Secrets of Success




Each pay day I take out a set amount of money for my groceries, gas, and free spending. My grocery money goes into one envelope, my gas money into another, and my free spending money into a third. Paying cash for everything has enabled me to save more money than ever before.

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This system also enables me to live debt free since I am no longer making purchases on my credit card.

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Member Comments

    This is a great idea! I do this too. I don't even have a checking account. Just a savings where I deposit my checks by avoiding to pay check cashing fees. Everything I buy is via CC and at the end of the month, I deposit my checks to pay off the CC. I earn miles on the CC, don't pay any finance fees, and don't over spend because my checks aren't cashed until the day before I pay the CC off. - by OURGODISAWESOME
  • I use the separation method as well.....placing the alloted.....
    amounts for various bills aside....Also making sure i put aside some savings as well. emoticon - by BROWNIEISLANDER
  • Nice! Something to really think about - I might just use this!! - by ANTSOP

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