Tip of the Day 29 December 2009

Make the switch to a cash only lifestyle

It may not be possible for you to switch entirely to cash only but you can easily switch back to cash for your day to day purchases and many of your bills and ditch the credit card. It is madness to use a credit card for day to day expenses unless you can pay the balance in full every month. Try it for a month. Use cash for every expense and purchase you would normally put on your card. If you don't have the cash don't buy the item. Living with cash will quickly make you realise just what you need and what you think you need.