Comments on: Frugal Friday: How to Live Without Credit Cards

By: Learning Money Management with Kidbudget — Life As Mom

Learning Money Management with Kidbudget — Life As Mom — Sat, 11 Jun 2011 22:32:31 +0000

[...] of the keys to teaching us better money management was moving to an all-cash system in which we paid our regular bills first and then pulled out a budgeted amount of cash for [...]

By: Farmer’s Markets | Modern Alternative Mama

Farmer’s Markets | Modern Alternative Mama — Sun, 06 Mar 2011 17:12:18 +0000

[...] **This post has been entered in Works For Me Wednesdays at We are THAT Family and Frugal Fridays at Life as MOM!** [...]

By: Jessica Fisher

Jessica Fisher — Sat, 06 Nov 2010 23:40:56 +0000

@TuxGirl, well, usually people are spending their cash on hand on the things that they bought on credit 60 days ago. After grace periods, etc, you're paying for stuff that is up to 2 months old. So, it's not exactly the same thing. You're two months behind. If someone pays it off each month, they are still counting on the pay check at the end of the month to get them out of hock. It may be different for you guys. But, I think this is how it is for a lot of people.

By: TuxGirl

TuxGirl — Tue, 19 Oct 2010 14:46:15 +0000

I’m curious how using debit cards instead of credit cards really makes any difference. From my perspective, it’s the exact same money getting used, but with credit, we get rewards back.

I guess I can understand if you don’t already have the money in the account, but overall, I don’t see there being much, if any, difference between the two if you don’t spend what you don’t have…

By: Chelsea

Chelsea — Fri, 01 Oct 2010 20:39:05 +0000

@Penniless Parenting, Agreed, that would be AWESOME!

By: Dana @ The Coupon Challenge

Dana @ The Coupon Challenge — Sun, 04 Jul 2010 12:35:26 +0000

Great post! We are now living with zero credit card debt Our only debt is our house which the plan is a 15 year payoff.

I use cash for everything-have my lovely envelopes and I also just carry a debit card and store loyalty cards. We do have a credit card that we use on vacation. I know it sounds silly, but I feel that if it’s lost or stolen on vacation I’d rather someone steal from my CC and not have to deal with utility bills bouncing. I know I’m weird but it makes me feel better.

By: Diane

Diane — Mon, 28 Jun 2010 19:59:34 +0000

I love this post. I have only owned one credit card and the account was closed due to “inactivity”. I only used it twice and paid off the balance with the bill was due. My husband has a credit card that is used for traveling out of the country and renting cars. We save for whatever big expense we want. I recently began carrying cash to the grocery store and I am so pleased with it that I am going to continue with this. I only buy what I need and I am not near as tempted to grab things that are not on my list off the shelf. We both have debit cards that we use to buy gas and such, but it is nice to know that we are not creating more debt. Alot of our friends are constantly going out and stuff, and it is hard to say no to many of the events, but we know they are in debt while we are not. However, we have the best vacations because we actually save up for the vacations while our friends complain about their cheap vacations! Our friends actually think we are “well off”, but that is not so true, as we are “not in debt”. We only have a mortgage and a small student loan. This is done by God’s help and grace as we are both scared of going in debt, and we also want to be available to use more of our money for the Lord’s service.

By: mrandmrs

mrandmrs — Mon, 28 Jun 2010 02:34:09 +0000

Great post! Hubby and I are in a ton of debt right now and I’m thinking of somehow managing to start a savings account. He’s also planning on closing our accounts. I’m a huge shopaholic so struggling now with not having a credit card (we’re doing debt consolidation) is such a challenge. But a very good lesson that I know I have to learn!

I hope to one day not be dependent on credit cards!

By: CRAZY Busy! « Keep it Simple

CRAZY Busy! « Keep it Simple — Sat, 26 Jun 2010 06:26:06 +0000

[...] I’m linking up to Frugal Friday! [...]

By: Shannon

Shannon — Sat, 26 Jun 2010 01:12:00 +0000

When we first got married amost 10 years ago, I had 2 credit cards that I used responsibly. (Only balance was wedding dress and 1st set of groceries, other was not activated) I then lost my job and shortly after my husband lost his. We activated the other card for “necessities.” We became out of control with our spending. We found ourselves buying things we didn’t need such as a paintball gun with all the accessories (for hubby), a pool stick with case, etc. It didn’t take long for us to become buried in debt. By the grace of God, we have always had what we need but it took years for us to recover. We haven’t had a credit card for a long time and our lives have improved dramatically. We don’t buy large items without much thought, research, and prayer. We don’t always have what we want when we want it but it means so much more when we get it because we worked for it. Now we are in the process of saving money and couponing to build an emergency fund. It hasn’t always been easy but it has been worth it. Right now we are not living like everyone else so we don’t have to live like everyone else.