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Old 11-26-2018, 06:12 PM
 
9,460 posts, read 3,991,411 times
Reputation: 14022

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Quote:
Originally Posted by augiedogie View Post
I use cash as much as possible, credit only when necessary, and then we pay off the balance every month.
credit card as much as possible, get 2-5% cashback every time. its like inflation never happened year after year. dont use the cashback money to buy new stuff, save it to pay off the bill that you would have bought already.

i kind of view credit cards are my anti-inflation money since i got money banked up from first purchase, when the price goes up
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Old 11-26-2018, 07:14 PM
 
Location: Mid-Atlantic east coast
5,164 posts, read 9,527,720 times
Reputation: 9532
Credit card always for points. Pay off each month. Still shop frugally, few splurge items...
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Old 12-12-2018, 05:28 PM
 
Location: Whereever we have our RV parked
8,246 posts, read 7,234,411 times
Reputation: 13835
I use cash for most of my purchases under 100 dollars.
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Old 12-14-2018, 12:22 PM
 
140 posts, read 43,633 times
Reputation: 431
I used to be CC for the points and cashback for EVERYTHING, I'd be hardpressed to even find $10 cash, until recently. I too felt like I was spending way too much on impulse buys, groceries and eating out, as it was just too easy hand over one of my cards. So for December and November I took out cash for what I feel I should spend on food for the month, sticking to it has decreased my impulse buys by at least $100 each month, maybe more. That's way more than the few bucks or points I would earn if I kept using my cards. I think I'll stick with this formula for a while.
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Old 12-14-2018, 12:56 PM
 
Location: Philadelphia, PA
974 posts, read 553,520 times
Reputation: 1446
I use my credit card to pay for pretty much anything if the store takes it. I get 1.5-3% cash back on all purchases, and use the points each month to go towards paying off my balance. It's free money if you pay your bill on time each month. I rarely have more than $10 cash on my at any given time.
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Old 12-14-2018, 01:39 PM
 
Location: Keosauqua, Iowa
8,930 posts, read 15,887,778 times
Reputation: 11550
I live in a small town with mostly small, locally-owned businesses. I generally either pay cash or write a check so they don't have to pay merchant fees.
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Old 12-15-2018, 10:37 AM
 
Location: Oregon Coast
4,380 posts, read 1,628,923 times
Reputation: 5755
Quote:
Originally Posted by duster1979 View Post
I live in a small town with mostly small, locally-owned businesses. I generally either pay cash or write a check so they don't have to pay merchant fees.
You do realize that businesses have to pay check processing fees, which are generally more than CC processing fees, right? I guess not.
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Old 12-15-2018, 10:39 AM
 
24,290 posts, read 31,567,640 times
Reputation: 29346
Quote:
Originally Posted by greatblueheron View Post
Been using cash for a long time for gas, errands, etc. Now I plan to use cash for groceries...been spending too much and overbuying items. Just too easy with the card.

Hoping if I use cash I'll be a lot more careful about what purchases...stick to my grocery list and not make spur of the moment choices.

Anyone do this and if so, do you find yourself skipping the impulsive buys??
No. That would mean more trips to the ATM. Card is always my first choice.
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Old 12-15-2018, 09:57 PM
Status: "Hunt 3 coming soon! Sigh!" (set 1 day ago)
 
5,568 posts, read 5,623,273 times
Reputation: 4279
I want to do this. I am going to try starting next month.
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Old 12-17-2018, 08:47 AM
 
Location: Keosauqua, Iowa
8,930 posts, read 15,887,778 times
Reputation: 11550
Quote:
Originally Posted by Cloudy Dayz View Post
You do realize that businesses have to pay check processing fees, which are generally more than CC processing fees, right? I guess not.
I work for a small business, and this isn't the first one I've worked for. That's why I'm cognizant of the issue. No business I've ever worked for has ever paid "check processing fees", whatever those are. Someone writes us a check for $100, we deposit it in the bank, the bank credits our account $100. No service charge ever debited for this purpose.
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