I was reading an article today that was talking about the end of cash! I know for me if there was an end to cash my budget would go through the window! I feel in less control of money if I can't see it... When I did operate with just a card, I always found that I would just keep spending until the "declined" message came up. I think that by using cards, you never really remember what your actual balance is. With cash you can see it every time you open your wallet to spend. What do you think? How would you go in a cashless society? How would this affect your budget? What price will you pay for convenience?
Post edited by: michelle.house, at: 2008/06/11 05:47
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I completely agree. I'm always saying "It's not much, I'll just put it on my credit card". Then at the end of the month I'm horrified at just how many incidentals went on the card. It's a real mind over matter thing...if I see the cash that's all I've got!
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A great big thank you to the Ipswich City Council for having me out in April to speak with the community about money management. Your Mayor and council are to be congratulated for their wonderful intiatives in your community. I was delighted to be asked to present to you all, it was wonderful to meet so many of you!
Congratulations also to those who "stepped up" and attended the Back to Basics workshop as part of the Money Master Class series.
The GFC, rising interest rates and general cost of living, combined with the floods in January have put some you in difficult circumstances. I trust that you will use the information from the seminars to help you get back on track.
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