Get Back to Cash
Here I go again. I am so tired of listening to people complain that they are in debt because of their credit and debit cards. Those bills have rolled in from the annual holiday spending frenzy and now they’re all in debt. Or they whine about overdraft charges because they forgot to record debit card transactions. Sound familiar?
You cannot budget your money if you have no idea what you are spending. Put those credit cards away for emergency use only or better yet, shred them. You will never get out of debt if you do not create a monthly budget and stick to it. One easy way to help maintain a budget is to use cash for your everyday expenses and budget items. Every pay period, put money aside for your monthly bills and convert the money left into cash. That is what you have to spend and when it’s gone, you’re done for the pay period. How hard is that?
Don’t allow the credit card companies to put you into debt. The bigger your debt, the more money they make. You should not be ashamed of using cash. Take control of your money and more importantly, your life. Recession and inflation are in the news every day. I’m sure you have been hearing the news. A budget will help you withstand the financial difficulties of tough economic times. How long are you going to wait until you take action? Sit down and draft a budget. If you need help with the budget, find it. There are plenty of professionals that would be glad to help. Find one or call me.
Take it from a professional, the longer you wait the harder it will be. Now is the time with the New Year still young. Take control over your financial future and don’t let the credit card companies win. They’re getting richer with your money and stealing your financial security. Fight back. Pay in cash.