Living in a Cash World by The Outlaw Micheal Tomsik 2017

Hello and thanks for following us in 2017 I wrote several blogs about journey living in a Cash World in 2016 to 2017. This year has been an experience living with no loans, no credit, and only using our debit card. As in other post because of our business we did have to accept credit cards and we did use a company called SQUARE for that.

Annie told me today some companies in San Francisco are no longer accepting cash payments. If you do not have a debit or credit card these business are not offering you a choice any more. This actually seems to be a thing with companies as we have found many companies will not take a cash payment.

If you live in a cash world like we choose to it can be quite difficult to pay bills, shop, get gas, and other simple daily living things we have encountered. If you do not use a debit card you must plan out what your going to spend to avoid multiple trips to the bank.

Also still keeping track of your credit is vital just to insure you have no identity theft. Once your not using any credit or having no loans expect your credit score to drop from lack of usage. Though I believe it should be the opposite after all we have no debts.

The reality of a cash world is harder than most expect because can you buy a house, or a car today with out taking a loan. What would happen if you had an emergency or needed a large sum of money and what about saving for the future?

It is a fact most of us have a small savings or none. Even this year we ran into issues and had to dip into our savings account for expenses we did not expect. Sometimes we struggle through a week or so with little or no cash. This also means we have to budget food for us and our pets. We check our balance in the bank often, watch every penny we spend and try to build a savings and future.

Sometimes we bank on sales from our soap company or pay checks from the company I work for. We closed several companies this year and I stopped my professional gambling business, and gambling myself. This actually hurt us more than expected.

In 2017 we have managed however to be debt free and live in a cash world.

Thanks for reading and following up with us and I hope in 2018 you will read and follow our blogs and videos!