Cash is King

We all know why casinos have you buy chips to play the tables instead of using cash. They are obviously more convenient to use than currency, but more importantly, it is observed that individuals gamble more freely with markers than with cash. This lends itself to a discussion on consumer behavior and displacement of reality…

Lest I digress, given this knowledge, wouldnt it be prudent to recognize similar behavior patterns regarding credit card purchases.

Paying with cash makes you think twice about your purchases and helps cut down on unnecessary spending. Note – if you can’t afford to pay with cash, then you probably can’t afford to buy it.

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