Comments on: Holiday Shopping Trends: Cash is King Again

By: Christmas Budgeting Tips: Avoid Overspending At This Expensive Time Of Year | Bible Money Matters

Tue, 25 Nov 2008 16:51:27 +0000

[...] Holiday Shopping Trends – Cash Is King [...]

By: Miranda

Miranda — Tue, 25 Nov 2008 12:53:31 +0000

I agree that it isn’t necessarily a bad thing. It is a very visual reminder of how much money you have. You are right that we buy much more when we use a credit card (on average, $80 more per purchase). And we do need to change things in this country.

By: Justin @ FixThePig

Justin @ FixThePig — Tue, 25 Nov 2008 04:03:48 +0000

I don’t think that it’s necessarily a bad thing that people go back to cash. I often like to ask people how many Ipods they think would have sold over the past 5 years if not for credit cards. Would you shell out $300 bucks cash for one?
The mountain of credit card debt in our country is very troubling; we might have another crisis on our hands if spending on credit isn’t kept in check.

By: miranda

miranda — Tue, 25 Nov 2008 00:52:18 +0000

Yeah, that’s my main problem with PayPal: Not enough merchants accept it. We have done the pay the credit card off quickly thing for a while, and most of the time during the year it works out. Holiday time, though, usually means a glut of buying — from gifts to useless decor my husband finds to food we shouldn’t be eating anyway. We’re hoping that focusing on cash keeps those instincts in check this year.

By: Peggy

Peggy — Tue, 25 Nov 2008 00:10:12 +0000

Hi. I’ve actually never considered the eBillme option. I sometimes do PayPal, but too many sellers don’t accept it. Usually, we use the credit card for online purchases and pay it quickly. Though, that may not always happen.

eBillme might be a better option.