As you get older you begin to take on more expenses and start making more everyday purchases. With age and responsibility also comes more options for ways to spend your money. Money MindEd is here to help you understand the different payment options when it comes to making purchases.

Cash: Cash is a great necessity to have on you for small everyday purchases. With cash you know you have money to spend, unless it should be placed into your savings account. One downside to cash is that it is not easy to track, commonly you will look into your wallet and wonder where your $20 bill went. It is therefore a good idea to keep a money diary to track your purchases and stick to a budget. Read more…