Make Cash the Focus of Personal Finance Management
It sounds obvious, but few people today take it to heart that cash is the foundation of personal finance management. If you have your paycheck automatically debited, pay your bills through automatic withdrawal and pay for gasoline, groceries and everything else with plastic, it’s hard to focus on the real value of cash.
Automatic banking is convenient, but at what cost? If you can’t recall the days when you cashed your paycheck at the bank and didn’t have any plastic cards, maybe it’s time to revisit the cash dollar. Handling and paying only with cash can be a great way to curb overspending.