Mission Report: Cash Only Sucks

The first month of being cash only has come to an end and all I have to say is…can I get a do-over?

There is still a lot of growing pains with this new habit. What I did observe was my impulse purchasing went down. I tended to stay away from my usual websites by keeping a list of “wants” and talking myself out of items. I was very vigilant in writing down every penny in and every penny out.

The hurdle I still face is with the Sink Funds & Cash envelopes.  I did have the cash I needed, when I needed it, for the windshield wipers. However, some of that leftovers in that category went towards a trip to Hobby Lobby as well. Meh.

So what to do!? Frist, I am going to factor in an envelope category for “Mad Money”. This is the funds left over each pay period that will go towards this and when that is gone, it’s gone. So if the left overs are $10 or $50, that is what I get to spend. It may not be the best idea I have ever come up with but it will a good place to start.

I’m a spender, which is fine. Having a mad money category fulfills my need to spend and still feel good because all my bills are paid, I emergency money and 3% of my paycheck is being saved.  So it’s not all a loss!

Also, I wanted to share with you Rachel Cruze – the daughter of Dave Ramsey. She has her own book out and a great YouTube channel as well.  These little segments have been a great help for me – check her out here.

Any suggestions dear readers?

 

Baby Step 2 – Eh

Debt. It’s my least favorite four letter word. It’s a virus that is far worse than my chronic illness. It can keep you up at night, sick with worry and angst.

It’s not easy to dig your self out. In a world of instant coffee to instant news, we want it to go away…right now, quickly, be done and gone.  Sadly, it didn’t take me over night to get into debt so guess what? it’s going to take a bit to get out of it.

I’m just about half way through a ten plan to rid myself of debt. Since discovering Dave Ramsey, I’ve been working Baby Steps 1 and 2 for what seems like an eternity.  Bright side is, each move that debt gets lower.

You gotta do the work!

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