My husband and I have been using the cash only budget system for a few years.
We were motivated by Dave Ramsey and his Financial Peace seminar.
Our credit card debt was also a real motivating factor.
When we started the cash only system, I also began an effort to use coupons.
I started researching ways to save money in all areas of our lives.
I checked out thrifty ideas from the internet and even made my own laundry soap.
These things have all become a habit now - a way of life.
The cash only system was a real eye opener for us. The most amazing thing to me was how painful it was to hand over my hard earned cash.
Using a credit card was so much easier. It didn't hurt at all!
But when I started the cash only system, I noticed that I was thinking more about what I purchased. Did I really need it? Or was it something that I just wanted?
Actually looking into my cash envelopes and seeing the money slowly (or in some cases quickly) disappearing every two weeks had a real impact on me. I could SEE the money being spent.
There have been some set backs along the way but through it all we have maintained a sincere effort to use cash in every situation possible.
I am curious to hear about others who are using this system - What is working for you? What are the problems that you have come up against? Any suggestions for others?
Showing posts with label cash only envelopes. dave ramsey. Show all posts
Showing posts with label cash only envelopes. dave ramsey. Show all posts
Sunday, March 8, 2009
Subscribe to:
Posts (Atom)