Cash Is King

Credit cards are a great way to build credit and earn rewards, but they can also be dangerous. A lot of people end up in serious debt because they don’t know how to use them properly. When you use cash you get immediate gratification and it’s easy to budget your money if you keep track of how much you have on hand at all times. With that being said, here are some reasons why cash is still king when it comes to budgeting your finances!

Automatically Budget

You can set up automatic savings and bill pay by using a budgeting app. The benefit of using cash for budgeting is that it forces you to actually spend your money. You have to make a conscious decision on how much money will be spent as opposed to having it come out of your bank account automatically. When using an app, you don’t have to remember what else has already been spent so there won’t be any surprises when paying bills at the end of month.

A great way to start is by tracking all your expenses for one month and then categorizing them into categories like food, entertainment, transportation and so on. You can then see where all the money went each week/month until you begin identifying patterns in spending habits that need changing or areas where more savings could be made (e.g., eating out less frequently). Once this step is complete, use the budgeting app’s built-in tools such as alerts and notifications about upcoming due dates; these features will help keep track of things like monthly bills without having another reminder floating around in your head (and thus making it easier not only save but also reduce stress levels).

Help you with your impulse buying habit

You can’t spend what you don’t have.

It’s a simple concept, but it’s also one of the most effective ways to help you manage your spending habits. When you’re left with only cash and no possibility of going back to the store or online shopping site and buying more stuff, then you’ll be forced to change some things about how much money is coming in and going out.

For example: If there were an emergency situation that required us all to use cash instead of credit cards (and let’s hope that never happens), we’d likely stop buying things like shoes that cost over $100 because we wouldn’t be able to afford them anymore if they weren’t included in our budget.

Another benefit from using cash instead of credit cards is less temptation when making purchases. Since there are no rewards points for using cash vs credit cards, consumers won’t be tempted by those kinds offers when deciding whether or not it’s worth paying interest rates on items bought with borrowed money versus paying full price for something without any type of discount at all!

Immediate gratification

Cash is the fastest way to get what you want. Whether it’s a drink at the bar, a new pair of shoes or even groceries for dinner, cash allows you to buy things immediately without waiting for approval from a credit card company. The only delay that might occur would be if there’s not enough money in your account; but with cash, this isn’t an issue because there’s no line of credit involved at all!

When using credit cards online or in person, you can see how much money is available on your card and make sure it matches up with what you plan on spending before making any purchases. This is not possible when using cash; however, this does have its advantages: Because there are fewer steps involved between deciding what to buy and actually purchasing it (i.e., touching some paper), we are more likely to spend more impulsively using credit cards than if we had chosen cash instead (which requires us to physically hand over some bills).

Helps you keep your spending in check

When you use cash, you’re forced to be more aware of how much money you have. When you use a credit card, there is no physical limit—you can spend as much as your balance allows.

Think about it: if you have $50 in your wallet and want to buy something for $10, what will happen? You probably won’t buy the item unless it’s something you really need or want. Why? Because when there’s only $40 left on your card, it feels like that remaining balance represents part of your paycheck that has already been spent. If we try to be frugal with our spending habits, this kind of mentality rubs off on us too!

However…if we make the same purchase with a credit card instead (which doesn’t necessarily mean using an actual plastic card) and realize there’s still plenty left over in our account after paying off our bill later in the month…it might feel like those extra dollars were ours all along—and therefore easily accessible for later purchases without having gone through any sort of mental “budgeting process.”


Cash is still king, and for good reason. There’s a reason why so many people are choosing to use cash instead of credit cards or even debit cards. Cash gives you an immediate sense of security from using it because there is nothing else that can be charged against your account other than what you have on hand at any given time. Also, using cash helps keep spending in check because it forces one to only spend what they have available at the moment which helps avoid impulse buying (or loss). Finally, cash allows one to build credit faster since banks like seeing payments made without any delays due to checks being cashed or funds transferred between accounts before payment can be made on time every month!