Top Secrets of Success for Cash | SparkPeople
Advertisement -- Learn more about ads on this site.

Secrets of Success

< Secrets of Success Main Page

Top Secrets of Success for
Cash

4

Members Liked This
I Liked This

Saving money is all about saving money!

couponing!!
emoticon

- Submitted by JENNYBOYKIN 11/4/2012 in Saving Money | 0 Comments
Leave a Comment

32

Members Liked This
I Liked This

Divorce your debit card

Make a decision to leave your debit card at home. I had a set amount of cash and didn't want to be embarrassed by going over. Bought what I needed and stopped buying extras!

- Submitted by SOYUSPARK 10/25/2012 in Saving Money | 2 Comments
Leave a Comment

48

Members Liked This
I Liked This

Pay for items with cash only

By paying for items with cash only, this makes your purchases more meaningful and also means that you don't have to worry about having any finance charges or interest rates added on which you would have if you bought it using your credit card.

- Submitted by POETCHIK 1/24/2011 in Saving Money | 2 Comments
Leave a Comment

81

Members Liked This
I Liked This

Paying Cash

My husband and I have started to pay cash for everything. We are using Dave Ramsey's envelope system. I went through the budget and determined categories of spending (groceries, pets, fun money) and everything that wasn't a 'bill' we use cash for, excluding gas for the cars.

Using cash does a couple of things. It prevents you from overspending. Once the money in an envelope is gone, no more spending for that category until the next pay day. This is where we've made most of our mistakes.

- Submitted by TRICUPCAKE 1/7/2011 in Saving Money | 3 Comments
Leave a Comment

44

Members Liked This
I Liked This

Save money using your credit card instead of cash (???)

That title goes against generally-accepted wisdom ---but hear me out. Say you need to shell out a large amount of money (say $10,000 for example) & you want to pay cash so there will be no credit card bills or finance charges. Instead charge it to your cash-back credit card. WIth 1% cash back, you'll get $100 back. In addition, your $10,000 can earn interest for an extra month until the credit card bill arrives. Interest rates are low now, but even at 1% you will...... (click title for more info.)

- Submitted by STORMY724 8/22/2010 in Saving Money | 8 Comments
Leave a Comment

74

Members Liked This
I Liked This

Don't keep all your money in one place on vacation

When I was young, on family vacations my parents hid some money in the car, some in their luggage & each family member carried some. Once my father's wallet was stolen, but the thief got only a small portion of our vacation funds. I always remembered....(click on title for more info)

- Submitted by STORMY724 8/2/2010 in Saving Money | 2 Comments
Leave a Comment

88

Members Liked This
I Liked This

Pay with Cash

Whenever I have to go shopping for anything--clothes, groceries, etc--I withdraw money from the bank and shop with cash. When you use cash, you see the amount you have going down, which you don't get with a credit or debit card. Plus, when you only have cash, you can't go over your limit!

- Submitted by LEIGHSANDERS21 7/28/2010 in Saving Money | 0 Comments
Leave a Comment

78

Members Liked This
I Liked This

When an appliance is on its last legs.....

When my 30-yr-old washer & drier were acting up, my husband repaired them, but it was difficult to find parts. So I put $1 in a jar for each load & deposited the money in savings at the end of each month. By the time both appliances died, I had nearly enough to buy new with cash.

- Submitted by STORMY724 7/11/2010 in Saving Money | 2 Comments
Leave a Comment

108

Members Liked This
I Liked This

Pay CASH

We are so accustomed to whipping out a card, debit or credit, that money flies through our hands without realizing where it went. Go to the bank. Take out cash that you have to spend. I bet you see it in a whole different light when it comes to spending it.

- Submitted by REVELATIONGIRL 6/29/2010 in Saving Money | 7 Comments
Leave a Comment

64

Members Liked This
I Liked This

Funds

I come form a middle-class family of 7 people. We know what penny-pinching is, but the best thing I ever did was save my change. I opened up a savings account specifically for it. Since I vowed to never take it out, it can only build. emoticon emoticon

- Submitted by BLUEBIRDS_FLY 6/17/2010 in Saving Money | 7 Comments
Leave a Comment

48

Members Liked This
I Liked This

Saving money with credit cards

I have two credit cards, both of which have rewards programs for cash back. To be sure that I earn the benefit of the cards without paying the interest, I deduct the amount of my purchase from my check register whenever I use the card, so I have the money to pay the bill in full each month.

- Submitted by STORMTMB 6/11/2010 in Saving Money | 2 Comments
Leave a Comment

66

Members Liked This
I Liked This

Cash and Carry

Leave the ATM/Visa card at home when going shopping. Get and carry cash. Once the cash is gone, the spending is done. This practice will help you stay in budget with groceries, clothes and daily convenience store stops.

- Submitted by LYNNSHAZE 5/20/2010 in Saving Money | 3 Comments
Leave a Comment

69

Members Liked This
I Liked This

Dollar savings - one $ bill at a time

Whenever I get a dollar bill, I look to see what big letter is displaying. If that letter is an initial in my name (first, last or middle) I "reserve" it and put it in a money jar. You would be surprised at how much you can save this way in a year's time!

- Submitted by WIGIME 4/1/2010 in Saving Money | 5 Comments
Leave a Comment

37

Members Liked This
I Liked This

Keeping Track of Spending

Each payperiod I withdraw a certain amount of cash that I can spend during those two weeks. I write down where that money goes. Each month I review how I spent the cash. This helps with my budgeting & analyzing my wants & needs. I know if I need a new budget category or if I'm buying too many treats

- Submitted by STORMTMB 3/31/2010 in Saving Money | 1 Comment
Leave a Comment