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Why Use Cash?

Prairie Eco-Thrifter

At the time, I didn’t have credit cards so it was a valid concern. As an adult, I use both cash and credit as well as checks. Unless you provide the store with a store card to identify you and what you are buying, your purchases are not traceable back to you. Some places do not accept credit cards.

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US Presidents and Personal Finance

Prairie Eco-Thrifter

Lincoln was poor much of his life as well, losing everything in a joint venture on a store, but made a comeback with his income as a lawyer. It matches current salary amounts of Executive Level 1 Personnel (like cabinet members), which according to a CRS Report for Congress was $191,300 as of 2008.