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[quote]QUOTE: Originally posted by MisterBeasley From the "Grandson of Sam" thread on LHS ownership, I've learned that we should all be paying cash whenever possible when we buy from our LHS. The banks hit up small businesses particularly hard for every plastic transaction. So, if you bring in real money instead, you can increase your LHS's profit margin without it costing you anything. The other advantage, of course, is that your wife won't see an itemized statement with your train expenses staring her in the face every month. [/quote] You forgot those who might be debt free and enjoying the increased purchasing power fighting off temptation to spend and spend at the LHS. Or perhaps the Spouse is preparing his or her own plans as well. I try to pay cash every month, I prefer that to a credit card anyways; that way I know the item is paid for and not accruing additional interest charges.
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