Monday, September 20, 2021

BATON ROUGE, La. (WAFB) – Don’t overlook your masks should you’re moving into Tiger Stadium this weekend, however there’s one factor you may go away at house, cash. That’s as a result of the purple and gold are going with out the inexperienced this season.

LSU athletics venues are going cashless at merchandise and concession stands this season. Tiger Stadium will take most main bank cards, Apple and Android Pay in addition to Tiger Money.

Nonetheless, private finance professional Kimberly Palmer is aware of going cashless generally is a problem.

“It can feel less real than cash, so people can have a tendency to overspend,” stated the professional from Fintech Zoom.

She says the excellent news right here is there are lots of choices to go cashless. The aim is to discover a methodology that works finest for you.

“The easiest one probably is to check to see if you already have a credit card that allows for contactless payments, which basically means you don’t even have to touch anything.”

A logo in your card that appears like a side-ways WIFI image means your card is contactless. Simply wave your card over the machine and also you’re performed, no swiping required.

An analogous possibility is utilizing your smartphone.

“You just have to make sure you have some sort of wallet app on your phone that you then upload your debit card or credit card into.”

Palmer says simply be cautious of which card you select to add to the apps, although.

“It is slightly riskier to use a debit card all the time for everyday purchases. That’s because it doesn’t have the same level of fraud protection that a credit card gives you.”

A bank card is safer, however dearer should you rack up a variety of debt. Preserve monitor of your spending with a banking app or by writing it down.

“To get more comfortable with going cashless, you have to put some other system in place to track your money even without that tangible cash,” she stated.

Alerts to your telephone and low credit score limits are different concepts to maintain the overspending to a minimal.

Additionally, Palmer says should you use these apps and playing cards as supposed, your data will stay safe.

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Copyright 2020 WAFB. All rights reserved.

Yuuma Nakamura

Yuuma Nakamura

Yuuma Nakamura is a staff writer covering crypto, blockchain, finance and other technology for FintechZoom. Contact: [email protected]

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