- This topic has 20 replies, 1 voice, and was last updated January 5, 2006 at 5:34 pm by .
- January 5, 2006 at 5:34 pm #235445Liss
We do something similar too–
When DH gets paid, I allocate the money for specific things–some gets
transferred to savings accounts, write mortgage checks, etc. Then I keep a
post-it note in my checkbook with a list for the expenses during that pay
If there is any surplus in the checking account over and beyond what we need for
that 2 week period, I transfer it out of checking into a savings account. I use
either a check, debit card or a credit card for the monthly expenses on the
post-it note. When we use our credit card, I write it down in the checkbook and
subtract it just like I had written a check.
Prevents that “not real money”
feeling, it’s just like spending cash almost. DH travels a lot and uses the
credit card for company travel, so we end up getting several hundred dollars
back at the end of the year from their “rebate” program (it’s a local credit
union Visa) so that’s why we use our credit card for monthly expenses. But I
really do have myself “fooled” into using it like a debit card.
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