We can beat around the bush all we want and talk about this method and that action plan to help you get on top of your budget, but when push comes to show there are only a couple of tried and tested techniques that are going to help you get a handle over your budget. Today we are going to talk about one such method, ditching credit cards for good.
How can you help your budget – stop using credit cards
Are you still with me? Have you fainted at the very mention of ditching credit cards? It wouldn’t surprise me if you did how much everyone seems to be relying on credit cards in order to finance their purchases. It’s one thing if we’re talking about using credit cards in order to take care of unavoidable unexpected expenses like car breaking down, home maintenance, doctor visits, but that’s not what most people use credit cards for. Credit cards are usually used for impulse buys, like the newest iPhones, Macs, various gadgets, you name it.
Kumiko over at TheBudgetMom.com did a nice writeup about the perils of impulse buys. She also gave lots of other tips that can help you stop spending money needless. Don’t get me wrong, me and my husband are both huge tech junkies and sometimes it’s very difficult to not spend money. But ever since we ditched credit cards, we started feeling more in control of our budget. And what’s more, when we buy something with debit card or with cash, it’s so much more satisfying, because we already earned that money and there’s no middle man taking X percent on top of the price. Hear me out, ditch the credit cards, or at least don’t use them as much. You’ll thank me later.