The Pain of Paying: How to Curb SpendingWhy using digital wallets destroys your budget

From the show

Smart Personal Finance Strategies

Parting with physical cash creates a negative emotional response that naturally limits consumption. Digital payments and credit cards remove this friction, decoupling the purchase from the payment and leading to significantly higher expenditure. Reintroducing the sensation of loss by using cash or removing saved card details helps regain control over finances without relying solely on willpower.