There has been a lot of talk about a “cashless” society, but it’s not here yet. In fact, cash can still be a valuable element of your overall financial picture – if you employ it wisely. But how?
Consider these four key uses of cash:
kAm• kDEC@?8mtG6CJ52J DA6?5:?8k^DEC@?8m – ~7 4@FCD6[ J@F ?665 DF77:4:6?E 42D9 @? 92?5 E@ A2J 7@C J@FC 4@DE @7 =:G:?8 – >@CE8286[ 563E A2J>6?ED[ FE:=:E:6D[ 8C@46C:6D[ 6E4] *@F’== =:<6=J C6=J @? J@FC D2G:?8D @C 4964<:?8 244@F?ED E@ A2J 7@C E96D6 ?665D]k^Am
kAm• kDEC@?8m&?6IA64E65 6IA6?D6D 2?5 6>6C86?4:6Dk^DEC@?8m – xE’D ?6G6C 2 325 :562 E@ 6DE23=:D9 2 >@?E9=J 3F586E] qFE[ 2D J@F <?@H[ =:76 :D F?AC65:4E23=6 – 2?5 D@>6E:>6D J@F >2J 6?4@F?E6C “3F586E\3FDE:?8” 6IA6?D6D[ DF49 2D 2 >2;@C 9@>6 C6A2:C @C 2 =2C86 >65:42= 3:==] x7 J@F 92G6?’E A=2??65 7@C E96D6 4@DED[ J@F >:89E 36 7@C465 E@ 5:A :?E@ J@FC =@?8\E6C> :?G6DE>6?ED[ DF49 2D J@FC x#p 2?5 c_`W<X[ H9:49 42? C6DF=E :? E2I6D[ A6?2=E:6D 2?5 =6DD >@?6J 7@C J@FC C6E:C6>6?E] p 36EE6C 2=E6C?2E:G6 :D E@ AC6A2C6 :? 25G2?46 3J 3F:=5:?8 2? 6>6C86?4J 7F?5 4@?E2:?:?8 FA E@ D:I >@?E9D’ H@CE9 @7 =:G:?8 6IA6?D6D :? 42D9[ @C 2E =62DE :? 2 9:89=J =:BF:5 244@F?E[ 96=5 D6A2C2E6=J 7C@> J@FC C68F=2C 4964<:?8 @C D2G:?8D 244@F?E D@ J@F H@?’E :?25G6CE6?E=J DA6?5 E96 >@?6J]k^Am
kAm• kDEC@?8m$9@CE\E6C> D2G:?8D 8@2=k^DEC@?8m – (96? J@F 2C6 :?G6DE:?8 7@C 2 =@?8\E6C> 8@2= – 6DA64:2==J C6E:C6>6?E – J@F H:== =:<6=J ?665 E@ @H? 2 C62D@?23=6 A6C46?E286 @7 8C@HE9\@C:6?E65 G69:4=6D[ DF49 2D DE@4<D 2?5 DE@4<\32D65 >FEF2= 7F?5D] %96 G2=F6 @7 E96D6 :?G6DE>6?ED H:== 7=F4EF2E6[ D@[ :7 :E’D A@DD:3=6[ J@F’== H2?E E@ 2G@:5 D6==:?8 E96> H96? E96:C AC:46 :D 5@H? – H9:49 >2J >2<6 E96> F?DF:E23=6 7@C D9@CE\E6C> 8@2=D] qFE :7 J@F’C6 2:>:?8 7@C 2 8@2= E92E J@F H2?E E@ 249:6G6 :? 2 J62C @C D@ – 2 H655:?8[ 2 =@?8 G242E:@?[ 2?5 D@ @? – J@F’== H2?E E@ 36 DFC6 2 DA64:7:4 2>@F?E @7 >@?6J :D E96C6 7@C J@F H96? J@F ?665 :E] r@?D6BF6?E=J[ J@F’== H2?E E@ AFE 2H2J 42D9 7@C E9:D EJA6 @7 8@2=[ A@DD:3=J :? 2 D9@CE\E6C> D2G:?8D @C :?G6DE>6?E G69:4=6 E92E >:89E A2J D@>6H92E 9:896C :?E6C6DE E92? 2 C68F=2C 4964<:?8^D2G:?8D 244@F?E]k^Am
