Today’s post is following up on our popular Grey Man Series and outlines a few financial alternatives to help you lower your financial traceability in society.
Do you know that 48% of all monetary transaction are now electronic? Think about the debit and credit cards you see everyone swiping at the store, and then asking for cash back. Now think about all of those data breaches that have occurred in the last few months, and yet we still don’t change our ways….pretty sad actually.
Ok so now what should you do to help become the grey man or modern day ninja for purchasing on or off line? Well, of course the first thing is CASH! If you haven’t figured it out yet, it is hard to beat cash in society. Many people will deal in cash and give a percentage discount so they don’t have to pay fees on the credit card or check processing. Not only that, cash does not show up anywhere if you have a stash of it in your home, so how are you doing on that 52 week financial challenge?(over $200 there now!)
I know you can’t use cash over the internet but there are several ways you can get around that as well.
- Prepaid credit or debit cards
- Alternative currency
Let me just focus on prepaid credit/debit card. I love these things as you can usually reload them when they are low, and if you are careful will not have any hidden fees, slowly draining your resources away!(So pay attention to those cards!) I have used mine on line several times with no problems, and I usually have 1 or 2 on me with either $50 or $100 on it. If it is lost stolen or hacked in anyway it limits me to $50 or $100 bucks and not my whole account. It doesn’t even have to use my name, so someone prying into my purchase habits is going to have a really hard time doing that!
Alright, so a few things to think about and put into action, so get moving!
More lessons to come….
Airyu – “Living the Ninja Lifestyle!”