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Giving $$ real value

August 23rd, 2006 at 02:51 pm

I think the Devil played a cruel trick on us the day he gave us "credit", or abstract money that you'll pay dearly for in the future.

We know in our mind that we have access to money through credit, but fail to register ownership of spending unless we use tangable cash money.

Credit is a financial anesthetic that tricks our brain into spending our paychecks years into the future.

Electronic funds are almost as bad. As long as we can't physically hold and surrender the money- it does not trigger caution or responsible consumerism.

Cash is the way to go to stay on financial track. But, it seems to be the passe trend for today's consumer.

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For me, this is my ultimate goal. I will gradually develop my own technique for transitioning back to the dinosaur practice of handling/managing cash. I owe it to Jasmin, my child, not to the credit companies.

Posted in New Lessons, Ideas | 2 Comments »

2 Responses to “Giving $$ real value”

  1. Bookie Says:
    August 23rd, 2006 at 06:19 pm 1156357192
    1156357192

    Good point and worth repeating frequently. No matter how diligently I budget, my spending is always more restrained when I use cash than when I use plastic. There's just not the "separation anxiety" when I'm paying by cc that I feel if cash leaves my hand. Smile

  2. LuckyRobin Says:
    August 24th, 2006 at 03:19 am 1156389550
    1156389550

    I paid the cashier at WalMart with cash the other day. He looked at me like, what's that stuff? As if it weren't real money unless it was plastic. What a mixed up world.

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