I don’t do a ton of news “reporting” on my blog (maybe I should?) but this struck me as interesting:

Is it really possible that using a credit card can make you fat? Cornell researchers compared shoppers who used cash at checkout time versus those customers who used credit cards.


photo credit: by 401(K) 2013

“Both groups buy the same amount of potatoes, the same amount of broccoli, the same amount of essentials, but if you’re paying with a credit card, you’re more likely to buy junk than if you’re paying cash,” said Smart Money magazine columnist Jack Hough.

Both groups paid attention to the price and nutritional value of the items they were buying. It’s just that those using cash found paying for groceries far more painful, so they didn’t give in to impulse buying, at the last minute all those goodies seductively displayed close to the cash register.

So what about debit cards? Do people use them more like cash or credit cards when buying junk food?

“People with cash buy very little junk food. People with debit cards buy more and people with credit cards by the most. So if you’re looking to cut out junk and save money, skip debit and credit cards and pay cash,” Hough said.

Those shopping around New York City on Monday said this new study could help in the battle of the bulge.

“I watch my credit card bills go up and I watch my weight go up,” Bill Taylor said.

“You’re more likely to follow impulses I guess if you’re not dependent on what’s actually in your pocket,” Benjamin Bradham added.

“People don’t think of the credit card as cash so they buy more. I don’t know. I just like to use my debit card because I feel it controls me a little better,” Stephanie Sullivan said.

Credit cards make up 40 percent of all purchases, with the average American carrying 4.4 credit cards in his or her wallet.

The study, published in the Journal of Consumer Research, found that just as cash for payment has fallen by a third in the last two decades, obesity has been on the rise among Americans. [source]

How does this fit in for you? I know that, for me, I only carried cash in the beginning. (Actually, I have a funny story about this to share one day.) I wanted to limit myself in what I could and would purchase, so I only brought cash (and no debit card) to the grocery. It felt like bringing access to additional “money” was my green light to act a fool at the grocery. I had to cut that out.

Check out the clip:


How about you? Does this ring true for you? Do you have any thoughts? Let’s hear ’em!