For your everyday spending do you use cash or a debit card?

@Sherry12 (2475)
United States
June 11, 2007 8:34am CST
I've been experimenting on what works best for us in not going over our budget. I'm finding if we use cash and know that is all we are going to spend that week, we do better then using a debit card. I was surprised because I thought it would be too easy to spend if having the actual cash in hand. But, I think now that a debit card is to easy to spend more then you had planned. How do you deal with your daily expenses? Cash, debit or credit card?
17 people like this
64 responses
@terri0824 (4991)
• United States
11 Jun 07
Sherry I tend to do both. I generally have some cash on me during the week, since my cousin pays me cash to clean his house for him. But I also use my debit card too, like at the gas pump. Don't have to worry too much about it though, because there's not generally too much extra either way.
3 people like this
• United States
11 Jun 07
I use my debit card. I do that for safety .if i were robbed and was carrying cash,i would be out but if i were robbed and i just had my cards,i could have them frozen right away.it's the same thing if i were to leave my pocket book somewhere and some one pilfered it.
@Sherry12 (2475)
• United States
12 Jun 07
That is what I thought, but I just spend too much when I use my debit card. Though the debit card is much easier to use.
1 person likes this
• United States
12 Jun 07
I would spend more cash than I should too,lol. I had a hard time getting my spending under control. it's so easy to go shopping crazy
1 person likes this
@KissThis (3006)
• United States
11 Jun 07
I use both cash and debit. I admit that I use to spend less if I was using cash though. These days I very seldom carry cash but I have learned to be able to manage how much I spend using my debit card just by setting myself a limit. I will tell myself on Sunday how much money I have to spend for that coming week. I keep track during the week of what I have spent and I don't allow myself to go over the set amount.
2 people like this
@Sherry12 (2475)
• United States
12 Jun 07
That's great you can manage your debit card like that. I always go over my budget.
@ackars (1942)
• India
11 Jun 07
I use cash.Im just a medical student and most of the shops which are near to our college has not yet started using the credit card system and very hardly we guys go out to the main city which is 3 hours from the college.So we dont use credit card.
@Sherry12 (2475)
• United States
12 Jun 07
That is good, you don't have to worry about over spending.
@chotche (13)
• Canada
11 Jun 07
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@Sherry12 (2475)
• United States
12 Jun 07
Thanks for posting that, I will check it out.
• Hong Kong
11 Jun 07
For daily expenses, I prefer to use cash honestly. I do think I have better control on my budget because I can literally see the money in my purse. I also spend a lot less on useless stuff if I am using cash, because I would say to myself "hey that's it! It's going to last till month-end, be frugal!" I think using a debit card is not bad but the thing is I usually forget how much I have spend and I would be surprised when I look at my bank account again! So cash is really better. But when I am on a major shopping day for clothes and stuff, I would use a credit card and keep the receipt, so that I could make sure how much I have really spent.
@Sherry12 (2475)
• United States
12 Jun 07
That's what I think I'm just more careful with the real cash.
@321633wy (1795)
• United States
11 Jun 07
I Althought a lot of people thought using debit card will easily over spend your budget then using cash on shopping .BUt if you always be alert how much you supose to spend foods ,bills ,gas and how much balance you have in your account,you will be very careful for what and how much you should spend each time. It works better for me by using my debit card then credit card .Most of the times i tend to over spend on credit card because i don't have to worry whether if i have enough balance in my account.I then realize i have over spened when i received the credit card bills...
2 people like this
@mamacathie (3929)
• United States
11 Jun 07
I have stopped using my credit card even if I plan to pay if off at the end of the month. It is just too easy to over spend. I think using the debit card makes it way too easy to over spend too. So I guess keeping cash is the best.
2 people like this
• United States
11 Jun 07
I find we use a debit/credit card more, in fact, it seems I can go weeks with a $1 in my purse using my credit card than having the cash in my wallet using cash.
2 people like this
@golfproo (1841)
• Canada
11 Jun 07
Hi Sherry, I always try to use cash. I find that a debit card, or even worse...a VISA are too easy. It does not even feel like you are spending money when you use them. However, when you see the actual cash disappear from your hands, it hurts much more. :) cheers,
1 person likes this
@maryannemax (12170)
• Sweden
12 Jun 07
yup. especially if you don't know how to discipline yourself in using one. you tend to buy this and that without realizing how much you are going to pay for the credit card bill next time. most people who are bad in handling their budgets end up in debt because of credit card issues... anne
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
So true.
