Always use cash for these 4 purchases, according to financial experts

Dollar bill in a wallet

The digital age has greatly simplified our financial transactions, but some experts still recommend using cash for specific purchases. Check out these 5 purchases where cash is king, especially in France, and why it could be good for your wallet.

1. Local markets and small shops

One of the best places to use cash is definitely local markets and small shops. In France, markets are full of fresh, quality products, often directly from local producers. Using cash in these places not only avoids bank fees for the merchant, but also simplifies transactions and encourages the local economy. In addition, negotiation is often easier with cash in hand.

2. Tips

Tipping is a common practice in France, especially in restaurants, bars and cabs. Although bank cards often allow you to add a tip when paying, nothing beats cash for this practice. Indeed, tipping in cash ensures that the tip will go directly into the pockets of the staff concerned, without delay or cost. In addition, it also allows you to show your appreciation in a more personal way.

3. Impulse buying and budget control

To better manage your budget, experts recommend using cash for impulse purchases. Paying cash makes you more aware of how much you're spending and helps you control your spending. It can also make you think more carefully before buying something, which can reduce unnecessary spending. So, taking out a set amount of money for your unplanned purchases can help you stay within your budget.

4. Emergencies and contingencies

Having cash on you can be very useful in case of emergency or unforeseen situations. Indeed, if your bank card is lost, stolen or simply refused, having cash on hand can save you a lot of trouble. In addition, some situations require immediate payment, such as car repairs, and cash is often preferable.

In summary…

The world is changing rapidly and digital is becoming an increasingly important part of our lives, but it's essential not to overlook the importance of cash for certain purchases. By using cash for local markets, tips, impulse purchases and emergencies, you can simplify your transactions, support the local economy and better manage