
Do you pay cash or card?
During the holidays I would withdraw some spending money and leave the rest in the bank. If I need to buy something in the mall or supermarket I would just use my ATM debit card. Using a card to pay for things is safer than having a sizeable amount of cash in the wallet.
December 22, 2018, 9:05 am
Responses (70)
As for the local currency, we use debit or credit card for almost everything except street vendors who don't have card readers.
Some stores in my local area are still cash only establishments though, and when that's the case I've just got to deal with it and use cash.
Once I paid a $500 phone with a debit card (not credit) and it felt like I was getting the phone for free. One swipe and the phone was mine. Later, I paid some food with cash and $6 felt like too much. Using cards just distance yourself too far from the sense of spending.
If you have little self-restraint like me, always pay with cash. Your family finances will be much in order. With cash, you can’t spend what you don’t have. Credit cards make it too easy for us to fall in debt. Debit card, while a bit better, can still drain your bank account dry before you even know it.
No I don't like carrying cash on me If you lose it like you can't get it back. At least if you lose your card your money is still there. You just can't use it until a new one comes through! :rollseyes
I do pay for things with my phone though contactless though so no need to carry any cards then too.
It makes me wonder in fact. Will phones one day completely replace the traditional wallet? I guess you'll always need a card to withdraw cash. But maybe one day you'll be able to do that using your phone too. Who knows!?
There is, of course, a place for using cards. Big purchases require larger amounts of cash which would be, quite frankly, frightening to be carrying around. The money could be stolen easily, and there'll be very little paper trail unless you happen to be luck enough to have stacks of bills which are new and are in sequences, and you know the serial numbers of the bundles you carry with you. Which is, more often than not, not the case.