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The headline sounds like it means some places charge more to people paying with their phone. This is not what the article is about. The article is about how peo
by jrmg 3y ago
The headline sounds like it means some places charge more to people paying with their phone. This is not what the article is about. The article is about how people are apparently buying more stuff because payment is easier.
- Joker_vD 3y agoI imagine not having to physically forking out the notes and coins from the one you have in your pocket/wallet, where you can literally see your money supply diminishing, also has something to do with that.
- Liquid_Fire 3y agoThat might be the case if we were comparing it to cash, but the article appears to be comparing it to card payment.
- lxgr 3y agoI do believe that some people account for money that way, but for me it's the opposite: On my credit card statement or bank account, I can at the end of the month see in detail how much I've spent, broken down by category and merchant; with cash, it all just shows up as "ATM withdrawals" and I have no sense for where it all went.
- Ylpertnodi 3y agoI use a budget/ spending tracker and even my cash spending is logged, which is really tedious but has reigned in my overspends. There's always a rounding error with cash (lost a coin, left some in the car etc) but I really surprised myself with some actual savings made. Even 50 cents for a cup of coffee 4 times a day adds up. I completely gave up coffee.