It begins with a small, almost old-fashioned act. A shopper reaches into their wallet, pulls out a few notes, and hands them to the cashier. There is a pause. A moment of hesitation. Then the transaction is done. Personal finance expert Dave Ramsey says that moment carries more weight than many realise.
His argument is simple. If you want to spend less money, start using more cash. It may sound counterintuitive in a world built on digital convenience. However, findings from behavioural economics research point to measurable differences in how people respond to cash compared with digital payments.
