I Tried Saving Money Using Only Cash And Here's What Worked - Buzzfeed News Music

Friday, February 26, 2016

I Tried Saving Money Using Only Cash And Here's What Worked

Spoiler: Not using your credit card is only part of it.

Andrew Richard / BuzzFeed

I am a recent twenty-something college grad who spends too much money on rent and the little I have left on food and booze.

I am a recent twenty-something college grad who spends too much money on rent and the little I have left on food and booze.

Hi, yes, this is me, drunk after pomegranate cocktails and high on Baskin-Robbins. I am showing you this picture to demonstrate that I give in easily to guilty pleasures and in terms of managing my weekly finances, I'm fairly negligent.

Christina Lan / Buzzfeed

My past weekly average was spending $60 to 80 in credit card purchases on food and drinks. Using two different weeks of cash-only spending, I wanted to spend less than $60 for the first week, and exactly $40 for the second week.

Week One: I'd refrain from using my credit card, and simply track how much I spent using cash — aiming for $60 or less.

Week Two: I'd stick a strict budget of $40 cash for food and drinks.

Andrew Richard / BuzzFeed


View Entire List ›

No comments:

Post a Comment