Post
Topic
Board Economics
Merits 3 from 3 users
Topic OP
Do cash control spending more than digital or crypto currency?
by
Die_empty
on 08/08/2022, 09:26:35 UTC
⭐ Merited by Lucius (1) ,Darker45 (1) ,Franctoshi (1)
A recent research by the Britsh Post Office unveiled that 71% of Brits planning on going on holiday in the UK this year intended to take out cash before leaving. There have been high increase in cash deposit and withdrawals in Britain. I People are going back to cash because the believe that it keeps tighter control on their spending as living costs soar.

It is believed that cash helps people budget, as using it means you literally can count the pennies. Paying with a card or crypto currency make spending easy and convenient that sometimes one tend to overspend. Sometimes one might not even know the balance of his account but with cash you are always aware of how much you have.

What do you think?