You think it’s easier to carry a couple of cards in your wallet than a handful of cash and coins. Sure, cards are less bulky, but paying with cash could actually be more beneficial.
In a world where we can pay with the swipe of a card or the push of a button, is using cash still relevant? Here are seven reasons why paying with cash will benefit you the most.
1. You’ll value your purchases more
Journal of Consumer Research author and University of Toronto assistant professor of marketing Avni Shah said:
“You feel something when you physically part with your money, and there are different levels of pain depending on the type of payment.”
2. Your purchases will feel more meaningful
The same study reveals that those who have donated using cash “felt more connected to their chosen charities and less connected to the ones they hadn’t picked.” Shah then suggested that cash could help customers make more thoughtful shopping decisions.
3. You’ll buy less junk food
Since you don’t have an unlimited amount of cash inside your wallet, you make better choices and food is not an exception.
4. You’ll have a true understanding of your needs and your wants.
If you’re using a credit card, you would throw whatever in the cart and figure the credit fairy was there to cover you. But if you only use cash, you will take the time to pause in the aisle and really think about the necessity of your purchases.
5. You’ll save money
When you’re using a credit card, it’s easy to make purchases and tell yourself that you’ll pay the bill at the end of the month. But that’s a slippery slope.
The best way to avoid that trap is to pay for things with cash. And the best part of it is that you won’t owe anyone anything at the end of the month—because you’re only spending money that’s already yours.
6. You’ll spend less frivolously
For many people, budgeting is an excellent tool for keeping spending under control. It’s easy not to realize how much charging a cup of coffee here, and a new book there, can add up over the course of the month and get you in trouble.
7. You’ll keep track of costs better
If you’re using cash, you can see your money thinning every time you purchase something. Therefore, you’ll learn to distinguish the good deals rather than splurging on something every single time.
California City To Pay Monthly $500 Allowance To Its Residents
Is it time to move to Stockton, California?
Stockton is not exactly the first place that comes to mind when considering an ideal place to live in California. After all, it was once touted "the most miserable city in the U.S." by Forbes back in 2011. The city was previously on the verge of bankruptcy and people were unsure whether living in Stockton would be a good idea.
Interestingly, it looks like the California city has bounced back since those dark days. Stockton will reportedly take part in a major test for Universal Basic Income (UBI). In line with this, the city will pay 100 of its residents a monthly stipend of $500 in 2019.
Stockton is the first US city that will take part in the UBI program starting next year.
Kukur Tihar, A Colorful Nepalese Festival That Honors Dogs As Man’s Best Friend
Dogs are pampered on the second day of the Hindu festival.
There is little doubt that people are grateful that they have dogs in their life. However, a Nepalese festival takes the canine appreciation to a completely different level. Tihar is a Hindu festival that celebrates animals and siblings during a five-day period. Not surprisingly, the second day known as Kukur Tihar is a truly special one because it honors dogs and their friendship with mankind.
Tihar is also known as the festival of lights and is celebrated in October or November. The festival honors Laxmi, the Hindu goddess of wealth, fortune, and prosperity. In the five days of the festival, people pay tribute to crows, cows, oxen, and even brothers. However, it is Kukur Tihar and the absolute worship of dogs that always gets the biggest international coverage.
A lucky pooch is showered with flower petals and covered with colorful powder during the Hindu festival.
Things To Know About The Royal Kids’ ‘Strict’ And ‘Firm’ Nanny
She must really be a superb nanny!
Being a nanny for a royal child can be a demanding and taxing task, but exciting as well. There are a lot of qualifications and demands to be deserving of the job. But Maria Borrallo proved herself competent enough as she is the only nanny to assist Kate Middleton and Prince William in taking care of their three royal children.
As the babysitter of the British Royal family babies, Maria Teresa Turrion Borrallo is reported to be firm and strict, but loving and soft with the children. Aside from taking immediate care to the children, she was also recorded teaching Prince George and Princess Charlotte how to speak Spanish as well.
Maria has become a helping hand for Prince George ever since the prince was 8 months old.