Spend now, pay later?

Ever heard of the old phrase, "A fool and his money are soon parted."?

I'm glad I've successfully implemented a debt reduction exercise with what little bonus that my company paid me. I guess half of my bonus money went into paying credit card debts and a couple of outstanding payments. Although I didn't manage to pay off all of my debts, I've managed to strike out some debts off my list totally. I really want to be debt-free by end of the year. I want to be released from the yoke of credit card slavery.

Indeed, credit card is the evil of all evils known to man. It enslaves you to hell, while promising you heaven. It encourages people to "spend now, pay later", "live the life you want, now" and suffer later. Heh heh...

sale 


After experiencing such excruciating pain of parting with my money for such an evil, I've repented and become a born again spender. I think I'll just use cash to spend on what I really need. I won't shop unnecessarily, and I'll think twice before buying anything I want. Is it really a NEED or simply a WANT? I promise, I'll be financially wiser this time.

Spending cash will likely squash any urge to splurge -- in fact, I'll probably pinch every penny whenever I think of cash physically leaving my wallet. It's a lot harder to part with cash than to sign a credit card slip.

overstretched 


I think I'll make a cup of coffee at home instead of spending ten bucks on a latte. Hehehe I can even bank in my spare change. If I'm a lot less generous to my friends than I was before, please forgive me. Really, I need to save my money, and I need to have a chunkier savings account. A bigger, better cause is en route...