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Credit Is Bad For Your Health

Credit Is Bad For Your Health

Credit Is Bad For Your Health
Put the plastic away and go for the green!
A recent study concluded that paying for things with cash is psychologically more difficult than swiping a credit card, removing the joy of spending and leading to smarter and less impulsive food choices.
“The notion that mode of payment can curb impulsive purchase of unhealthy food products is substantially important,” wrote authors, Manoj Thomas, Kalpesh Kaushik Desai,and Satheeshkumar Seenivasan. “The epidemic increase in obesity suggests that regulating impulsive purchases and consumption of unhealthy food products is a steep challenge for many consumers.”
So both for your physical and financial health, leave the credit card at home when you go to the grocery store!
[Image via AP Images.]

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Oct 26, 2010 13:00pm PDT

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