Why is money at hand difficult to hold? I usually find it difficult to keep track of money anytime I have cash at hand, I make plans to hold money, but It never stays because something always demands the money, it is even so bad now that money kept in my account is also now being affected due to expenses. This is not something that happens to only me, I know that because of how money can easily be spent, many people now decide to avoid having cash, avoid taking ATM cards from their banks and also avoid activating USSD or internet banking, but is that really a long term solution? I blame myself a lot for spending so much and being irresponsible with money, but in your opinion, do you think that the soceity is contributing to the high and many expenses making money not to stay or is it just a bad habit I have?
It's a bit of a dumb message, because 95%+ of the world are still transacting with fiat cash and electronic payment methods every single day. It sounds like you have a personal finance problem that you are projecting on to others, when a little bit of financial education could answer many of your questions. Taking steps like budgeting for the future and moving money into savings accounts are simple steps that the average person can take to benefit long term. We're now seeing savings rates at some banks paying 6%+ which was unthinkable a couple years ago in the era of 1% central bank interest rates. Many people are happy with fiat currency and will continue to use it for a long time simply because it is most convenient, plus backed by governments.