this post was submitted on 09 Apr 2024
71 points (89.0% liked)
Technology
59329 readers
6779 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You're ignoring the psychological effect of seeing the wealth transfer with something like cash as opposed to plastic (or digital).
You aren't immune to those reactions, just like people can still be impacted by a placebo even if they know it's one.
Now if you're rich enough to not care, thats awesome, but he effect still remains.
I get your point and that maybe there is a bias.
But in years of tracking my spendings (mostly with my smartphone) I have pretty constant spendings for my day to day live (rise of cost of living etc. in mind).
I would describe me not as rich -not even close.
Tracking budgets for example food / clothes per month helps me staying in a certain range.
Do you have any data from a period where you paid cash for most things you could? Gas, groceries, etc.
Would be interesting to see the comparison.
Unfortunately not.
My records over 4 years are heavily mixed with predominantly card payments.
Perhaps the continuous use of card payments has an influence?