How to Notice, Avoid and Report Fake Check Scams

"We may live in a digital world but old-fashioned paper cheques are still in use, and, for the scammers, they present an opportunity to steal your money"

"Of the many scams that are prevalent in today’s society, fake cheque scams target consumers of all ages, and worryingly, they’re on the rise."

"In this guide, we’ll provide you with the latest information on how to spot, avoid and report fake cheque scams to help you get one up on the scammers."

Check it out:  https://www.businessexpert.co.uk/fake-cheque-scams/

 

Want to spend less? Spend cash!

Behavioral finance studies find that adding so-called “felt losses” helps deter poor behavior.

For example, consumers who buy non-essential luxury items or treats with cash are likely to spend a lot less than they would if they used credit or debit cards. We actually feel psychological pain when we pay with cash. Just think how you would feel if you had to pay cash to fill the tank on a large SUV or pickup! Swiping that card, whether debit or credit, is far less painful than parting with cash.

Research confirms that consumers who use credit cards spend more than those who use cash. Further, credit card users are much more likely to spend more than they intended. That’s why every department store offers incentives to sign up for their credit card.

Pay cash at grocery store? Eat better

We know from previous research studies that customers paying with a credit card spend more than those who pay cash. Now there is evidence, published in the Journal of Consumer Research, that paying cash at the grocery store may result in healthier food choices.

People are more likely to buy unhealthy foods when they pay using credit or debit cards. Why? "First, there is a correlation between unhealthiness and impulsiveness of food items: Unhealthy food items also tend to elicit impulsive responses. Second, cash payments are psychologically more painful than card payments, and this pain of payment can curb the impulsive responses to buy unhealthy food items."
 
Maybe it's time to try using old fashioned cash when grocery shopping. Save money and eat better.
Read more at:

http://www.news-medical.net/news/20101019/Credit-cards-increase-purchases-of-unhealthy-food.aspx