I am sure you have heard the term cash is king. It is true but not only is cash king it can also help you simplify your personal finances. You have probably read articles that cash will become obsolete. Well as long as we are still using cash let it help you simplify your finances. Here is how using cash can help you simplify and improve your finances.
Eliminate monthly bills – Yes it true cash can eliminate bills. Instead of paying with a credit card use cash when possible. By using cash you will not receive a bill for your purchase at the end of the month. One Christmas I decided to use cash for all of my Christmas purchases. It forced me to stick to a budget as well as plan ahead before I would go shopping. I needed to determine how much cash I needed to take with me. It was a great feeling when January came around and there was no credit card bills staring at me to pay. It was already paid for. [Read more…]