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'Cash stuffing' is the budgeting hack gaining popularity on social media. Here's how it works (www.abc.net.au)

submitted 1 year ago by Ilandar@aussie.zone to c/australia@aussie.zone

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[–] trk@aussie.zone 5 points 1 year ago (1 children)

I haven't used cash for anything except dodgy Facebook and Gumtree buys in a decade. I currently have the better part of $1000 in cash in my wallet that has collected because I just never use it. I haven't entered a bank branch in probably a similar time frame, and they (BankWest) closed the branches near here so I'm not even sure where to deposit it if I wanted to.

You know what I like about bank accounts? You don't get drunk and leave your bank account in the back of a taxi home. And a house fire doesn't burn down your bank account. There's also a slightly less chance that people will break in to your home and steal your bank account, though it's probably a coin flip compared to scammers and what not.

[–] abhibeckert 1 points 1 year ago* (last edited 1 year ago)

I’m not even sure where to deposit it if I wanted to

I'm not a BankWest customer but I expect you can deposit it at any post office, for free, and it'll be much quicker and more convenient than going to the branch ever was.