Why do People still use cash?

Policy Genius | 11/6/2019 - Written by Hanna Horvath

EXCERT:

Cash can also help consumers spend more responsibility. Having money in tangible form can help you recognize spending patterns and curb impulse purchases. This may make it easier to track expenses over time, said Michelle Buonincontri, certified financial planner. Consumers who use cash also won’t be subject to extra fees.

“I suggest that all my clients use cash as a strategy to get back on track with spending, and avoid cash-flow issues and overdraft expenses,” she said.

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