If we can remove an unnecessary middle man, then why don't we?
After 18 years of exclusively using #creditcards for all purchases made in person, I've switched to using #cash this year.
Using cash has feels much more in line with my values.
Paying with cash gives the full value of your money to the recipient, encourages you to spend less, and gives you #privacy.
Paying with credit deprives a significant amount from the recipient, encourages you to spend more (even when you pay it off in full each month), and removes your privacy.
I still use a 2%-points-back credit card when necessary, but I'm convinced I spend at least 2% less by using cash over credit whenever possible.
graywolf / Gray Wolf
npub1dp…f9x05
2024-08-06 19:40:14
Author Public Key
npub1dpfdkalfg4n8cr23wmccnx6l55y67xpj75cnfr3jxl8lypst22qq4f9x05Published at
2024-08-06 19:40:14Event JSON
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"content": "If we can remove an unnecessary middle man, then why don't we?\n\nAfter 18 years of exclusively using #creditcards for all purchases made in person, I've switched to using #cash this year.\n\nUsing cash has feels much more in line with my values.\n\nPaying with cash gives the full value of your money to the recipient, encourages you to spend less, and gives you #privacy. \n\nPaying with credit deprives a significant amount from the recipient, encourages you to spend more (even when you pay it off in full each month), and removes your privacy.\n\nI still use a 2%-points-back credit card when necessary, but I'm convinced I spend at least 2% less by using cash over credit whenever possible.",
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