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I have been mugged. I lost all the cash that was in the wallet. I phoned up my card company and they immediately cancelled the cards and replaced them within a couple days.

Cash cost me money, cards cost me nothing.



...because the credit card companies have ALREADY charged you. They don't absorb the fraud for nothing - its all been rigged into the prices.

So cards are a form of insurance - in that they spread around the risk.


They typically charge the retailers a few %. That few % is also represented in the cash price as very few places these days have surcharges for credit card payments.


I'm unlikely to get mugged where I live, so I guess my advice doesn't work if you live in Gotham City.


The vast majority of the world is dangerous. Please don't assume you are the rule, not the exception. There are half a million or more robberies every year in the USA.


Lot's of exaggerating claiming going on there in your posts. Then you position into some kind of analysis of what I'm assuming and finish with some kinda point totally lost way down five posts later in this argument. I'm guessing you like using cards. You go use them. I'm gonna use cash. I've been buying stuff at target all year and I didn't have to go cancel my credit card or worry about it having charges I had to dispute.


I don't mind cards, I don't mind cash. I'm simply pointing out that cards have benefits and cash can be more risky at times.




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