
814-Will Your Bank Automatically Send All Your Info to the IRS?
Radical Personal Finance
00:00
Credit Card Transactions - It's Simplified and Less Convenient
Most of us have voluntarily chosen to move our spending on to credit and debit cards. We're convinced that it's far more convenient to do that than it is to carry physical bills. And so we've generally just made it simpler. It's easier to find fraud and theft from your employees if you have fewer cash transactions. In the united states, generally, there's no such thing as minimum purchase requirements really any more. You don't go into a store and it says you have to spend at least ten dollars to swipe a card,. That's 37 cents in the vast majority of places for a card.
Play episode from 31:51
Transcript


