Saving Money – 3 Advantages to Using Cash Instead of Credit Cards

In today’s world, most people are in the habit of using credit card to pay for purchases. However, this habit is getting a lot of people in financial trouble. Using cash to make your purchases have many advantages including…

1) Keep Track How Much You Spend – By using cash instead of credit cards it is easier for you to know how much money you are spending. This will eliminate the surprise at the end of the month when the credit card bill arrives and you didn’t realize you had charged that much.

2) No fees – When you use cash you avoid the possibility of late fees and over-the-limit charges. You won’t have any billing mistakes or overcharges on your account. And you won’t have a chance of damaging your credit record and most importantly risk going in debt.

3) Possible Discount and Accepted Everywhere – As they say “Cash is King.” It is accepted everywhere. When you use cash for payment for your purchases you may even receive a discount from some merchants which will save you even more money.

So, as you can see, using cash instead of credit cards for your purchases has many advantages. You will spend these many when using cash as payment, keep better track of your spending, eliminate fees, and possibly receiving discounts from merchants. But the biggest advantage to using cash is eliminating the risk of going into debt.

And if you would like more money saving tips, information on budgets, and how to get out of debt please visit http://www.savemoneywith.blogspot.com/

By: Rhonda Percell – Wife, Mother of 3 who loves saving money!