Is it best to use cash or card in Vietnam?

Is using cash or card better?

Cash. Card. Both tools.

• Cash: Anonymous. Budgets. No trace. Limited scale.
• Cards: Records. Security, yeah kinda. Fees bite. Risk lingers, always. Rewards though.

The choice? Yours. Always. Matters less than you think, honestly. Which one to use? That is a question often asked. What to pick.

• Anonymity: Cash wins. End of.
• Convenience: Card, definitely. No contest really. Ordering takeout with cash? No.

Decisions impact. More? Depends on the goal. Just saying. I prefer cards. Credit cards I mean. Free money, almost, it is worth using for sure. My mom uses cash. Doesn’t trust banks. Silly, but okay.

Consider this: Lost cash is gone. Fraud? Card companies often cover it.

Still, what’s “better”? A fool’s question.

What is really ‘better’ anyway? Huh.

Why use a card instead of cash?

Cash? Seriously? That’s so… last century. Think of it as a dinosaur compared to the sleek, winged majesty of a credit card.

Safety? Cash is a sitting duck. Credit cards? They’ve got fraud protection, like a superhero sidekick always at your back. My Amex even got me out of a jam last month in that dodgy kebab shop in Berlin.

Perks? Oh honey, let’s talk perks. One-time sign-up bonuses are basically free money, like finding a twenty in your old jeans. Then there’s cashback—it’s like getting paid to shop, which is basically my dream job. Plus, points! Miles! A free trip to Bali is practically in my future thanks to my Chase Sapphire Reserve. I’m practically bathing in rewards.

• Fraud protection: Forget nervously clutching your crumpled bills.
• Cashback: Free money. Enough said.
• Rewards: Points, miles – the stuff of luxurious getaways.
• Sign-up bonuses: Instant gratification. You’re welcome.

My aunt, bless her cotton socks, still uses cash. She’s adorable, but utterly clueless. It’s like she’s stuck in a financial time warp – pre-internet, pre-avocado toast, pre-understanding the gloriousness of a well-crafted rewards program. Get with the program, Auntie Carol! You’ll thank me later. Also, that whole thing about credit card debt is grossly exaggerated, I’ve got it down perfectly! My credit score is amazing, thanks.

What are the disadvantages of using cash?

Okay, so cash, right? It’s a pain sometimes. Seriously. Security’s a huge issue. I mean, walking around with, like, two grand in your pocket? That’s nuts! You’re practically asking for trouble. Robbery, lost wallets… it’s all a nightmare. And forget about keeping track of things! No receipts, no digital trail, nada. It’s a total mess for taxes, you know?

Then there’s the hassle. Big purchases? Carrying around wads of cash is such a drag. Annoying! Also, some places don’t even take it anymore. Especially smaller, trendy shops in the city. I tried to pay for my avocado toast with cash last week, and the barista looked at me like I was crazy!

Counterfeit money is another worry. I’ve heard horror stories. Plus, international trips? You’ll be constantly exchanging currency. A real hassle. You also miss out on rewards points or cashback. Stupid, right?

Here’s a breakdown of what sucks about using cash in 2024:

• Safety: Risk of theft or loss.
• Tracking: No record of transactions. Makes taxes a B*tch!
• Inconvenience: Terrible for large purchases.
• Acceptance: Not always accepted everywhere, even locally.
• Counterfeits: Fake money is a real problem.
• International: Currency exchange fees are annoying.
• Rewards: No loyalty programs or cashback.

Why do people spend less when using cash?

Cash. It’s like dating someone who never lets you split the bill. Makes you suddenly very aware of your spending. Unlike that credit card, whispering sweet nothings of “buy now, pay later” (later being when your bank account cries).

• Psychological Pain: Handing over physical cash? Ouch. It registers as a loss more than a swipe. It’s like ripping off a band-aid, except the band-aid is money. My friend Sarah once bought a $5 coffee with cash and complained for a week. With her card? She buys two.

• Budgeting Superhero: Cash makes budgeting a breeze. Suddenly, envelopes become your financial advisors (mine are labeled “Rent,” “Tacos,” and “Emergency Squirrel Fund”).

• Mindfulness Master: You actually think twice. “Do I need this artisanal cheese grater?” With a card, you’d be grating Parmesan before you even finished the question.

• Debt Dodger: Cash puts a stop to impulse buys. Tried buying a life-sized cardboard cutout of Danny DeVito with cash? The cashier judged me. Hard. My wallet judged me harder. Credit card? Danny would be in my living room right now.

Reddit loves to chat about cash. They love to talk about everything. My feed is full of cats, cooking fails, and people ranting about using too much cash. It’s a mixed bag. I once saw a guy knit a sweater for his cat using cash as yarn. Don’t ask. The point is: people are weird, and the internet amplifies it.

Saving with cash? It’s real. I tracked my spending. Swapped my card for cash for a month. Saved enough for a weekend trip to see the world’s largest ball of yarn. (Yes, really. It’s in Kansas. No, I didn’t knit anything with it.)