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You gotta spend money to make money!
Every hear those words before? Typically they’re said by a business owner or a company that spends money trying to grow the business.
When it comes to personal finance and getting ahead, that phrase seems so wrong – but what I’m suggesting is you may need to spend money to save money!
For the price of your favorite grande beverage at your local coffee house you can potentially save thousands of dollars if you put this plan into place.
Drastic Action
We all get to a point sometimes with our bad habits where we just can’t seem to make a change and we need to take some drastic measures.
Jesus spoke of this in regards to fighting against lust in Matthew 5:27-30, where he says “if your eye is causing you to sin you should tear it out and throw it away.”
Jesus wasn’t literally saying we should gouge our eyes out if we are lusting for we’d all be walking around blind if that were the case.
What he was powerfully illustrating is that you need to take drastic action against destructive, sinful behaviors in your life before they ultimately destroy you.
Relating to Your Money
If we apply Jesus’ principle to our money then we need to take drastic measures to correct any destructive behaviors we have with our finances.
If you’ve gotten yourself into debt, there’s a pretty good chance you have abused credit cards. It’s amazing that a little plastic card could lead to so much damage.
If that’s you – it may be time to take some drastic action.
The Best $3.99 You’ll Ever Spend
Most of you already have one of these in your house so you may not even need to shell out the four bucks – however, even if you do, maybe just going to the store and buying a new pair will help motivate you to perhaps embark on a brand new journey.
It will be quite simply the best $3.99 you’ll ever spend.
Run to Walgreen’s or your local drugstore; or even shop online and buy a new pair of scissors.
This set here should easily get the job done.
Come back home and have a little Cutting the Cards Party! Gather your cards and one by one start cutting away!
Think about how much money you can save by simply stopping the use of credit cards.
Not only will you save money by not racking up any more debt, but you will also save big time money on interest.
The potential savings could add up to thousands of dollars over the course of your life span.
Now, don’t get me wrong. You may want to keep one since it’s difficult in today’s environment to get away with using only cash, but my point is that if you’ve had difficulty with credit cards in the past it’s time for a change!
Simple, efficient and easy. Well, not that easy, but still a good point. When I wanted to curb spending (my spending), I wanted to close a few credit card accounts to make it impossible for me to use them, but my husband said to keep a few open because it helps our credit. Maybe I’ll keep them, but just render them useless. By the way, my company wants to know why YOU save and invest? tell us your story and you may win an iphone (how’s that for thrift?) Check us out at http://www.fabeetle.com/giveaway Thank you!
Natalie’s right: it not smart to cancel credit card accounts that have any length of positive history on them. But it’s a fabulous idea to cut them up so you can’t use them! Love the post!
I have to say that when I saw the title of this article I thought that the author would be probably selling some kind of a ‘how to get rid of debt’ book / guide. Glad I clicked the link and read the whole thing, hilarious and true at the same time!