Because I spend more when I carry cash - being a junque' dealer there is always some garage sale or thrift store around calling me to spend on extraordinary intrinsic value that has gone unnoticed by someone else! Not all these places take plastic, so I'm less likely to buy more than I have storage space for before getting it onto the sales floor! If not these hidden treasures then there is always a bookstore calling my name. I'm like a heroin addict with cash.
With plastic, because of early training from parental units, I'm MUCH more likely to hold back.
IOW, all stereotypical financial 'nuggets' are not the same for everyone. "They" say people are less likely to spend cash and actually spend less using cash over plastic. Not me buddy!
AND, I like getting rewards and discounts for the things we normally buy w/our CCs. Right now my old faithful Discover card is giving me 5% back on our groceries. If they want to carry the cost of my groceries for a month (ALWAYS paid in full monthly) AND give me money back? I'm all for it.
Last edited by LuxLiving : 11-10-2009 at 11:19 AM.
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