Saturday, November 28 is designated as Small Business Saturday in the
States. This is traditionally the day when
Americans are urged to shop locally and support small business owners.
Enterprises TV reminds readers why cash is king on this day.
Customers, on the other hand, may want to pay in cash themselves. One of the strongest reasons for this is to avoid hefty credit card balances later and the interest charges that are attached. It is also easier to manage holiday gift budgets. The National Retail Federation estimates that consumers will spend around $800 for holiday gifts, and a Bankrate.com study found that cash or debit card use will be the top forms of payment for most people this year. The Enterprises TV show notes that it is often easier and less risky to use cash or a debit card at locally-owned businesses. Big Box companies have experienced and are experiencing breaches of their databases. Whichever method of payment one chooses to use, we urge readers to support local shops, eateries, galleries and holiday events. These are your neighbors and friends.