@lingli_78 (12844)
• Australia
12 Jun 07
i use credit card for most of my daily expenses like groceries and gas but i control it very very tightly... i will make sure that i keep within the budget and i don't go over it... it just gives me time to earn more money and save my cash for sometime before paying my credit card bill... it works well for me...
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
That's great. I don't think I have that much self-contol.
@molusk (857)
• Philippines
12 Jun 07
It is a given that you tend to shop more if you are on credit, more so if you are an impulsive shopper like my wife. To save more, we now have reverted to cash shopping.
@Sherry12 (2475)
• United States
13 Jun 07
So far, it is working out for us.
@mayenskie (1308)
• Philippines
12 Jun 07
I always spend in cash and had never ever tried credit or debit cards. I do not have a credit card in the first place. I think you can be an impulsive spender if you depend on credit card since you can just swipe it as long as you have not exceeded your credit limit. But with cash, you can always take control. I think im all good with just spending my cash, that way i do not have to worry about debts and credit card bill month after month.
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
You are doing good by not using either debit or credit.
@nfhs79 (861)
• Malaysia
12 Jun 07
For everyday spending, I'd spend with cash rather than using any type of card for shopping. If I want something expensive incase I can budget wisely and paid the card on the right time. I have manage my card well. I hope I can spend with cash with care and ease.
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
You are doing very good.
@wisedragon (2330)
• Philippines
12 Jun 07
I concentrate on the discipline and the determination to save money. Since I have that, I can use whichever is most convenient on a case-to-case basis. Usually I use cash. If I'm short of it and the ATM machine is too far away, I'll use my debit card. For large purchases I use my credit card but that's rare.
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
I am trying to stay away from credit cards. I spend way to much when I have one of them with me.
@maryannemax (12170)
• Sweden
12 Jun 07
i always go for cash. mainly because i don't have a credit or a debit card. well, actually, my dad offered me an extension of his credit card and he's willing to pay the bills. but i said no to the offer. i know my tendency of buying lots of things when i have the opportunity and the money to spend. so, getting a credit card might just put my dad into trouble. so, it's one way of disciplining myself. i am used to using cash on a day to day basis. so, i am able to live within my budget... anne
@Sherry12 (2475)
• United States
13 Jun 07
You are being very smart.
@brothertuck (1257)
• United States
11 Jun 07
I get my money direct deposited so I don't see cash unless I go to an ATM and withdraw some. I need to get at least $40 or $50 a month to take care of little things but most everything else is taken care of with a debit card. It helps me because I know I need a certain amount each month for bills so that is kept separate (I have a connected savings account I transfer it to and move it back when it's needed) and everything else is there for everyday use.
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
You have a good system.
@packgirl4 (402)
• United States
11 Jun 07
What we do is we use cash only if at all possible. But me and my husband made the decision that we would no longer spend ANY change. It all gets put in a jar at the end of the night. At the end of each night we cash it in and put it in our savings account. We now have $400 in there and that is all from that change. It seems to be the only way we can save and it has been working well for us!
1 person likes this
@Sherry12 (2475)
• United States
13 Jun 07
That's a good idea.
@pyewacket (44036)
• United States
11 Jun 07
I think it's better to use cash too....I hate in away that say you do need cash money, and take it out at an ATM that the smallest it gives is a $20---sometimes you just need an extra 5 or 10 bucks..It's also so easy to fall in that trap that if your shopping and you have the ATM/Debit card just to charge up everything..you do wind up spending more...with cash on hand however I find I'm a lot more frugal...uh, nice way of saying cheap..LOL
1 person likes this
@Sherry12 (2475)
• United States
12 Jun 07
Not cheap, just being smart.
@TerryZ (22083)
• United States
11 Jun 07
Hi Sherry12 I usually use my debit card. But if I have enough cash on me then I will use the cash. I no longer have a credit card. And Im glad about that.
@Sherry12 (2475)
• United States
12 Jun 07
I can't hardly wait till we get our credit cards paid off. Then they are gone. I'm going to keep one for emergencies and that is all.