕
    Participant

    That often made an impression.

    I don’t think one should be worried about ‘impressions’ made by how you pay the bill in an restaurant.

    #1466833

    CTLAWYER
    Participant

    @DY
    I stated ion my post that the OP shouldn’t worry about an impression made by how he pays his bill.

    My comments about a time gone by (40+ years ago) was not about trying to make an impression, but an impression being made.

    #1466830

    yehudayona
    Participant

    I think the OP in conflating green cash and blue Monday.

    #1466823

    litvishechossid
    Participant

    Zahava- I didn’t say you have to carry 2000 bucks. A few blue hundreds are enough to do the trick.

    Icarisma- that’s the point, can credit cards leave an impression of debt life?

    Ctlawyer- thats a creative solution, but that still doesn’t prove that you don’t have a problem holding on to a credit card. Most people who pay debit is because they don’t have a credit card. Besides it’s unwise to pay debit especially if you have a credit in case of dispute/rewards so that would definitely show that you don’t have a credit card because why else would you pay debit? I know funds are drawn right away if that’s your thing but your much safer using a credit card and paying right away if it makes you feel better.

    Daas- your right I’m not saying to deliberately try to impress any date by the method you pay that’s why i specifically wrote if you are already in that moment you might as well know the best way. And it does leave some sort of impression because people do sometimes look for these subtle hints or pick up on them. And it’s ok to make a “little bit” of an impression here and there. Better in action than in words and make a fool of yourself later. They do speak louder, actions that is.

    #1466825

    litvishechossid
    Participant

    Really it can go both ways. If you ever heard someone telling over a story of some rich guy they know, it’s like, wow this guy is loaded, did you see what type of card he was using, solid metal!
    Or it’s like wow this guy is loaded he pays everything straight up in cash! At Macy’s he took out a billfold of 200 franklins.
    But with Rich guys it’s obvious so either way works I guess.

    #1466826

    DovidBT
    Participant

    In fact more and more goyische restaurants no longer accept cash.

    How can that be legal? U.S. currency contains the text, “This note is legal tender for all debts, public and private”.

    #1466827

    beisyosef
    Participant

    Easily one of the dumbest questions I’ve ever seen in the CR. There are people worth billions and people in debt who use cc and people worth billions and people who don’t approve for a card who use cash. I think OP is looking into this too much and it would be a lot healthier to just relax and pay however you want. My personal preference is cc because it’s less bulky, dont have to worry abt change, girl doesn’t have to see how much I’m tipping (whether high or low), etc. But again, it’s all personal preference and I doubt ppl will judge. And yes I’m from Flatbush and even there we don’t judge abt such stupidity (although we do judge when such questions are asked lol)

    #1466880

    CTLAWYER
    Participant

    @dovidbt
    As long as it does not violate state law (in Mass it would): If the restaurant or store posts that it does not accept cash and it is on the menu and/or the server lets you know before you place your order, it is legal.

    they are offering to serve you a meal on their terms and you accept by placing your order…forming a meeting of the minds and a contract for goods/services.

    #1466891

    JJ2020
    Participant

    With in business or shiduchim stay far far away from someone’s trying to impress you by trying to use cash or credit.
    You’re goal should be to increase your mitzvos and middos. To make a Kiddush Hashem by being a good person a good yid. Honest in your dealings with others. Not trying to decieve them with wads of cash. And if someone is impressed by that I’d also advise staying away.

    #1466923

    litvishechossid
    Participant

    beisyosef “easily one of the dumbest questions I’ve ever seen in the CR.”
    “And yes I’m from Flatbush and even there we don’t judge abt such stupidity (although we do judge when such questions are asked lol)”

    – well that’s real nice. Also nice how the mods let those sincere comments through. I actuall replied with answers to you and blue cash, but hey it’s fair only for one person to be nasty. So we will never know why it’s called blue cash. Unless you pick up on it in my previous comment where I gave the reason for it. Obviously it was too deep for some to catch it though.

    #1466925

    litvishechossid
    Participant

    JJ and all. If you read the opening statement it wasn’t only about shidduchim. Ya we get the whole middos thing. It’s only a thought provoking question not meant to dwell your whole life upon. Besides noone ever thinks to impress do they(sarcasm). If your in the moment you might as well make a statement.

    #1466926

    laskern
    Participant

    Times have changed. In olden times a Talmid Chacham who had cash and would use credit instead was a Chilul Hasem. See the Rambam Yesoda Hatorah (5,11).

    #1466950

    litvishechossid
    Participant

    Well ya credit is very different today. Your not borrowing from a private person or establishment it’s more like a huge credit company amex, visa etc. Also nowadays people use credit more for building their score and racking points. Most importantly though, are the added protection benefits one has when using a credit card. Disputing services that weren’t provided, defective products, getting additional warranty or time to return things and lots more. Probably the safest method of payment unless you don’t want to be tracked. Then its just cold hard cash. Pay and done.

    #1467130

    Meno
    Participant

    Credit card is the safest way to pay.

    And a few hundred bucks cash won’t make an impression on anyone unless you’re 12 years old.

    #1467138

    BaltimoreMaven
    Participant

    CTL: “they are offering to serve you a meal on their terms and you accept by placing your order…forming a meeting of the minds and a contract for goods/services.”

    Classic contract of adhesion.

    #1467144

    DovidBT
    Participant

    If the restaurant or store posts that it does not accept cash and it is on the menu and/or the server lets you know before you place your order, it is legal.

    Suppose when you get the check for the meal, you insist on paying with cash. Could they refuse to accept it and call the cops?

    • This reply was modified 5 days, 21 hours ago by  YW Moderator-100.
    • This reply was modified 5 days, 20 hours ago by  . Reason: typo
    #1467145

    akuperma
    Participant

    Large amounts of currency create a risk of theft, whereas “plastic” (in its various forms) have reduced risk of theft (in the case of credit cards, a $50 cap, debit and payment cards are a bit different). One should also note that large payments in cash can be illegal in some places, and in general appear questionable and get the attention of law enforcement agencies.

    #1467148

    Joseph
    Participant

    “One should also note that large payments in cash can be illegal in some places”

    Not in the United States.

    #1467237

    Teal
    Participant

    I didn’t read all responses to litvishechossid’s question. But I do want to say that making an impression has nothing to do with method of payment. If I’m in a store and the person in front of me pays with cash or a plastic card, I do NOT judge or make immediate judgement if they’re well off or not or whatever. The way they present themselves and behave in public, that is what makes an impression. Do you greet and Thank cashier, Do you push in, on line. Do you run to add more items while checking out… keeping the person behind you waiting… do you leave your wagon at the register thereby hindering next customer move…. Do you talk loud on your phone while on line or checking out… I can write a book about my shopping experiences. But method of payment says zero about the customer. The only time I cringe, is when I see the fancily dressed woman with a fancy carriage buying all goodies and paying with foodstamps.

    #1467301

    litvishechossid
    Participant

    “The only time I cringe, is when I see the fancily dressed woman with a fancy carriage buying all goodies and paying with foodstamps”

    @teal- we had to go there didn’t we. Was the fancy looking woman also wearing a sheitel?

    #1467317

    zahavasdad
    Participant

    Large cash payments ARE a problem in the US. If any company accepts I think $10,000 in cash or more, they need to report it (Large cash transactions usually mean drugs are involved)

    #1467327

    Joseph
    Participant

    Reporting requirements don’t make something illegal.

    #1467341

    litvishechossid
    Participant

    They report the payment or they report the person?

    #1467361

    Gadolhadorah
    Participant

    Even credit cards will soon be obsolete as more businesses (and especially restaurants, bars, etc.) move towards new payment systems tied to phone apps. Millenials don’t want to carry cash or even credit cards…just one universal device (aka their iPhones) for every task in their life (well almost every)…that is why all these periodic asifahs to “ban the internet”, “assur smartphones” etc. are such a waste of time. Instead, lets focus the frum tzibur on how to intelligently use these new tools and what protections we should consider since they will be essential for daily life within the next few years.

    #1467397

    litvishechossid
    Participant

    Good point gadolhadorah-. Especially the fact of educating. I mean at the end of the day unless your ultra extreme chassidish or chareidi, you just have to accept the fact that we use this for daily life and it’s not going away. Even the ultra extremest have issues curbing it from the communities..

    And true, even physical cards are slowly phasing out. I guess now we’ll have to focus on what wallet (smartphone) we whip out.

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