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Credit Card Vs Cash
The rich rule over the poor, and the borrow is a slave to the lender Proverbs 22:7
With the stock exchange going up and down, down then up. The financial institutions has everyone confused not knowing from one day to the next what is going to happen with their money. Businesses can’t plan their yearly budgets because of the uncertainty with these tariffs.
With these new tariffs, this means businesses have to adapt to price changes and protential supply disruptions, making fixed budget allocations challenging, not to mentiond food prices,gas, electricity, etc is going up day by day. “You ask yourself should I use cash or credit. Research tells us it all depends on your financial habits.”
Cash
When you use cash you will never have to worry about over spending or accumulating intrest or credit card debts/fees. Unlike a credit card cash doesn't accumilate, late fees, annual fees, or interest charges.
1.If you don’t pay your credit card off each month, intrests adds up on your credit cards. Believe me I am well aware of this, I have had intrest blow my credit card up at one time or another because I wasn’t able to pay off the balance on a monthly basis. This is why I am making it my business to pay off my cards completely.
