Thursday, February 7, 2013

Financial Challenge: Examine The Wallet

Open up your wallets and survey the contents...

1. Is your $5 or $10 still in there with February 4 written on it? If so great job-now you can choose to spend it or take it to the bank and drop in savings. Maybe your saving jar will reap the benefits. Drop it in there for the big item you are saving for.
2. Here's the second check of the wallet-How much plastic is in there? Do you only have debit cards or is there some charge cards?

This is a toe-stepping category. If you have several credit cards...why? Are you using them for just gas till the end of the month? Or are they the reason you've held on to the $10 bill-because you'd just use it if you got in a pickle?

Today's Challenge: Choose 1 of those cards and cut it! Close the account and move towards a debt-free life.

Challenge Issued!

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