Becoming Debt Free in 2009

January 27, 2009

About this cash only thing

Filed under: Cash Only,Dave Ramsey — ambercouric @ 10:03 am
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I’m spending less money.  I looked at the check register this morning and there is about $200 more in there than normal at this time of the month.

So even with the many extra expenses this month it seems that we spent less than normal.

January 10, 2009

Spend, Spend, Spend Some More

Filed under: Cash Only,Dave Ramsey,Journey to Debt Freedom — ambercouric @ 10:46 pm
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I have spent more money in one day than I spent for the entire Christmas season.  Isn’t January the month people spend less?

Remember this post about all the change my family saves?  Well, we decided how to spend it.   We spent just under $1000 on a new fence for the back yard.  We had a neighborhood party (well just us and one other family) putting the thing up today.  We still have to put the gates on tomorrow and then the dogs can stay outside by themselves. 

I also spent part of my grocery budget buying pizza for everyone who spent the day over here working so I will probably have to go by the bank and withdraw an extra $50.   I could have written a check but since I vowed to be cash only for the year I felt like I would be cheating if I did.  Which is really crazy since all the money is coming from the same place anyway.

I did use some restrain and didn’t buy the hammock that was on sale.  Again, the cash only vow saved me.  Otherwise, I would have that thing hanging in my backyard and I would be sitting under the stars tonight. 

I’m going to start a 2010 wishlist.  All the things I pass up this year I will put on this list and next year will see if it is something I still want.

January 8, 2009

The Cash Plan and How It Is Working

Filed under: Budget,Cash Only,Dave Ramsey — ambercouric @ 10:56 am
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I thought I would update my cash only plan.  I started a few days before the new year.  So I have used it a little more than a week.  Not really long enough to know that it will work forever but long enough to get a “feel” for it.

The first thing I did was to give $20 to Kennedy.  I told him that anything he needed was to come out of that so I would not be giving him a dollar for this and a dollar for that.  This has worked extremely well.  All the little “needs” for this or that have pretty much dried up.  For example, he needed new art pencils.  He has 7 days left in art.  It is not the end of the world if he doesn’t have new art pencils.  He has every color just some have been sharpened down lower than he likes.  He chose not to spend the $7.99 on new pencils because he would have to pay.  If nothing else works just this one thing is worth it.  He still gets a regular allowance so he just feels like he got a big raise.

The second thing is that I am more conscious in the grocery store.  I picked up a bag of chips that were $5.99 and walked around the store.  Then before making it to the checkout put them back and picked up a 99 cent snack.  (Yeah, I could have save more not buying any snack but a girl has got to live a little.)

Paying for gas with cash wasn’t as bad as I thought.  In the mornings, the cash station has an outside attendant that you pay so I don’t actually have to go into the store.  The gas is a couple of extra cents a gallon  but not more than 25 -50 cents per fill up.  Well worth the convenience. I only fill up twice a month ususally so I pay about $1 month for this.

Cons – I don’t have the security of the debit card in case I go over.  I knew that if I kept the debit card in my wallet I would use it. 

How is the cash system working for those of you using it?

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