How Rich Am I?
How rich is rich?
So I lost my atm card and have been asking myself this question the last few days. I feel, cash strapped, because I only 3,000 Kyrgyz Som to last me 3 days, or 1,000 Som a day, (or ten dollars a day). An easy feat. The question is - from what reserve of money should I be using to pay? All the cheap eating options only accept cash, which I have a limited supply of. The restaurants that are twice as expensive accept credit card and serve similar food as the cheap restaurants. It is nearly 100% more money but money which I have.
Similarly, a bus ride costs me 20 Som in cash. A taxi ride down the street will cost me 120 Som. But once again, using taxi app I can pay by card. So even though it’s six times as expensive as the bus it’s money I do have to spare.
I’m in this weird situation where I don’t know how to spend my money. Do I spend more of the money I do have (US credit)? Or spend less of what I don’t have (limited reserves of hard cash)? I’m a budget guy in principle and hate spending more when there are other cheaper options. But in this case, I need to preserve my cash because the bus out of this country only accepts cash. I need to preserve this 3,000 for the 2,800 bus. I suppose I just have to suck it up and pay using my credit card, even though it is more. That just means eating at the more expensive restaurants I guess. You only live once.