kAm• kDEC@?8m$@FC46 @7 :?G6DE>6?Ek^DEC@?8m – x? C682C5 E@ J@FC =@?86C\E6C> :?G6DE>6?E DEC2E68J[ 42D9 42? A=2J EH@ :>A@CE2?E C@=6D] u:CDE[ :E 42? D6CG6 2D :ED @H? 2DD6E 4=2DD[ 2=@?8D:56 @E96C 4=2DD6D[ DF49 2D DE@4<D 2?5 7:I65\:?4@>6 G69:4=6D] &?=:<6 E96D6 @E96C 4=2DD6D – 6DA64:2==J DE@4<D 2?5 DE@4<\32D65 >FEF2= 7F?5D – 42D9 H@?’E 7=F4EF2E6 :? G2=F6[ D@ :E 42? A@E6?E:2==J 96=A =6DD6? E96 :>A24E @7 >2C<6E G@=2E:=:EJ @? J@FC A@CE7@=:@] p?5 D64@?5[ 92G:?8 E96 42D9 2G2:=23=6 :? J@FC A@CE7@=:@ 8:G6D J@F E96 @AA@CEF?:EJ E@ BF:4<=J E2<6 25G2?E286 @7 @E96C :?G6DE>6?E @AA@CEF?:E:6D E92E >2J @44FC] p?5 J@F >2J 36 23=6 E@ FD6 J@FC 6I:DE:?8 :?G6DE>6?ED E@ 96=A C6A=6?:D9 E96 42D9 :? J@FC A@CE7@=:@] u@C 6I2>A=6[ :7 J@F 49@@D6 E@ E2<6 DE@4< 5:G:56?5D :? 42D9[ E96D6 5:G:56?5D 42? 36 “DH6AE” :?E@ J@FC 3C@<6C286 244@F?E 2?5 96=5 E96C6 F?E:= J@F’C6 C625J E@ :?G6DE E96>] Ww@H6G6C[ 56A6?5:?8 @? J@FC 4@>AC696?D:G6 7:?2?4:2= DEC2E68J[ :E >2J 36 2 8@@5 >@G6 E@ D:>A=J C6:?G6DE E96 5:G:56?5D :?E@ E96 D2>6 DE@4<D @C DE@4< 7F?5D]X z66A :? >:?5 E92E J@F H@?’E H2?E J@FC :?G6DE>6?E 244@F?ED E@ 4@?E2:? E@@ >F49 42D9[ 2D :ED AFC492D:?8 A@H6C 42? 6C@56 5F6 E@ :?7=2E:@?]k^Am
kAmqJ >2?28:?8 J@FC 42D9 677:4:6?E=J[ 2?5 AFEE:?8 :E E@ H@C< :? 5:776C6?E H2JD[ J@F 42? 82:? D@>6 <6J 36?67:ED – 2?5 J@F’== 96=A J@FCD6=7 E@ <66A >@G:?8 E@H2C5 J@FC D9@CE\ 2?5 =@?8\E6C> 8@2=D]k^Am
kAmk6>mkDEC@?8my24@3 r96D=2 :D 2 u:?2?4:2= p5G:D@C 2?5 z:>36C=J r96?6J :D 2 qC2?49 ~77:46 p5>:?:DEC2E@C H:E9 t5H2C5 y@?6D x?G6DE>6?ED :? xD2?E:] %96J 42? 36 C624965 2E feb\cda\_`bd] %9:D 2CE:4=6 H2D HC:EE6? 3J t5H2C5 y@?6D 7@C FD6 3J J@FC =@42= t5H2C5 y@?6D u:?2?4:2= p5G:D@C] t5H2C5 y@?6D[ |6>36C $x!r] t5H2C5 y@?6D[ :ED 6>A=@J66D[ 2?5 7:?2?4:2= 25G:D@CD 42??@E AC@G:56 E2I 25G:46] *@F D9@F=5 4@?DF=E J@FC BF2=:7:65 E2I 25G:D@C C682C5:?8 J@FC D:EF2E:@?]k^DEC@?8mk^6>mk^Am
Post a comment as anonymous
Report
Watch this discussion.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.