I’ve noticed that businesses are up charging for credit cards, incentivizing the use of cash. Especially in these mean economic times. Could this be part of the plan to ween everyone off of using credit cards? Cash puts the power back into the hands of the people. Just a thought
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I started to use cash locally when Catherine Austin Fitts started Cash Fridays. It was then changed to Always Use Cash locally. It was inconvenient at first but I got in the habit of doing an ATM withdrawal weekly. There are local businesses that will give you 5 percent off if you use cash. At the end of the week, I would take any $50 that I had and put it in a pencil box. After about a year - I had $7000 in it.
That's some box! $50 * 52 = $2,600
What I found was that by doing that - I actually spent less because I liked putting the $50 in the box. I think when we use plastic, we really don't think about what we are spending.
What you're saying above is a major way that families and individuals reduce debt and spend less.
That's right. I know it works for me. I really do think about my spending when I use cash.