# Professor Priya Raghubir's joint research on spending money with cash vs. credit cards is highlighted

1 Faculty News December 12, 2017 ![Bankrate logo](/sites/default/files/styles/246w/public/assets/images/con_030934.jpg?itok=snzuY3k_)>

Excerpt from [Bankrate](http://www.bankrate.com/personal-finance/smart-money/do-you-still-need-to-carry-cash/) -- "When you use plastic, you’re liable to spend more than when you just fork over cash. One study by [Priya Raghubir](http://www.stern.nyu.edu/faculty/bio/priya-raghubir) and Joydeep Srivastava, published in the Journal of Experimental Psychology: Applied, found that participants spent 21 percent more preparing a Thanksgiving dinner when they used a credit card ($175) compared to cash ($145)."

[Read more](http://www.bankrate.com/personal-finance/smart-money/do-you-still-need-to-carry-cash/)