Impulse Control Using Just $20
Do you have trouble paying off your debts because you keep spending try this tactic. Only carry $20 cash with you. Only cash. No credit cards and no debit cards.
You will have limited your ability to act on your impulses. Little changes like this can help you get control of your finances.
The best place to get deals on computers and software was swap meet style shows. There were so many “great deals” that I found I had to set a budget beforehand and only bring the money I could afford to spend. Why? Our impulses can be powerful.
Leave your credits cards at home and you’ll find it easier to pay down your debt and overcome your impulses.
See my take on Chase versus Citi in the 0% wars.