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Welcome To My “Cash Only” Crusade

Posted by Erin (and sometimes The Todd) on Apr 3, 2010 in Erin's Diatribes/The Todd's Tastes

cashNo, really.  It’s sweet of you to pretend to be all shocked, but we both know that here at That Went Well, I am not dealing from a position of authority on saving money.  We started the TWW Community as a way to help each other with saving money, sanity, and living a little bit more luxuriously than we might have before.  And I think we’ve all done rather well so far, don’t you?

But–one of the first things any financial expert recommends is budgeting ahead, then using cash for everything for a month.  There’s nothing like having to count out your hard-earned bucks to really hit home how much you spend.  So April is “cash-only” for the Collards!

emptyDay Two:  Kill me.  Seriously.  I wanted to stop for a chai tea today at Starbuck’s and realized I didn’t have my cash envelope with me.  One impulse purchase gone (and a severely caffeine-deprived Erin) $4.99.  I bought groceries for Easter Dinner yesterday and when I whipped out my cash envelope, the clerk’s eyebrows went sky-high.  I have to admit, I hated putting a couple of toys back I wanted for Z&M’s Easter baskets but didn’t have the cash for them.  How many times do I use “it’s for the chillllldren!” as an excuse for overspending?  Two toys returned to the shelf: $12.97.

Follow along this month, then work up the courage to try it for yourself.  I’m not saying it’s easy–I’m the one whining to be put out of my misery a mere 48 hours into the experiment–but what a powerful way to teach yourself the value of a buck!

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