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Friday, 15 February 2013

Cash Is King

With new technical ideas to be make it easy for us to spend our money without using cash we get further and further away from understanding the real value of money. Tweeting to pay for something, come on, just where is this going to end? With the world's richest countries owing trillions in debt (are they really that rich and developed if they owe so much?) it's little wonder that such an acceptance of debt as a way of life is becoming the norm for so many. But it doesn't have to be that way.

You know how much you spend on food and other items each week so just take out that amount of cash and stick to it! Once you start using cash you very quickly start to realise how much different goods really cost. And remember too that if you are starting to use your local shops more (10% of your weekly shop makes sense) using cash in those shops means the owners don't have to pay a percentage admin charge for each card transaction, keeping the real money in the local community. All this, and it doesn't cost you a penny more.

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