ysabetwordsmith (
ysabetwordsmith) wrote2026-02-09 08:43 pm
Economics
Consumers spend much more when making digital payments instead of using cash
The use of digital payments has led people to spend more than they do when using cash, according to survey evidence from more than 1,200 consumers.
The shift reframes everyday purchases as moments where restraint weakens quietly, long before shoppers notice any change in their budgets.
This is why one of the most effective ways to save money is to buy things with cash, and thus, one of the many reasons for protecting the use of cash.
The use of digital payments has led people to spend more than they do when using cash, according to survey evidence from more than 1,200 consumers.
The shift reframes everyday purchases as moments where restraint weakens quietly, long before shoppers notice any change in their budgets.
This is why one of the most effective ways to save money is to buy things with cash, and thus, one of the many reasons for protecting the use of cash.


