Categories
Uncategorized

Wichita Eagle: Paper or plastic?

Deb Gruver writes about her preference for paying with plastic, or with checks.

Now, to get to the point of all this: The reason I prefer dealing in debit cards and formerly, checks, is because I think I plow through more money when I have cash. It’s that whole burning-a-hole-in-my-wallet thing. I don’t know that it’s necessarily true that I spend less because I rarely carry cash, but it’s the theory I’ve stood by for years.

It’s a control thing. Debit card usage is growing rapidly. This psychology is part of it.

This site uses Akismet to reduce spam. Learn how your comment data is processed.