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13 Times You Should Never Pay with Cash

Reader's Digest Logo By Sheryl Nance-Nash of Reader's Digest | Slide 1 of 14: Budget experts recommend paying with cash to avoid buying things you don't need, some businesses request cash-only payments, and we've all heard the old adage, cash is king, but is cash the way to go? Not always. In our changing world, some of the age-old advice about finances has to change, too. While there are certainly still some benefits to paying with cash, the current coin shortage, and the number of businesses no longer accepting cash due to the COVID-19 pandemic have made it clear that pulling out the plastic has become the new way to go. When making these payments, be sure to avoid using cash.

Cash isn't always king

Budget experts recommend paying with cash to avoid buying things you don't need, some businesses request cash-only payments, and we've all heard the old adage, cash is king, but is cash the way to go? Not always. In our changing world, some of the age-old advice about finances has to change, too. While there are certainly still some benefits to paying with cash, the current coin shortage, and the number of businesses no longer accepting cash due to the COVID-19 pandemic have made it clear that pulling out the plastic has become the new way to go. When making these payments, be sure to avoid using cash.

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