Making Cents: Financial expert shares everyday habit to rethink

April 7, 2026 - 00:24

A leading financial expert is urging consumers to critically examine one of their most routine money habits: the use of digital payment apps and cards for daily, small purchases. While convenient, this method can create a significant disconnect between spending and budgetary awareness.

Kathryn McCall, a Vice President and financial adviser with CAPTRUST, emphasizes that the frictionless nature of tapping a phone or card makes it easy to lose track of numerous minor transactions. These small amounts, from morning coffees to quick snack runs, can accumulate swiftly throughout the month, often surprising individuals when they review their statements.

McCall advises that this habit can quietly derail even the most well-intentioned budget. The lack of tangible cash changing hands diminishes the psychological impact of each purchase, potentially leading to overspending. She suggests that individuals seeking greater control should consider more mindful tracking methods for a period, such as logging daily expenses or using a dedicated cash allowance for discretionary spending. This conscious approach helps rebuild the connection between action and consequence, making financial goals more attainable. Adopting this single change in perspective is a straightforward step toward stronger long-term financial footing.