https://www.kleenkuip.com/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Fri, 03 Apr 2026 17:11:00 +0000 Sat, 15 Mar 2008 19:28:08 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 12.06 360 https://www.kleenkuip.com/forum/RSS_post_feed.asp?TID=4899 https://www.kleenkuip.com/forum/forum_images/web_wiz_forums.png https://www.kleenkuip.com/forum/ https://www.kleenkuip.com/forum/forum_posts.asp?TID=4899&PID=141529&title=rule-of-thumb#141529 Author: duckcountry
Subject: 4899
Posted: 15/March/2008 at 7:28pm

I knew a guy with a successful computer retail store who told me that he could tell you the state of the local economy by the receipts in the drawer.  It wasn't how much, but the ratio of credit card to cash.  The tighter the local economy became, the less certainty about the future, the more people spent their credit lines and kept their cash close to their persons and ready for any emergency.

2005-2007 were good cash years.  I got a few checks, but mostly cash.  So far this year, 75% are credit cards and the balance checks (no cash).  Anyone else sharing in this trend?  Or am I in one of the few areas feeling the pinch of rising prices at the pump and grocery aisle?
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