Without the spending limits associated with carrying a certain amount of cash, research shows that most people are willing to spend more money using their credit cards than they would spend if they limited their purchases to cash.
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Without the spending limits associated with carrying a certain amount of cash, research shows that most people are willing to spend more money using their credit cards than they would spend if they limited their purchases to cash. Maybe it is the possible "loss" felt when the cash physically leaves your wallet and is transferred to a retailer. Maybe it is the convenience of the credit card--fewer pesky trips to the ATM at the bank. Or maybe, as Scott Bilker, founder of debtsmart.com notes:
