The Back to Cash Movement

I've been watching Suze Orman for many years and I love her theme and advice this year. Stand in your Truth and move back to using cash.

I made a deposit in my businss account yesterday and proceeded to get gas. My ATM card was declined. OK, I thought, perhaps the deposit hasn't gone through yet. I waited until today, went to Trader Joe's, card declined again. I proceeded directly to the bank to find out what was going on.

Well, apparently there was an alert put on the card and the bank hadn't notified me. Not cool.

However, I called someone at the branch where they know me personally and it turns out that because of my address in Sierra Madre my ATM card was frozen because I'd used the card at one of the gas stations in town (along with many other people) and it appears the station owner or "card swipe machine" owner had been confiscating card numbers and stole over $61,000 from many people.

So, my bank (and I'm sure others) closed some of their customers' ATM cards but hadn't necessarily notified them - at least I wasn't made aware.

It's absolutely OK they closed the cards because better safe than sorry but it would have been nice to be notified.

This is, for me, a very good reaon for moving back to cash. I'm in and, yes, it will take some adjustments but I'll get into sooner than later.

How about you?