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What You Can'T See Will Hurt You

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Keeping the money, that is for spending while out - not bills, in an envelope for the month. That way I know how much I have left to spend, and how much I am really spending a month. It helps to save a ton of money, and to keep track of your spending habits for the year!

MORE INFORMATION:
A lot of people don't know that when they use their debit or credit card they lose track of spending, and it doesn't register as spending real money. A research study showed that spending cash registers as pain in the human brain, so you remember spending the money.
- Submitted by MANDARYANE 12/8/2010 in Saving Money | 2 Comments
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Member Comments

CHARLOTTE1947 12/9/2010 12:58:00 PM

    Using this method for a couple of years helped us save for the down payment on our first house. We had cash envelopes for everything. When the fun money was gone, there was no recourse!
SMITHANI 12/8/2010 2:56:00 PM

    emoticon emoticon

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