Cash
Advantages and Disadvantages
Advantages
- No receipts to keep track of
- No need to reconcile your receipts to your credit card statement
- Helps you stay on budget
Disadvantages
- Potential inconvenience of going/getting to an ATM
- Potential for losing your wallet/having it stolen (but this can also happen with other forms of payment)
- You may have an emergency and need to make a purchase but not have enough cash to do so