Traditionally, I am a gal who rarely uses cash. I have a tendency to lose it. I spend all the big bills and end up with change and ones everywhere. Unless it's something I know I may want to exchange, the receipt tends to get lost in never-never land, meaning when it comes time to settle up with Quicken, I'm out of sorts. Historically, I've avoided cash so much that I used to give both husband and children weekly allowances so that I wouldn't have to deal with the "Do you have a dollar or two" requests.
This doesnt mean that I use a credit card, my payment of choice has been the debit card from my bank (USAA). It allows me not to have to fumble around with change, and with easy, regular downloads to Quicken, it has been easy for me to see where money has gone (I'm one of those folks who generally shops at one store for one type of thing. I buy food at the grocery, and home repair items at home depot. Occasionally I have a shopping to trip to somewhere like Target that is a mish mash)
Currently, I'm more interested with how much is leaving rather than where it goes, frankly. Experts regularly advise that people who use plastic spend more than those who use cash. For this reason, I'm going to attempt to go with the flow and use cash for the summer for all non bill expenses. Obviously, there will be exceptions. I'll still pay at the pump rather than going inside, and there may be the occasional discount or Christmas deal or hotel reservation that has to be made online. But for the most part, I will take an alloted amount out for the month, pay the bills, and let that be that. Whether or not I will spend less, who knows. I like to think that I am pretty frugal no matter what the form of payment.
Life's an adventure, and I am always willing to experiment and explore on my way to cutting expenses and living well. June will be the first month of my new system. We'll see if those experts know whereof they speak, after all.
What about you? Do you spend cash, pay with a card, or mix it up?