Thursday, August 21, 2008

Put That Cash In Your Wallet. 6- Cook At Home ALL The Time

Category: Finance, Personal Finance.

Want to remove the stress in your life caused by debt?



If you have over used credit and are out of control in debt because of poor spending methods, it s important that you switch to a cash only life style immediately. 11 quick tips to a cash only lifestyle: 1- Take all the credit cards out of your wallet and put them in a hard- to- reach place. 2- Open all your credit card statements and study the purchases, interest paid, balances, etc. 3- Take an hour or two to reflect on your spending habits. Living with a cash only could be the solution to your problems. Do this regularly. 4- If you feel like impulse buying, (with cash) , DON T! Put that cash in your wallet. 6- Cook at home ALL the time. Wait three days to let the impulse cool down. 5- Think about how much cash you would need in a week s time. Fresh home cooked meals helps you save money on restaurant bills. 7- If you re too busy to plan your cash finances, cut out other activities right away. 8- Only buy things when you ve got your monthly bills covered. 9- Only buy things when your debts are current and up- to- date. 10- Only buy things when you have a surplus of cash in the bank. 11- Only buy frivolous things when you have three months cash reserves in the bank. Too much debt may have already caused negative life style changes!


Purchasing with cash only might make a positive change in your lifestyle and in your situation. Financially prudent living is not a bad thing. You may buy a few less frilly items, but your peace of mind will increase greatly in the future. Having a strictly cash only plan might mean some changes up front. Ask yourself how you would feel if you had cash reserves in the bank and were debt free. Getting a picture of that peace of mind and being able to visualize it.


This is the best way to motivate yourself. Start Now! Get started today on your strictly cash- cash only lifestyle!

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