Do you rarely have cash with you - and pay for everything by card?
Then, according to an expert, you should reconsider that.
Finally, there is a psychological trick.
Germans love their cash.
But only a few have large bills with them.
However, this can save a lot of money.
From now on, always carry a 50-euro or 100-euro note with you!
After all, there is a clever psychological trick behind this that you can use to trick your brain.
The reason for this: If you only pay for everything with your card or if you only have smaller euro bills with you, you will also spend money faster.
Behind this is the
concept of "mental accounting"
, as US psychologist Mary Gresham reveals.
Psycho trick: That's why you can save more money with large bills
That is, we make
financial decisions based on associations
that have to do with money.
As a result, the brain values money differently.
Paying
with cash can
exacerbate
the
"pain of paying
" and create inhibitions.
Also interesting
: the ATM doesn't spit out any money?
No panic!
You should do this now
.
So we think twice about
opening a large, "special" note
, while on the other hand we are prepared to pay (smaller) amounts faster with a 20-euro bill.
A study by the "Journal of Consumer Research" also confirmed
that it is very likely that you spend your money faster if you have five 20-euro bills
than if you carry a 100-euro bill with you *.
Germans love cash - but are they afraid of losing it?
On average
, a German carries around 107 euros in their wallet
, but very few have a full 100 euro note with them, according to a study by the Bundesbank in 2017.
Find out here
:
You can save real money with the window trick - hardly anyone knows it
.
The majority of Germans still prefer cash via card payment * & Co., but most often only carry small bills and change with them.
So if you often withdraw large bills, you can
end up saving a lot of money
with this small but
effective psychological trick
.
The only disadvantage: If the wallet is lost or stolen, the risk of loss is also higher *.
Also read
: That is why there is a new net amount on your 2020 payslip.
jp
The money before the euro: do you still know these EU currencies?
The money before the euro: do you still know these EU currencies?
* merkur.de is part of the nationwide Ippen digital editorial network.
