Telegraph - The Trick to Mindful Spending - Ditch Cards for Cash

The Daily Telegraph is right to advise readers that using cash is the best way to manage personal spending.

Credit cards were invented to induce users to overspend and fall into expensive debt.

In March 2023 total UK credit card debt stood at £65 Billion, with an average annual percentage interest rate of 22.3%.

The best advice?

Put your credit card in a drawer AND USE CASH!

telegraph.co.uk/columnists/2023/06/23/money-cost-of-living-cash/