quote:
LSUFanHouston

That has got to be the most unnecessarily complex method to force discipline on yourself that I've ever seen.

quote:
Other people on here will talk about credit cards, points, miles, etc... but we have learned the hard way that those things don't work for us in our point in our lives.

They talk about those things because it is very advantageous. Why use prepaid cards for gas? Do they give you a discount at Racetrac? If not, why not use a credit card that gives cash back? Same goes for groceries.. why cash when there are lots of credit cards that give cash back on groceries? It's free money!

My exact thoughts....I got lost 1/2 through his method because of the number of accounts he transfers money in and out.

It is a shell game that utilizes no technology. His method would make me do this...

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Posted by Serraneaux

South of 30a

Member since Mar 2014

19744 posts

Posted on 7/28/15 at 9:52 pm to lynxcat

Basically if wife doesn't want to be a part of the finances just tell her you are on bare bones whenever she asks how much money there is to spend. Whenever I get this question, I say things are tight and rattle off random expenses she has no idea if they are for that month or not. Then I remind her she is free to login on her own to check the balances. Pay yourself first and then stick to a monthly budget. Sometimes at the end of the month, I "force" us into bare bones mode even though we have saved 401k, IRA, 529, and money market. I have no issues going spaghetti and meat sauce last few days of the month if it means meeting my predetermined savings goals. I'm not working till age 60 or whatever so if I have to have some self control last few days of the month to hopefully do that so be it.

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