It’s the opposite for me. I have to be far more involved to track cash payments, with bank accounts I can easily see and track everything and make sure my budget stays in sync.
I also find card payments easier to track. My bank also provides a budgeting application integrated into their online banking, with automatic categorisation which is very useful. It shows how much you spend where and what your end of month balance will probably be. You can also set an alarm to warn you when you go over budget. Basically, they provide you with the same payment history analysis tools most banks probably have running in the background already.
It was never true, I’ve been paying almost exclusively with cards for years, but since Covid & SumUp (easy and cheap card reader, including a phone extender) I finally feel comfortable simply not having cash at all most of the time. Last year’s Christmas market had several booths with PayPal options, as did a few flea market’s I’ve been to this year.
You can almost always also pay with card, but it’s often only Girocard, not Visa or Mastercard. The fees of Girocards/Giropay are much lower, because it’s run by the banks themselves, i.e. the companies most likely already have accounts at those banks, so they can subsidise the transaction fees with the banking fees the companies already have to pay anyway. Larger stores often accept credit cards, however.
They only use darn cash in Germany. Feels like going back to ancient times.
i prefer cash, gives you anonimity and an easier overwiev of your spending
It’s the opposite for me. I have to be far more involved to track cash payments, with bank accounts I can easily see and track everything and make sure my budget stays in sync.
I also find card payments easier to track. My bank also provides a budgeting application integrated into their online banking, with automatic categorisation which is very useful. It shows how much you spend where and what your end of month balance will probably be. You can also set an alarm to warn you when you go over budget. Basically, they provide you with the same payment history analysis tools most banks probably have running in the background already.
It was never true, I’ve been paying almost exclusively with cards for years, but since Covid & SumUp (easy and cheap card reader, including a phone extender) I finally feel comfortable simply not having cash at all most of the time. Last year’s Christmas market had several booths with PayPal options, as did a few flea market’s I’ve been to this year.
You can almost always also pay with card, but it’s often only Girocard, not Visa or Mastercard. The fees of Girocards/Giropay are much lower, because it’s run by the banks themselves, i.e. the companies most likely already have accounts at those banks, so they can subsidise the transaction fees with the banking fees the companies already have to pay anyway. Larger stores often accept credit cards, however.
Not true in cities, i havent had cash on me for at least two weeks now and Ive gotten by just fine
paper money is aight, but coins are super annoying