Do you like to use cash? Find that using a credit card is just too tempting? There are many reasons why I use solely a credit card and try to use as minimal cash as possible.
Reasons I Use Only a Credit Card
1. I can track my purchases better. When I spend cash I’m often left wondering where that $20 bill went.
2. Lose the Credit Card, keep your cash. If you lose you cash it’s gone, probably forever. If you lose your credit card you can just cancel it and get a new one.
3. Accepted almost everywhere. I can use my credit card around the world, where as my cash i have to convert, pay fees, etc.
4. Get Cash Back. Does cash give you extra cash for using it? No. A credit card gives you cash back and reward points so you get stuff for buying stuff.
Overall it is just more convienent to carry a credit card than a big wad of cash. Sure it is necessary to keep some money in case of an emergency, but overall, I think credit is king and cash well… it’s something that stuffs my wallet..
