Quote: (05-15-2017 01:58 PM)Phoenix Wrote:
I doubt many people here think gmanifesto was a real person.
True, but he brought up some interesting discussion points regardless.
Quote: (05-15-2017 01:58 PM)Phoenix Wrote:
In "safe Asia" I usually withdraw $1000. I don't enjoy having to walk to ATMs. I'd carry more if they had bigger denominations like the 500euro note. In dodgy places or places with pervasive credit card use I'll carry about $100.
This is pretty much what I have resolved to.
Quote: (05-15-2017 01:58 PM)Phoenix Wrote:
I don't get the "I'll spend more if I carry more" stuff. Why? "My money" is an approximate number in my head totalling all my liquid assets and my monthly income. Do people really control their spending by pretending the cash in their wallet is all their money?
Can't speak for others, but I don't pretend the cash in my wallet is all of my money. There is just a subtle psychological effect to having the physical money in your wallet. Travesty touches on the positives of this in his post, but I think it makes you spend slightly more as well. The more available and liquid your assets are the more most people will spend.