There’s an unspoken rule that many people live by: always carry cash. Why? Because you never know when you’ll need it.
For example, let’s say you’re out to dinner with friends and the bill comes. You reach for your card, but then remember that you left your wallet at home. Oops.
If you had cash on you, you could just pay your share and be done with it. But since you don’t, you have to awkwardly ask your friends if they can spot you. Not a great way to start the night.
Or let’s say you’re out of town and your car breaks down. You’re stranded on the side of the road with no way to get to a bank or ATM. If you have cash on you, you can just pay for a tow truck and be on your way. But if you don’t, you’re stuck waiting for hours (or even days) until someone can come and rescue you.
The bottom line is that cash is always king. No matter what situation you find yourself in, having cash on hand will make things a lot easier.
Of course, there are some downsides to carrying cash. For one, it’s easy to lose track of how much you’re spending. If you’re not careful, you could find yourself blowing through hundreds of dollars without even realizing it.
Another downside is that carrying cash can make you a target for thieves. If you’re walking around with a wad of cash in your pocket, you’re much more likely to get mugged than someone who isn’t.
But despite these risks, the benefits of always carrying cash far outweigh the negatives. So next time you leave the house, make sure you have some cash on you. You’ll be glad you did.