Thursday, March 31, 2011

Nice Girls Rule 60-Day Challenge: Day 23

For the next two months, every time I post a Blog/Twitter/Facebook message it will be about one simple way to increase your nice girl power. These will be simple ways to make your corner of the world a better place and to celebrate who you are, a woman who has committed herself to giving nice a good name. Here's today's challenge!

Nice Girls Challenge Day 23: Spring Clean your Credit Cards

Thought of the day: Debt is a common issue. It seems that whether you've always been good with money, or have struggled keeping the checkbook in balance, all of us owe some money to someone. Whether its a mortgage or a dress from Nordstrom's, we have to be careful when it comes to purchasing anything on a borrowed dime.

So since spring cleaning may be on your mind, why not take that motivation to your wallet? Do you really need a credit card at every retail store you shop at? How many running balances do you have? Can you pay one of them off, all of them, or cancel one that you haven't used in ages? Getting rid of those interest payments and buying things cash will not only alleviate some of that pressure surrounding your bottom line it can also help you to buy the things you need instead of want.

Today's Tip: Try out having a cash jar. Take out a certain amount of budgeted funds for coffee, shopping, groceries, etc. and limit yourself to the cash. Once it runs out, so does your spending. This is a surefire way to make sure you stay within your limits.

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