I convinced myself that using my Amazon Chase Visa credit card, and paying the entire balance off each month is the way to go. Usually, I receive a $30-$60 statement credit for using the cards, and this is well worth it. No more.
I overspend using the credit cards. I have no limit (as the credit card has no limit) and I let myself buy ANYTHING (mostly anything) I want at the grocery store, versus buying within a budget. I am not mindful when using the credit card. Instead, I buy what I need & want and what looks good, and I tell myself I’ll pay it off later. If I have a grocery list, I go over it, and buy what is advertised and marketed, what I thought I forgot to add to the list, and so many extra items end up in the cart.
I instead, I am going to start using cash for my grocery purchases, and gas, and anything else that needs to be purchased. This will cause me to be extremely more mindful and thoughtful. I’m breaking up with the charge card!
Saturday morning I drove to Aldi, and I brought $140 cash with me (I have not been there for 2 weeks). I ended up buying less, I put in 1 bag of chips, versus 2, I put in 1 ketchup bottles instead of 2, I ended up getting 1 package of burgers instead of 3, and so on. Once I got to the register, I told the cashier that I only had $140 so to please warn me if we went over. Instead, I was $20 under. This was a win, as it seems my Aldi check out bill kept getting larger and larger each week.
Sunday night, I drove to the grocery store to buy some seltzer water, and romaine lettuce. But, once I got to the store, I realized that I left my $20 at home, and I did not have any credit cards on me. Oh well, no big deal, even though I had to go home empty handed, I did not spend any money on things I did not need. We already had plenty of food and water to drink & eat at home. Instead, I used that $20 on gas for the car this morning.
It’s nice to log onto my Chase credit card this morning, and not see a single item charged all weekend. This is a win win win, and I’m psyched to continue to use CASH versus CREDIT.