Question

Which of the following is the BEST reason to use cash for making purchases?

Answer 1

Answer:
A. Knowing what you have spent your money on is simple.

Explanation:

Although each answer may be deemed true in a way, it is important to realize the differences between cash and a credit card. Psychologically, if you’re purchasing items with cash you tend to spend less because you are budgeting yourself to a certain amount. Always counting the change after. If you pay with a credit card you may spend more unconsciously, making it a lot easier to lose track how much you’ve spent, and bought.

Answer 2

A. keeping track of how much you spent is simple