Comment by sokoloff
16 days ago
If the alternative was paying cash, cash has an even more demanding level of confidence of sufficient funds required and it applies earlier with no flexibility.
16 days ago
If the alternative was paying cash, cash has an even more demanding level of confidence of sufficient funds required and it applies earlier with no flexibility.
No it applies at whatever time you choose - it's the most flexible option for a person whose wealth fluctuates frequently around a low baseline.
I don’t think I understand.
If I pay cash for everything and my cash level fluctuates down to $0 temporarily, how do I buy something right then?
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