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debit v. cash

Posted by on Jul. 1, 2011 at 10:40 PM
  • 9 Replies
Studies prove using cash for transactions saves you more money than swiping your debit card. They say it's because it'd harder to part with the cash.

Do you agree? Do you use cash or debit?
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by on Jul. 1, 2011 at 10:40 PM
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Replies (1-9):
sheri305
by Bronze Member on Jul. 1, 2011 at 10:44 PM

I mostly always use my Debit Visa bank card.

sheri305
by Bronze Member on Jul. 1, 2011 at 10:44 PM

If I have cash on me,I always spend it faster,so for me,the card work best.

Serenity75
by on Jul. 1, 2011 at 10:47 PM

 Disagree.  Debit helps me track my spending.  With cash it's just gone and I'm left scratching my head wondering where did it all go?  Bank statements don't lie -lol.

Dani_Lynn
by on Jul. 1, 2011 at 10:49 PM
We are swipe but moving to the cash only system.
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lalasmama2007
by on Jul. 1, 2011 at 11:00 PM

I don't use either.  I use my charge card, but pay off the balance in full each month.  I get rewards (gift cards) for using the charge card.

LOswald0314
by Bronze Member on Jul. 1, 2011 at 11:35 PM
I agree that it is hard for me to part with cash! But, I can track my spending with my debit card and know what I spent my money on.
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Klynn-whitlow
by on Jul. 2, 2011 at 8:35 AM

I disagree. Its easy for me to hand over cash! With my debit card i have to think about what is actually in the account, and what bills i may have to pay still (including if we are gonna need more food/gas between now and payday). With the cash its just like extra money that doesn't have a purpose to me. LOL.

mumsy2three
by on Jul. 2, 2011 at 9:07 AM


Quoting LOswald0314:

I agree that it is hard for me to part with cash! But, I can track my spending with my debit card and know what I spent my money on.

This.

We also have direct deposit so we never have cash on hand unless we go to the ATM.

bramamber
by Bronze Member on Jul. 2, 2011 at 12:38 PM



Quoting sheri305:

I mostly always use my Debit Visa bank card.


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