Another problem with cash is there is no record of where it went unless you hold onto every receipt. Credit cards, however, present you with a paper trail of transactions every month in your statement. This makes tracking and understanding your budget a whole lot simpler and also alerts you to any suspicious charges. Regardless of whether cash or credit is best getting along in today’s world without using some type of credit is very difficult. Even if you prefer cash, you’re probably going to have to borrow money at some point even if it’s not necessarily on a credit card.