Saturday, March 24, 2012

Does Using Cash Lead You To Spend More or Less?

Yes, giant companies will take a bite out of these transfers, and that sucks. We can hope that consumer demand creates cashless technology with lower transaction tolls. On the flip side, though, consider that my ATM withdrawal incurred a $1.50 fee from the bodega and a $2fee from my too-big-to-fail bank. Granted, I could have walked 12 minutes to the nearest no-fee ATM, but I didn?t have time. (Spare me, credit union fanboys and fangirls. I know you?re right, I should make the switch. I will some day. But it?s a hassle, and I?d have to redo all my electronic billing and direct deposit settings.)

Source: http://feeds.slate.com/click.phdo?i=8c4f1b51dd79c8be99dafa483d2c85fc

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