If You're Still Paying With Cash, Stop. Credit Cards Are Better In Every Way

The article discusses the decline of cash use in favor of credit cards, highlighting that cash accounted for only 15% of in-store transactions by 2024. It emphasizes the convenience of credit cards, as they are more portable compared to cash, allowing for minimal wallet space. Additionally, the importance of building credit history through credit card use is noted, especially for securing loans for significant purchases like a home or car. The piece ultimately posits that credit cards offer better protection and benefits, reshaping the idea that 'cash is king.'

Cash use has declined by 44% from 2014 to 2024, with credit cards preferred for in-store transactions due to convenience and rewards.

Credit cards offer significant benefits such as building credit history and providing better purchase protection, making them a more appealing choice than cash.

Read at 24/7 Wall St.