savings account

Eco_Miser

greenglide wrote: »

I do agree that there is a lack of self control over spending these days but I don't really think this is really that much of a new thing - in days gone by there wasn't as much money to spend nor the things to spend it on. Crucially, before credit and debit card were common it was difficult to spend much beyond the cash in your pocket.

Cheques, hire purchase, credit agreements all made cashless spending easy. Admittedly, you wouldn't be using these methods to buy fancy coffee or a round in the pub, but TVs, fancy suits, cars and the like were all available at the stroke of a pen.