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6 Reasons Why Using Your Own Money Makes Life Better!

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6 Reasons Why Using Your Own Money Makes Life Better!

Using Your Own Money Makes Life Better!

Having grown up in the pre-debit card days, I got used to filling out slips to deposit and withdraw my hard-earned money. Carrying money was the norm and when Interac* came onto the scene, well, I adopted it early and was addicted quickly. It still had all the benefits of cash but, conveniently accessed through a plastic card.

Flash forward to the present and it is still my favorite and predominant way of making purchases, paying bills, receiving and sending money and more! In fact, I almost never carry cash anymore. The only way that I do is if it is foreign currency and I want to use it for souvenirs from artisans or tips. Other than that, even when I travel–I have my debit card!

With that said, here’s a list that shows why using your own money and your trusty debit card makes life better and easier.

Reasons Why Using Your Own Money Makes Life Better.

1. It’s Easy!

You don’t have to worry about carrying thick stacks of money or loose change anymore. You really only need your Interac ® Debit card in your wallet. Maybe it’s just me but, I’ve lost a large sum of money before and you wouldn’t guess how… I dropped it somewhere! That’s just money that is gone. *POOF* One thing is for sure, using a debit card is quick.

2. Great for Keeping Track.

When you use your Interac Debit to make purchases, send or receive money, pay bills and more; you will have everything recorded online or in a paper statement. You can see deposits, withdrawals, purchases etc. It’s great for record keeping and keeping track. I use my account for business expenses and I print out the monthly transactions and highlight my expenses. Best thing, you can always look back on your spending and reference something if you need to!

3. You’re Protected.

If you have become the victim of fraud, don’t worry! You’re covered under the Interac Zero Liability Policy** from any losses due to unauthorized transactions. Just make sure to notify your bank as soon as you notice your card is missing or if you suspect that it has been stolen. You will not be liable for losses resulting from circumstances beyond your reasonable control when using Interac Debit, Interac Flash, cross-border debit and Interac Online services. As always, protect your PIN, keep an eye on your statements and report it immediately!

4. It Can Pay You Back!

There are tons of options when it comes to getting rewarded for using your own cash and paying with your Interac Debit card. Don’t believe me? I just took my family of four to the movies and got free tickets, popcorn and drinks with points that I earned by using my debit card.

Different financial institutions offer different incentives: some banks don’t charge monthly fees on debit transactions, some help you rack up loyalty or reward points and some even give you the chance to win live sports experiences and more. Some cards allow you to round up your purchases and help you save money every time you pay! Who woulda thunk that spending your own cash would come with such big rewards?

5. Control Your Spending.

We all work hard for our money and it is easy to fall into the trap of spending money that you don’t have. It can be a slippery slope! By using your own money, you can control your spending since you only draw upon money in your account. I think this allows you to be more mindful by finding bargains to stay in the black and to make the most of your hard earned cash.

6. It’s Rewarding!

In the end, it’s empowering to use your money to make your everyday purchases. You don’t have to worry about racking up a huge balance and then paying for it later with high interest rates. Simply put, using Interac Debit has all the benefits of using cash but with more rewards and it takes up less space in your wallet. It also comes with the same rewarding feeling when you save up to buy something and you pay knowing that it is taken care of!

Be in the Black.

This video is super cute and it is something that I try to instill in my own kids too. There’s nothing more rewarding than working hard for your cash, putting it towards something you really want and paying for it and not having to worry afterwards. All you have to do is enjoy it!

As an adult, I feel the same way when I use my own money to pay my bills or send money. I get that warm and fuzzy feeling of fulfillment!

Life is simply better when you use your own money! Take a look at how using Interac Debit can make your life easier by visiting www.interac.ca and following them on Facebook, Twitter and Instagram.

Do you use a debit card regularly?

Let me know, til then–cheers m’deres!
New-SIG  

 
 
 
 

Interac and Interac Flash are registered trade-mark of Interac Inc. Used under licence.

* Interac Association/Acxsys Corporation

**Protection applies to losses resulting from circumstances beyond your control. Some conditions apply. See your financial institution for details.

About

Nancy Polanco is a freelance journalist and editor of lifestyle blog Whispered Inspirations. A social media junkie, travel-lover with insatiable wanderlust and an aficionado for fun gadgets, good eats and entertainment. You can find her on Twitter and everywhere else under @WhispersInspire.

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