The problem with cashless transactions is you tend to spend way over what you can really afford. At the end of the month, you end up with a lot of bills on your hands leaving you with nothing out of your salary. Plus you also end up broke in debts which pile up every month. This leaves a zero input into your bank account. Of course having credit and debit cards also has advantages, you don't have to worry about having to carry a huge amount of cash when you're transacting. At least you avoid losing your hard earned money to snatchers. I guess one thing we just have to learn out of the limitless spending these cashless transactions offer is self-discipline. Know your limits and avoid impulsiveness.