It's a rip-off

Don't fall for the 90 days same as cash scheme. It's a rip-off.

Miss one payment, make a late payment, or don't do something right that's in the details you didn't read and you'll find yourself getting socked with interest and fees that will take you back to the beginning balance of the purchase.

Use "cash" as your "same as cash" method.
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Get some new friends

If your friends are with you because of the money you spend on them you better get some new friends.

Deep thought time. Are you doing all the buying for the gang? Any "hangers on" in the crowd?

Run an experiment. Put away your credit card and see who sticks around.

You can't afford your own lifestyle if the credit card is part of it let alone someone else's.
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Be a "nobody"

“Cash? Nobody ever uses that anymore.” A comment overheard at a checkout counter.

Be a “nobody.” There aren't many of us left.
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The Envelope System

The “Envelope System” is not a penalty. Actually, its fun. Give it a try.

You can Google the term or read about it in Dave Ramsey's "The Total Money Makeover."

"Stuffing Envelopes" takes on a whole new (AND FUN) meaning. It's the only envelope stuffing system that really works.
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Can you grasp that?

On payday you transfer money into a savings account instead of sending it out to others. Can you grasp that?

Only three in 10 of us do that all the time. Sorry to say it, but those of us saving actually look at the rest of you and shake our heads. We do have sympathy but we can't say it any louder or clearer . . . YOU DO NOT HAVE TO LIVE IN DEBT!!

Did you hear that?
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Sit and listen to yourself

“Yeah but” and “I want ” are both budget killers.

Sit and listen to yourself. Most overspending is caused by over wanting. People run out of money because they want things they can't pay for in full.

In the beginning you think paying on credit is working fine, but miss one payment and you're introduced to a 29.99% or higher interest rate.

What about those "I wants" and "yeah buts" now?
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Which do you have?

Do you really have an income problem? Or, is it a spending problem?

Many confuse the two. There are people who have plenty of money, they just need to curb the spending.

Which do you have?

If your answer is neither, congratulations. You have passed one of life's major challenges. You're living on less than you make and you aren't spending what you don't have. Simple isn't it?

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