this post was submitted on 23 Aug 2024
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[–] [email protected] 3 points 1 month ago

My mum is like this but I think this kind of thing depends on where you're at in your financial journey and also the type of person you are.

I find that cash burns a hole in my pocket and I check my apps regularly to track spending so any cash effectively just "disappears", I won't even remember what I spent it on.

I completely prefer digital spending because for me it's easier not to lose track and if I seem short, I can trace exactly where it went.

If you're someone who is not in financial trouble and pays off credit cards regularly then I advise trying to find one with decent rewards and use it for as much of your spending as possible.

This not only gets you air miles / cash back but also helps to build a strong credit record if you're looking to buy a house, car, ... in the future.