084 - Moira Somers - Advice That Sticks
Maven Money Personal Finance Podcast
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Is There a Relationship Between Cash and Difficulty?
When people are asked to switch to simply paying for things with cash instead of with credit, their discretionary spending goes down on average 28%. If they use cash for all, then credit cults. The more tangible the form of payment, the more likely we are to be careful about it if we had to haul a chicken or a goat into the store,. Now wyou can bet we would be far mor countrys shopping? Yes, shopping far less.
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