Question

Which of the following is the BEST reason to use cash for making purchases?
A. Keeping track of how much you have spent is simple,
B. Splitting bills with friends is easier.
C. Getting more cash from an ATM machine is easy to do.
D. Knowing what you have spent your money on is
simple.

Answer 1

Answer:
A. Knowing what you have spent your money on is simple.

Explanation:

Although each answer may be deemed true in a way, it is important to realize the differences between cash and a credit card. Psychologically, if you’re purchasing items with cash you tend to spend less because you are budgeting yourself to a certain amount. Always counting the change after. If you pay with a credit card you may spend more unconsciously, making it a lot easier to lose track how much you’ve spent, and bought.

Answer 2

a. keeping track of how much you spent is simple