In our ever changing technological world we now have the choice in many places to pay for our purchases by a simple tap of our debt and/or credit card.  In a recent article from the Bank of Canada, “contactless credit cards in particular are seeing a strong growth in usage”* and cash continues to decrease in use.

• This can be great for convenience but as a result do we end up spending more than we planned?
•  Maybe you are wondering why your credit card balance is so high or why you may have ran out of money this month?
•  Is your savings being depleted or becoming nonexistent?

Do yourself a favour and take time to check that bank statement and/or credit card statement and  if your spending is out of control with tap and go maybe it’s time to put away the card and start using cash for a while.

*Bank of Canada.ca  May 14 2015 publication