Four reasons why you should be paying in cash

What’s more unfashionable than paying in cash? Not much. But the advantages in many situations outweigh the hassle of counting your change.

Not for convenience: Some people see using cash as a throwback, says an article at Indeed, it says, the convenience of plastic is not what you’re after when you choose to use green-backs. Still, if overspending is your problem, paying cash is one of the few ways to finish a month without having increased your debt load;

Better health: Paying in cash at the grocery compels shoppers to make healthier food choices, according to this episode of Scientific American’s 60 Second Mind podcast series by Christie Nicholson. Researchers found that credit- and debit-card shopping really does foster impulse and junk-food buying. By contrast, shoppers feel a sort of “pain” in forking over cash that limits the impulse-buying;

King of discounts: This post by Michael Estrin at says there’s money to be saved in paying cash at establishments that offer discounts for doing so. First, there’s a rise in the number of gas stations offering a discount for cash. In addition, take-out restaurants and doctors’ offices often give discounts for cash; sometimes, the savings are substantial.

Cash for clunkers: offers this post by Colin Bird to outline the advantages of paying cash for a car. The thought seems impossible for most new-car buyers, but the savings in interest costs on a car loan could be substantial. The advantage is less clear if the dealer is offering zero interest;

More in Herald Business Journal

Snohomish County’s campaign to land the 797 takes off

Executive Dave Somers announced the formation of a task force to urge Boeing to build the plane here.

A decade after the recession, pain and fear linger

No matter how good things are now, it’s impossible to forget how the collapse affected people.

Panel: Motorcycle industry in deep trouble and needs help

They have failed to increase sales by making new riders out of women, minorities and millennials.

Costco rises as results display big-box retailer’s resiliency

Their model has worked in the face of heightened competition from online, brick-and-mortar peers.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Tax reform needs the public’s input on spending priorities

The GOP tax plan is a good idea, but the next step should give us a voice on how taxes are spent.

Commentary: GM, Boeing fight a war of words over Mars

Boeing is strongly signaling how crucial deep-space exploration is to its future.

Under cloud of ethics probes, Airbus CEO Enders to step down

He leaves in 2019 after 14 years. Meanwhile, aircraft division CEO Fabrice Bregier leaves in February.

$4.99 sandwich promotion irks some Subway business owners

Management insists that “most franchisees support the promotion.”

Most Read