In today’s digital world, carrying cash is becoming less of a necessity. (You should, however, always keep a few $5 and $10 bills at the ready—what if the ATM breaks down?!) In this cashless society, it is tempting to seek out alternate methods of paying for the things you need. This is especially true when you see so many of your friends carrying debit cards and credit cards.
The convenience offered by debit cards and credit cards is a strong lure. Part of your initiation into real-world money matters has to do with the balance you strike between traditional cash spending and the sometimes risky use of these plastic forms of money.