Businesses Suffering Big Time for Not Taking Cash | I Allegedly

Hey, it’s Dan. Welcome back. You’re watching IAllegedly, and I got a bonus video for you today, so one thing that I keep you know getting comments on is businesses that don’t want to take cash anymore. They want to go cashless. I’m gonna give you the greatest example of where it’s just failing and people are starting to suffer from this, so please like the video, comment, share your thoughts on this. Do you like to pay with cash every now and then? It’s nice, isn’t it? You know, it’s funny you go on a cruise ship, and there’s no cash.

And today we have a sponsor, Patriot Gold, and I’ll talk about them later on the video. But here’s the story guys. You know, there are certain areas in the country where they want people to still take cash that own restaurants and stores and things like that. Usually it’s in lower-end communities like Los Angeles is doing this. You’re having certain states, like Colorado wants to have it, so that you have to take cash when they deal with transactions, and they don’t want to eliminate them because there’s some people that just don’t have a checking account and don’t have you know the means to get a debit card or anything like that.

So there’s a great example. The Roman Baths in Bath Okay, they have a wishing well that for centuries has been open and people throw money in it. And what do they do? They collect the money that’s in them. Well, what these geniuses came up with two years ago is they said, you know what? No more cash. We’re cashless. The wishing well is cashless. You want to make a donation? Slide your card. It’s cashless. Well, it’s not as fun as, you know, mom, can I get a quarter and toss it in there? Can I get a dollar? You know, can I see if I can my dollar will sink? You know, all that stuff that people do.

Well, generally, they take in about a hundred and seventy grand a year. Last year, they brought in only $17,000. So it costs them a hundred and seventy thousand dollars for not taking cash. And again, nobody wants to go cashless. When it comes to a wishing well, which is insanity. And again, the political correctness of certain things is insane sometimes. You know, we just don’t want to deal with this. You know, it’s unsafe cash. You know what a headache cash is? I’ll never forget. I was at a liquor store, of all places, and I was filming in Laguna and I stopped them to get a drink and a lottery ticket.

And I stop and this woman stops. She says, you know, you need to understand how bad it is to take cash, that I have to hire a different, you know, clientele of employees, a different, you know, class of employees that, you know, we can trust with our cash. I’m like, well, that’s on you, lady. I mean, it makes no sense. If you don’t hire people that are responsible citizens that are not going to steal from you on a nightly basis, don’t hire those people. So we went back and forth on that. So Target’s the next one.

Target will no longer, as of next month, will no longer accept personal checks. I can’t remember the last time I wrote a personal check in a store, but Target’s getting rid of that and they say other retailers are going to follow and get rid of personal checks also. So interesting, you know. There are certain people I deal with in my life. The gardener, you know, doesn’t take cards. He doesn’t want the cash. I don’t want the cash because I want a record that I paid this guy. So write him a check. Have a nice day.

Here you go. Cash your check, buddy. Okay. So are you guys seeing this? Because what’s happening is the cashless businesses, you can always tell when you go to a ballpark now and people are stuck and they get to the front of the line and there’s a huge sign out in front of like Anaheim Stadium that says, hey, this is where our venue is cashless. No cash. And when you pay for parking, they don’t take cash. They just swipe your card. They have little card readers that reads everything and that’s what we’re headed to.

So let me know, guys. Let me know what you think about that. One thing that’s crazy that’s going around is all the receipts that people are sending me. You’re seeing all these different shopping receipts and how people shopped at Walmart, you know, two years ago, and then today it’s, you know, $250 more. Well, there’s a family of six, husband, a wife and two kids and four kids and their Trader Joe’s bill was $444. And I’m like, wow, that’s crazy. It is. But I just remember when I lived with a single mom and she would get paid.

We’d go to the store then and how that was how it worked out. But man, oh man, 444 bucks a week to feed your kids. That’s crazy right now. What are you guys experiencing this? You seeing anything like that? So let me know. Remember, everything is great. Don’t forget that. Remember guys, everything is fantastic right now. Things are great and they’ve never been better. Okay, the United States Postal Service has just decided that they’re going to raise postage stamps again. For the first time ever, they’re gonna do it twice in one year. So you’re gonna get postage stamps raised from 68 cents to 73 cents.

Again, another 5% increase. Aren’t you just raise it to a dollar? Who cares? Just do it. Quit playing the game. You guys, it doesn’t matter what you guys charge us. You’re never gonna make any money because you’re horrible at running that business. Just like every other municipality is. If you notice that, these guys cannot stay within a budget by any means. It’s just the way it is right now. Card skimmers. This is a real problem with stores where people have debit cards. Think about this. There are so many people stealing millions of dollars right now from people’s debit cards.

And the card skimmers are getting more and more sophisticated to where the stores don’t know. Now, what happens? You’re the victim of a card skimmer and they say, oh, you were at this liquor store. You go in there and you say, hey, you know, what happened? You guys were you guys were in on this clearly. And they either are or they’re not. And if they’re not part of the investigation, you have to look at all these different sophisticated rings. This is such a problem in Florida right now that they sent the secret service in to check out all these different businesses.

