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Monday, June 9, 2014

Use a Prepaid Debit Card to Curb Impulse Sending

Use a Prepaid Debit Card to Curb Impulse Sending


We all have our own bad habits that make it difficult to save money. The debit card is a particularly nasty money pit since it can feel bottomless. Avoid that trap and give it a bottom by purchasing a prepaid debit card for discretionary spending.


This trick is a variant of the various ways to limit your spending by carrying cash. The upside is that a prepaid debit card provides you most of the same advantages of a regular debit card. You can put as much as you want on there, spend it in most places without having to carry around a bunch of bills and coins, and once it's gone, it's gone. You don't have to worry about dipping into your savings.


How to Put the Squeeze on Your Fattest Money Habit | FamZoo via Rockstar Finance


Photo by U.S. Department of Agriculture .


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