It appears that I can’t be trusted with a credit card.
At least, not a credit card that gets used for our regular shopping.
Over the past few months, our spending has slipped past our budget by more than I like. Â The problem appears to be that it’s really easy to toss “just one more thing” in the cart when there’s no hard limit on how much is available to spend at the register.
If you do that a few time, it’s easy to find yourself $1000 over budget.
If it weren’t for my side hustles, we’d have been growing our debt recently.
As of the beginning of this month, our credit card has once again been relegated to automatic bills, the gas station and online purchases.
No more groceries, no more scrapbooking stuff, and no more restaurants.
I would have done this Â sooner, but we were so far over budget that I didn’t have the cash to yank out all at once to cover our month’s expenses. Â We ended last month at a good place, so I went for the clean break and withdrew all of our day-to-day spending on the first. Â When I got home, it went straight into envelopes so we know what we’ve got to spend this month.
Bye-bye, credit cards!