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How The Way We Handle Payment of Essentials has Changed

  • Writer: Tristan Forbis
    Tristan Forbis
  • Dec 7, 2023
  • 1 min read

Within our lives we have seen the changes that have been happening around us as the years progress. One of the things that has seen a major shift has to do with the way we seem to handle our common everyday needs where we use cash to provide the payment of goods and services that include everything from groceries to doctor's appointments. In recent times we've seen a gradual decline in physical cash and an increase in using our debit cards from the banks we have a membership with to have as an outlet for our paychecks. I personally think that we have a benefit to knowing how our finances play out in terms of the bills that we incur within common living expenses.



Some examples can include the electric or gas service at our house that we pay on a monthly basis to use the residential facilities that we have as essentials in our daily lives. I have responsibilities regarding the expenses at my house and the majority of them are automated versus cash type and there is a good and bad side to this. The good thing is you can have a quick check out process but the downside is you will always be tracked while using your money. This is one reason why you should always keep up with any type of credit or debit card to avoid unauthorized charges to your bank account.




Those are just some of the things that have happened with our economic system.


-Tristan

 
 
 

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