They went to over 173 businesses and they found the skimmers on seven of the different stores that they found. They anticipated that based on the traction of what they would have gotten so far, that they saved over a million dollars from people getting stolen from. That is crazy right now. One thing that I find very frustrating is that I get people that write me single dads and single moms. How do I take my kids out? How do I have fun? What’d you do when you had money problems? And I always give them advice and always give them different things that you can do that cost nothing or that you can participate in, whether it’s a camp, it’s a program, whatever.

So they can do things like that. And one thing that is absolutely appalling is in New York City, you have hotels that generally go for $160 a night right now that are being rented out for $300 a night and the government’s paying for it. You and I. They anticipate right now that there’s 65,000 migrants living in these hotels right now in just New York City alone. Forget the rest of the country. I’m just talking New York City alone. Wouldn’t you like to go to New York City sometime? You used to. You don’t.

You don’t want to go there now. But wouldn’t you like to travel and go stay in a hotel room and do something fun like that? Of course. Well, they’re spending a billion dollars, $300 a night on 65,000 people do the math on this. The hotels love it. The hotels are getting destroyed, but they love it right now because they’re getting coverage in these rooms. It’s absolutely disgusting right now. So our tax dollars at work. Let me know what you think about that. Let’s talk about our sponsor Patriot Gold Group. Think about this, guys.

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But all the experts say that time is of the essence, and it’s just a matter of time until there’s a real problem. So protect yourself, guys. Call number one rated Patriot Gold today. 888-330-1431. Let them know that Dan from I Allegedly sent you. If you don’t want to call, just use the link below and fill out their form and get free information. But do it today before it’s too late. I always love the email that you guys send me, and Charles sent me something that was wild, and that his insurance went up 80%.

80%. No accidents, no claims, nothing. But like he said, wow, my six-year-old car is not getting younger, but it’s ridiculous that these insurance companies have invested all their money in different ways and lost, and lost big time, and now we have to pay for this. Which is true, and it’s such a good point because it’s like these banks that went and put their money into T-bills and different things, and they just lost money as interest rates shot up. Well, the insurance company is no different. These guys are idiots. And remember AIG, when the last real estate downturn happened, we’re going to see this again.

Somebody sent me something. They said, I cannot verify this. I’m not going to say I work with them or not, but there’s a rumor that State Farm cannot afford to pay out claims right now. Wow, wouldn’t that be a bold thing? Certainly, I have State Farm for my auto insurance. That would be lovely to know that. So is that the case? Are these guys financially strapped that bad? They just tried to shake down the state of California. In fact, they did shake down the state of California, and it’s coming to a state near you.

Now, Steve sends me stuff just like so many others, but Steve sent me something great where he’s looking for tires and doing the research on this. And Dan, I’m out searching prices, different locations. Goes to Walmart online, and they want to know, think about this. They want to know the year of the car. They want to know the color of the car. Huh? Isn’t that crazy? Why would you know the color of my car for black tires? Okay, there’s nothing different with this. So kind of crazy that they’re asking things like this, and it’s just a matter of time until you see more things like this.

And, you know, oh, the other thing was the license plate. They would like to know the license plate number of your car that you’d like to put tires on. Well, Ken, is that none of your business, okay? So, again, when does this stuff, the big brother stuff, end with everything? Because I think it’s too much right now. Way, way, way, way too much. So, let me know what you think about that. I’m going to finish this video with these last few stories. And one thing that I’ve said repeatedly, which you have to take my advice on, or you’re foolish, and that is have multiple ways of paying bills, multiple bank accounts, everything.

If you’re part of the Patelco group right now, they still can’t pay their bills. How about the UK, where nationwide HSBC and Virgin payment systems are down still? Oh, that’s terrible. What do you do? How do you pay your bills? You don’t. What if your kid’s tuitions do? What if you’ve got to eat? Oh, okay, well, I’ll worry about that later. Do you know what I mean? It’s kind of ridiculous. And plus, I love when people get fed up with things that they agreed to in the first place. And that was Robin Bach lives in a beautiful New Hampshire home that her and her husband spent tons of money fixing up.

And they have a homeless encampment living behind them that they kind of let slide. And then now they have a problem because they’ve had to call the cops 37 times on these people threatening them and making their life a living hell. And they’ve got an eight year old and 11 year old. And again, get rid of these people camping out sleeping on the streets. But I don’t think that, you know, New Hampshire’s, you know, got a real problem with that. So final, final story is Fonzie. Fonzie got angry was going to title this video Fonzie got angry, but okay.

Henry Winkler was in the UK. And thank you, Steven, for sending me this one, because it’s solid gold. He wanted a rickshaw ride, which is one of those guys that pedals the bike with the seat behind it. And you can, you know, go around the city. Only problem was he didn’t negotiate the price beforehand and they wanted to charge him. Be ready 130 pounds for his little bike ride. That would be $150 for you and I and American money. Is that lunacy, guys? Absolutely lunacy. So Fonzie lost his cool. Fonzie is no longer cool, guys.

Fonzie lost it. Okay. So read the story below and thank you again, Steven, because that was really good. So Fonzie is great. I love the UK stories, too. They’re just fantastic. Please like, please comment. Don’t forget to subscribe to the channel. And you want to get ahold of me? Hello at iallegedly.com. Join the email list because we’ve got a fantastic email coming out later on in the week. Okay. I’ll see you soon. [tr:trw].

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