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Gonna jump into the cash only pool

August 20th, 2010 at 02:15 pm

starting today. I'll be taking out $250 cash from the bank (ten $20s put into the evelopes for: gas, groceries, entertainment/misc AND one $50 that I will spend only as last resort). We will need gas and groceries (I will obviously need to do a better comprehensive inventory and meal plan while shopping). I've accounted for entertainment (the kids' BTS skating party) and a decent miscellaneous category.

I guess you'll be seeing daily posts from me pertaining to the spending log. Wish me luck!

4 Responses to “Gonna jump into the cash only pool ”

  1. creditcardfree Says:
    1282311339

    Good luck, Laura!!

  2. Homebody Says:
    1282312877

    I'll be joining you!

  3. ceejay74 Says:
    1282317332

    Cool, I'll be interested to hear how it goes. I like the idea of keeping the emergency money in a different denomination, so it's easier to view as a separate chunk of money that shouldn't just get spent along with the rest of it.

    I've thought about this for groceries, since we're consistently dipping into the next week or month's grocery line item on the budget. I don't know if we could do it, but it might be interesting!

  4. Ima saver Says:
    1282328566

    Good luck!!

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