Money | August 26, 2008 | 3 comments

Family Save $1800 in ONE MONTH by Paying in Cash

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IlyceGlink
Credit cards make it easier to spend your hard earned cash, but is that a bad thing?

Studies show that if people pay for everything in cash and forgo their credit cards they are less likely to spend day to day.

One couple in Texas tested out this theory. They stopped using credit cards for one month, paid only in cash, and saved $1800 dollars in just 30 days.

Click on the link above to see the video from ABC News, and answer me this:

Do you think you could go a month without credit cards?
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3 comments // Family Save $1800 in ONE MONTH by Paying in Cash

  • resolute
    • 0
      resolute  
    • Hope this catches on. I cancelled a credit card this week already. My goal is cash only too. May reach it by the end of this year.
      Great story. Thanks Huntre!

    • 3 years ago
  • 1percent
    • 0
      1percent  
    • I as well am on the pay as I go plan.

      If I can't pay cash in full, I don't buy it.

      I sleep easy knowing I'm debt free.

      Ride on!

    • 3 years ago
  • huntre
    • 0
      huntre  
    • Before even watching that clip, I've gone without credit cards all of my life so,...yes.
      I know that I'm in a minority here.

    • 3 years ago
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