Monday, August 10, 2015
Credit Card Diet
As of July 28th, I am on a credit card diet. A few weeks ago I had the thought to make a spreadsheet of all my credit card bills and to put it all in living color. I literally woke up in the middle of the night and thought of that. At first I thought I had 18 credit cards, but thankfully I miscounted. But I still have 15 which is not much better. The dollar amount is even worse. I can’t say what it is. Only my husband and one super-trusted friend know the amount. It is mortifying and embarrassing. But there are 5 digits and one comma.
I shop too much and use credit cards for everything. Well, no more. I have been on a strictly cash basis since that wake-up call. I have not done any shopping and while I have not really cut down on my socializing, I have scaled back on what and how much I drink since I am using cash. I do find that I have a lot of friends who are willing to buy me a glass of wine, but I don’t want that to happen too often!
I also don’t want to cut back entirely on my salon appointments, but I probably don’t need to get my hair blown out as much as I normally do and so far I have only done a brow wax and pedicure and paid cash. It is a humbling experience!
If you knew me 5 years ago, you will remember my Year of No Shopping in 2010. That lasted from February to May and then I fell off the wagon by purchasing a Kate Spade clutch on our Vegas vacation. Nonetheless, I learned some valuable lessons in living a little more cheaply and as I recall I did pay off $1,500 of credit card debt.
Anyhow I am back on the credit card diet. Wish me luck! I need it! P.S. I can still shop as long as I pay cash.