Is It Possible to Live Without Credit Cards, Debit Cards, and Cash Apps?

The old saying cash is king hasnt really been true in ages.

But cash is also stillvery useful.

Plus, cash is the ultimate in anonymous spending, as it is virtually untraceable.

Can you actually live cash-only in todays world?

Can you pay for all your basics necessities with cash?

Otherwise youre cashing a paper paycheck at a check-cashing place and paying ridiculous fees for the privilege.

On the other hand, the suggestion might make them suspicious of your finances.

But lets rate this apossible, as it can be done.

Utilities.Paying your electric, gas, water, and phone bills with cash ispossible, but often difficult.

Food.Grocery stores are probably the easiest places to use cash.

Almost all grocery stores are still set up to accept cash, even if they have self-serve checkout kiosks.

The one solid exception here is rental cars.

Still, cash-only transportation is mostly ayes.

Can you pay for the most common extras with cash?

But what if you actually want to leave your house and do things?

Stores.Almost all retail stores will still accept cashthough you may find exceptions.

But this remains adefinitelyfor the time being.

But well rate this ayes.

Hotels.This one is complicated.

Basically, the fancier the hotel, the less likely it will accept cash.

A four-star luxury joint?

Theft.One of the most miraculous things about credit cards is how easy they make it to recover from theft.

Frequently, reporting fraud on your credit cards results in zero loss to you personally.

Losing cash, on the other hand, is nothingbutloss.

Its impossible to get that money back unless you’re able to physically track it down.

Final verdict: You surecanlive a cash-only life.

But it comes with some serious downsides youll have to take into consideration.