Reader Poll: Cash or Credit?

Do you prefer to pay with cash, or with your credit or debit card? Does it depend on the purchase?

Lately I’ve become a lot more keen on being frugal and guarding against spending my money. Because I tend to spend more when I’m paying with my credit or bank cards, I’ve decided to simply withdraw the money I “allow” myself to spend on discretionary things so that I can monitor more closely how I’m spending my cash. Bank fees have also grown quite ridiculous so I may be using my bank card a lot less from now on! For online purchases, there’s always PayPal.

PS – No need to worry about identity theft, either, if you enroll with life lock.