I’m on a credit card kick. The credit card has gradually worked its way into the mainstream consumers wallet over the past few decades. Now, around 65% of American consumers have at least one credit card and the average American makes about 20-25% of their payments with a credit card – comparable to the usage… Continue reading Are credit cards losing their allure?
You may not think much of the decision to use cash versus credit versus debit on a day-to-day basis, but there’s a lot going on behind that decision (and its implications for your bank account), even if you’re not consciously aware of it. I’ve been seeing lots of new data and studies regarding how different… Continue reading Mainstream Monday: Credit cards – are they working for you?
We hear it in the media all the time: cash is dying (or should be killed off). We’re headed into a highly digitized world of payments where soon we’ll be paying for everything with just the touch of a fingertip. And it makes sense – the rise of electronic payment methods both inside and outside… Continue reading Is cash really on the way out?