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Most of us are less likely to have cash these days. After all, most of the purchases we make can now be made with a card or even a hit on our phone. But financial experts advise you to transport at least a little money at any time - and they even recommend using it to make certain purchases. We have consulted these experts to find out when you should pay in cash. Read the rest to find out for what you want to save your bills.

Read this then: Never use your credit card for these 6 purchases, according to financial experts .

If you know you could end up turning something you buy, be sure to use money, says Steven Holmes , A financial expert And the main investment advisor at ICASH. AE0FCC31AE342FD3A1346EBB1F342FCB

According to Holmes, many people give up trying things in store and will rather buy two or three sizes of the same shirt or pants, try them at home, and they refer the sizes they do not need. But you will probably have to wait to collect your money if you pay with something other than money. Most stores will automatically reimburse you according to the original payment form that you have used for the purchase.

"It would be put back on your credit card if you used one, and money does not always appear in your account for several days," said Holmes. "But, if your receipt reflects that you have made your purchase in cash, the store will reimburse you the same amount. Cash payments are immediately returned after the return of the products."

When you treat yourself on vacation, the use of money can help you avoid very shocking costs. Carter Seuthe , A Financial Advisor And the CEO of Credit Summit, says it is smarter to pay in cash when you travel because card payments could accumulate additional costs for you.

"If you are in another country, you may be billed foreign transaction costs using a credit card," he warns.

The use of cash can also prevent you from accidentally spending on a trip, according to Seluth. "If you go on vacation and only want to spend a certain amount of money, having it in cash can also help you hold on the right track to achieve your budgetary goals," he explains.

Money should not only be your currency of choice when you travel. You must also use this payment form for many of your daily transactions, according to Michael Collins , CFA, a financial teacher At the Endicott College de Beverly, Massachusetts.

"Small purchases, such as grocery articles, should be made with money," he said. "Indeed, the amount of money exchanged is minimal and that the use of cash drops people to buy pulses."

Using cash can help you budget more effectively for your daily expenses and prevent you from going too far. "It is also important to use species for small purchases to avoid overdraft costs associated with debit and credit cards," adds Collins.

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Online markets like Facebook or Craigslist can be a great way for people to save on expensive products by buying them from someone else. But Jake hill , A financial expert And the CEO of Debthammer, warns against the use of any type of payment method for these transactions.

"Craigslist purchases, or big purchases through any stranger, are always the best with money," said Hill. "Providing sensitive information to people you don't know is never a good idea."

The next time you get gas, reach your money instead of your card, advise Bill Ryze , A certified financial consultant and advisor to the board of directors in Fiona. "You may have noticed that most service stations offer a discount for cash payments," he said.

As Forbes Also explains, the stations will mark higher prices for card payments Compensation transaction fees Banks and credit card companies. The difference can reach 40 cents in certain places, so "when paying gas, it is preferable to pay in cash to take advantage of the discounts", confirms Ryze.

Williams Bevins , CFP, a approved financial advisor Based in Franklin, Tennessee, says that paying in cash can also prevent you from getting ripped off while feeding.

"Criminals have used gas station pumps by equipping them with malicious devices Known as "skimmers" which can be used to steal your credit card information without you knowing, "warns Bevins.

Best Life offers the most up -to -date financial information for high -level experts and latest news and research, but our content is not supposed to replace professional advice. Regarding the money you spend, save or invest, always consult your financial advisor directly.