- Bills are sent electronically
- Credit card is paid by wire transfer
- e-checks replace paper checks
- swipes to purchase a half-gallon of milk
Like most, I used plastic to pay for nearly everything. Credit isn't the go-to card. I own one credit card. Mostly the debit card gets used for daily purchases. The credit card is still used for monthly bills like cell phone and cable TV. I could use a debit card. I should use a debit card. I really should pay with cash. Honestly, I rarely ever use cash. I know how buy things many ways.
What is cash?
A financial peace envelope system arrived in the mail. I had wanted one. My wife ordered one for me. I got exactly what I wanted. I am holding onto the envelope system right now and I am learning more about myself and how I view money than I ever thought I would.
I got my envelope system on a payday. It actually arrived the day I got my first check after becoming debt free. I expected to begin using the envelopes right away. What I discovered is that I have no idea how to budget money. In fact I haven't budgeted with cash since I was holding less than ten dollars in my neon green velcro wallet. That was back in 1996! What I have learned is that I am paralyzed by cash.
Not having enough money could be part of my trouble. I can't believe that is true. I know people with big incomes who are still broke. Responsible money stewardship is my goal. Carrying around the envelope system is my first step into the program. I am going to take the next two weeks to wrap my brain around using cash. Not debit but cold hard cash.
You may feel feel comfortable holding cash. For me, I struggle with cash. Saying no is not difficult for me. If I have to pull out a debit card to buy something. I can usually say no without any trouble. When I have cash in my pocket, I love to spend it. So I plan to start small by using one envelope for my first check and adding a budget category every two weeks.
I enjoy money and bacon.
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