A bundle of banknotes looks much more impressive than a plastic rectangle. And you won't be able to block it.
1. You can pay everywhere
Terminals seem to be everywhere. But this is exactly as long as you do not go to the market for farm cottage cheese and eggs or try to buy fresh cucumbers from a summer resident. With bills and coins, you will not find yourself in a situation where theoretically you have money - on your card - but you cannot buy anything with them.
Read also: Best Easy-to-Approve Credit Cards UK – How to Apply.
2. You are not dependent on the Internet
A minor technical glitch turns a bank card into a useless piece of plastic. And here you are at the checkout, while the seller is trying to catch Wi-Fi, and a line of customers who hate you gathers behind. Or you are kicked out of the trolleybus on a frosty winter evening because the terminal suddenly stopped working.
Banknotes don't care what the internet is. They always work.
3. Cash
If you give Vasya 1,000 rubles a month but suddenly decided to repay the debt of 20,000 to Pete, no one will block your "transactions" in an attempt to protect against fraudsters. But non-standard card transactions can lead to such a step on the part of the bank.
When you decide to boo and drain all your savings, no one will suspect you of money laundering Federal Law "On Counteraction to Legalization (Laundering) of Criminally Obtained Incomes and Financing of Terrorism" dated 07.08.2001 No. 115-FZ income and will not force you to confirm where the money is from.
Everything has a very positive impact on the health of the nervous system.
4. Cash is protected from errors of bailiffs
Humans are prone to error by nature - and bailiffs confirm this rule a little more often than we would like. Cases when someone's accounts were arrested, and money was written off because of the namesake debts are not isolated without guilt. What to do if the bailiffs have illegally blocked the account.
Cash will protect you from such situations.
5. You spend less
Scientists have proven; Using Cash More Rationally An Analysis of the Effects of Two “Rules of Thumb” for Credit Card Revolvers spend money. Unlike card lovers, when shopping, they pay more attention to the product's price and not limit themselves only to its characteristics.
6. You enjoy shopping more
Another scientific fact; when you pay with cash, your purchases bring you More cash vs. credit: Does the method of payment affect how much you value a product? Joy. And then these things are of great value to you.
7. Spending is easier to limit
As old as the world life hack: to spend less, you need to put in your pocket exactly as much cash as you're willing to part with. This limit works much better than the limits on bank cards, which can be changed with two taps of your finger.
8. Cash helps in nurturing the right financial habits
A well-defined amount of money in your wallet will help you avoid impulsive purchases. You'll have enough time to decide whether you actually need this thing. Thanks to this, you will be more balanced in your acquisitions. And this is one of the whales on which the economy is worth.
Also read: What to do When You Have Financial Problems
9. It's easy for you to tip
If you have cash in your pocket, you will no longer have to be embarrassed and blush because you cannot leave a bonus for the waiter in the restaurant.
10. You don't need to pay to the bank
Account maintenance fees, SMS notification fees - despite the fact that these are tiny costs, they could nevertheless result in savings.
11. A wad of money looks more representative than a card
The weighty "brick" of banknotes in hand increases the sense of self-importance more tangibly than a plastic card, even if it is "gold."
Adapted and translated by The Cop Cart Staff
Sources: Life hacker
