Welcome to No More Spending; how we manage our budget as we attempt to pay off our mortgage early, move abroad, and reach Financial Freedom by 2020. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here.  Thank you for visiting!

24 January 2008

Cash is not King

I can't do it, I can't use cash for my grocery shopping. I keep failing so I'm going back to using a debit card. I shop at lots of different supermarkets on my daily travels with work and I keep leaving my grocery purse at home or I mix the grocery money with my other money. I figure using a debit card for convenience and keeping my spending diary will be easier.
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2 comments:

  1. Using a debit card is a simple way to automate your budgeting. Combined with personal finance software, I feel that check cards and credit cards provide an easy way to track and categorize your purchasing history.
    ReplyDelete
  2. I've done both and switched back to cash. I simply take out my alloated amount (shopping coffee eating out petrol etc) for week and that's what I spend, what ever is left over goes into savings/debt reduction
    ReplyDelete

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