Comments on: Making your cash last until the end of the month http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/ Your Guide to Stress-Free Financial Control. Personal finance tips. Mon, 16 Aug 2010 16:39:22 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Payday Loan Store http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/comment-page-1/#comment-137441 Payday Loan Store Thu, 26 Mar 2009 14:13:30 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/#comment-137441 <strong>Payday Loan Store</strong> I usually run into a bunch of junk when it comes to this niche, but this is some good useful information I found here. I can't tell you how much rubbish there is out there, but again I like this site and just wanted to say keep it going Payday Loan Store

I usually run into a bunch of junk when it comes to this niche, but this is some good useful information I found here. I can’t tell you how much rubbish there is out there, but again I like this site and just wanted to say keep it going

]]> By: loxo http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/comment-page-1/#comment-3098 loxo Wed, 20 Dec 2006 16:47:19 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/#comment-3098 Carrying a debit card eliminates 95% of my impulse spending. If I'm 'carrying' cash it's simply frittered away on nonsense. So I rarely carry cash just for the sake of it. I keep track of my variable spending with one debit card and two bank accounts. The first account takes care of the variable spending which I manage as three virtual accounts - wallet, shopping and petrol. (I use Personal Accountz for this). The second (and main account) takes care of the critical non-variable stuff. There is no debit card for this account. Each month, a fixed amount is transferred from the second account to the first account which I manage it accordingl, - bliss. Carrying a debit card eliminates 95% of my impulse spending. If I’m ‘carrying’ cash it’s simply frittered away on nonsense. So I rarely carry cash just for the sake of it.

I keep track of my variable spending with one debit card and two bank accounts.

The first account takes care of the variable spending which I manage as three virtual accounts – wallet, shopping and petrol. (I use Personal Accountz for this).

The second (and main account) takes care of the critical non-variable stuff. There is no debit card for this account.

Each month, a fixed amount is transferred from the second account to the first account which I manage it accordingl, – bliss.

]]> By: sjpeer http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/comment-page-1/#comment-3075 sjpeer Wed, 20 Dec 2006 03:46:49 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/#comment-3075 Interesting approach. I like the idea of only carrying what you need as long as it's not too work intensive. I also use "virtual" envelopes for some categories and carry cash for things like groceries, eating out, personal, and clothing (although I don't always carry my clothing money with me). Interesting approach. I like the idea of only carrying what you need as long as it’s not too work intensive. I also use “virtual” envelopes for some categories and carry cash for things like groceries, eating out, personal, and clothing (although I don’t always carry my clothing money with me).

]]> By: Financial Hacker http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/comment-page-1/#comment-3073 Financial Hacker Wed, 20 Dec 2006 03:33:13 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/#comment-3073 Before I get paid, I write out a zero-based budget (a la Dave Ramsey). I enter the amounts for the different categories into a financial app (a modified, computer-based envelope system). As I spend money, I note amounts/dates into the categories. This shows me how much money I have left. When I go to the store, I check my budget to see what I'm getting (or could get), and take that much money with me. This alone seems to cut down a lot on impulse spending. I was really surprised at how powerful naming your money is (creating a zero-based budget). Before I get paid, I write out a zero-based budget (a la Dave Ramsey). I enter the amounts for the different categories into a financial app (a modified, computer-based envelope system). As I spend money, I note amounts/dates into the categories. This shows me how much money I have left.

When I go to the store, I check my budget to see what I’m getting (or could get), and take that much money with me. This alone seems to cut down a lot on impulse spending.

I was really surprised at how powerful naming your money is (creating a zero-based budget).

]]> By: Beck http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/comment-page-1/#comment-3047 Beck Tue, 19 Dec 2006 16:11:46 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/12/making-your-cash-last-until-the-end-of-the-month/#comment-3047 I use cash for most (but not all) of my flexible spending. I have a folded up post-it note in my wallet that lists the things I've agreed to spend cash on (lunches, beer, craigslist purchases, etc.). I can reference that if I don't remember, though I hardly ever need to anymore. I'm paid every month, but I get out cash every other Friday ($200 for two weeks). If I'm running low at the end of week two I'll penny pinch until it's time to get more cash. I'm experiencing that right now, actually. Last week I spent $110 bucks on a craigslisted drafting table and I've been very frugal all this week because of it. After Friday, it'll feel like a "free" table though, b/c my wallet fills back up and there was no "debt" accrued from the purchase. I use cash for most (but not all) of my flexible spending. I have a folded up post-it note in my wallet that lists the things I’ve agreed to spend cash on (lunches, beer, craigslist purchases, etc.). I can reference that if I don’t remember, though I hardly ever need to anymore.

I’m paid every month, but I get out cash every other Friday ($200 for two weeks). If I’m running low at the end of week two I’ll penny pinch until it’s time to get more cash.

I’m experiencing that right now, actually. Last week I spent $110 bucks on a craigslisted drafting table and I’ve been very frugal all this week because of it. After Friday, it’ll feel like a “free” table though, b/c my wallet fills back up and there was no “debt” accrued from the purchase.

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