ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Top 3 Reasons to Use Cash Instead of Bank Cards or Credit Cards

Updated on January 22, 2011

Using cash has become a thing of the past for most people these days.  People tend to go with what's most convenient, and it's certainly handy to have bank cards/debit cards and credit cards so that you don't have to worry about carrying and handling cash.  In fact, many people today don't carry a single cent in cash with them, but instead depend on bank cards and credit cards.  While there's nothing wrong with that, using conveniences like this does have its price.  Here are three reasons that might make you consider switching from bank and credit cards to cash.


With cash, you're more aware of what you're spending

When you're carrying cash, you suddenly become more aware of what you're spending because it's concrete, unlike bank cards and credit cards where the money isn't tangible and you can't actually see it.  It seems almost as if people have tricked their brains into believing that because they can't see the cash, but they know it's in the bank or they have a certain balance on their credit card, they can spend whatever they want because it's there.  Unless you know the exact amount of money in your bank account, the exact amount you can spend, and how much money you'll have left after your purchases, it becomes difficult to keep track of the money in your bank, which can easily lead to overspending.

When you're carrying cash, and you only have so much, you can only spend that much.  If you go into a store intending to spend no more than $20 but you see a few other things you want that would bring your total over $20, with a bank card, it would be tempting to overspend because you know there's more money in the bank.  Carrying cash not only makes you think about what you're spending and where, it can teach you to be more conscious of what you're buying and eliminate impulse buying.  This is especially beneficial if you're on a tight budget and looking to cut costs.


Avoid bank fees by using cash

There are a myriad of fees associated with bank cards.  Depending on your bank, you can be charged fees for withdrawals, transfers, or any other number of transactions.  Some stores and restaurants charge a fee for paying with a bank card, and if you use your card in an ATM that's not affiliated with your bank, there's a fee.  Then there's the overdraft - if your account is set up with overdraft protection and you overdraw your account, there's an overdraft fee and you're charged interest.  The charge applies even if you go a few cents over the limit, and the fees and interest can be very high.

Keep cash in case of an emergency

Cash is always good to have on hand in case of an emergency.  Think of different emergency scenarios and how you might need cash.  For example, if you took sick or got hurt and had to take a taxi to the hospital, what if all you had was your bank debit card or credit card?  How would you pay for the taxi ride?  The last thing you'd want to do is ask the driver to stop at a bank machine so you can withdraw cash.

What if your child or spouse got sick and you had to rush to the pharmacy but their debit system was down and you didn't have a credit card?  Chances are, you wouldn't want to take time to drive to another pharmacy or find an ATM which may be miles away.  If you have cash, you don't have to worry about that happening.

There's nothing wrong with having a bank card/debit card or credit card, but there are many good reasons to carry and use cash.  If you're trying to get your finances in order and you're living on a tight budget, using cash is a great way to monitor what you're spending.  It's also a way to avoid overspending, avoid bank fees, and be prepared in case of an emergency.

Thank you for reading

Thank you for reading Top 3 Reasons to Use Cash Instead of Bank Cards or Credit Cards.  If you enjoyed this article and found it useful, please vote it up, rate it, and/or leave a comment - you don't have to be a member of HubPages to leave comments. If you'd like to learn more about me and read my other articles here at Hubpages, you can visit my profile page. I love writing for HubPages, and would recommend it to anyone who's interested in writing online. If you'd like to join (it's free to join and a great way to make money online), you can sign up here.


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)