11 Tips To Live With A Strictly Cash Only Life Style

Want to take the anxiety out of your financial life? Living with a strictly cash (and only cash) diet may be the solution to your situation. If you are over dependent on credit and are crushed by debt because of bad spending habits, it's imperative that you live with a cash only policy.

11 quick tips to a cash only lifestyle: 1 - Take all the credit cards out of your wallet and put them in a hard-to-reach place. 2 - Open all your credit card statements and study the purchases, balances, interest paid, etc. 3 - Take an hour or two to reflect on your spending habits. Do this regularly. 4 - If you feel like impulse buying, (with cash), DON'T! Wait three days to let the impulse cool down. 5 - Think about how much cash you would need in a week's time. Put that cash in your wallet. 6 - Cook at home ALL the time. Fresh home cooked meals helps you save money on restaurant bills. 7 - If you're too busy to plan your cash finances, cut out other activities right away. 8 - Only buy things when you've got your monthly bills covered. 9 - Only buy things when your debts are current and up-to-date. 10 - Only buy things when you have a surplus of cash in the bank. 11 - Only buy frivolous things when you have three months cash reserves in the bank.

Purchasing with cash only might make a positive change in your lifestyle and in your situation. Too much debt may have already caused negative life style changes! Financially prudent living is not a bad thing. Having a strictly cash only plan might mean some changes up front. You may buy a few less frilly items, but your peace of mind will increase greatly in the future.

The strongest way to get motivated is by asking how being debt free and having cash in the bank would make you feel. I'm confident that this situation would give you the most peace of mind. Act now! It's important to start on your cash only life style immediately.!

About the Author

Monty Loree is the developer of Canadian-Money-Advisor.caunique content version here.

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