The digital age has greatly simplified our financial transactions, but some experts still recommend using cash for specific purchases. Discover these 5 purchases for which cash is king, especially in France, and why it might be beneficial for your wallet.
1. Local markets and small businesses
One of the best places to use liquid is definitely the local markets and small businesses. In France, the markets are full of fresh and quality products, often directly from local producers. Using cash in these places avoids bank charges for the merchant, but also simplifies transactions and encourages the local economy. Additionally, trading is often easier with cash in hand.
2. Tips
THE tips are a common practice in France, especially in restaurants, bars and taxis. Although credit cards often allow you to add a tip when paying, nothing beats cash for this practice. Indeed, giving a tip in cash ensures that it will go directly into the pockets of the personnel concerned, without delay or expense. Plus, it also allows you to show your appreciation in a more personal way.
3. Impulse buying and budget control
To better manage your budget, experts recommend using cash for impulse purchases. Indeed, the fact of paying in cash makes it possible to become aware of the amount spent and to better control your expenses. Plus, it can make you think more before you buy something, which can cut down on unnecessary spending. So, withdrawing a set amount of money for your unplanned purchases can help you stay within your budget.
4. Emergencies and contingencies
Having cash on you can be very useful in case of emergencies or contingencies. Indeed, if your credit card is lost, stolen or simply refused, having cash can save you a lot of inconvenience. In addition, some situations require immediate payments, such as car breakdown assistance, and the use of cash is often preferable.
In summary…
The world is changing rapidly and digital is becoming more and more important in our lives, but it is essential not to overlook the importance of cash for certain purchases. By using cash for local markets, tips, impulse purchases and emergencies, you can simplify your transactions, support the local economy and manage better
My name is Laurent and I am an editor at 180back.com. I started writing for this site a few years ago because I like to share my knowledge and opinions regarding movies, series and technology. It has become a passion for me to discover new content and share it with others. I am convinced that I can help people discover new things and share my knowledge with them.
