The most practical reason for most people in the US to have some cash on hand are scenarios like:
1. A storm rolls through and a tree fell down in your driveway. The power is still out. A guy with a chainsaw shows up and offers to move it if you can pay on the spot.
2. Same situation, but a blizzard and a guy with a snowblower.
3. Small contractors often offer a significant cash discount for home improvements / repairs.
1. A storm rolls through and a tree fell down in your driveway. The power is still out. A guy with a chainsaw shows up and offers to move it if you can pay on the spot.
2. Same situation, but a blizzard and a guy with a snowblower.
3. Small contractors often offer a significant cash discount for home improvements / repairs.