FCP012 - Paper vs Plastic
Financial Conversation Podcast
English - March 21, 2016 09:30 - 34 minutes - 32 MB - ★★★★★ - 5 ratingsCareers Business Investing entrepreneur budgeting finance increasingyourincome lifestyle money onlinebusiness personalfinance sideincome solopreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this week's episode of the podcast, we discuss the pros and cons of credit cards versus cash, AKA Paper vs Plastic. There are a lot of factors to consider when choosing how you will pay for goods and services.
Choosing how to spend your money is your choice. We offer our insight covering issues such as ease of use/abuse of your credit card, having cash "burn a hole in your pocket", and also benefits of both types of purchase options.
In this episode we discuss:
1:15 – Which is easier to carry? Cash or Credit?
2:25 – Gas station horror stories
6:10 – Credit card ease of use
12:00 – Security benefits of plastic
16:30 – Cash benefits
24:05 – Do you feel vulnerable with cash?
28:00 – Conclusion and closing advice
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