Skip to main content

View Diary: Chase has taken their next move, into your paycheck (265 comments)

Comment Preferences

  •  With cash you don't have to do any math (3+ / 0-)

    You can just count it out, separate what you need for various things, and stash it back.

    It's much easier for many people to control their spending that way. When it's gone, you stop spending, and you are not charged anything.

    Basic math is hard for many, especially subtraction. You can get into trouble when it's just numbers floating around in your head.

    Then there are those things you might forget to subtract when you do it all with cards, and you get into trouble. When every penny counts, you don't want to have to think about mistakes.

    Women create the entire labor force. ---------------------------------------------------------------------------------------- Sympathy is the strongest instinct in human nature. - Charles Darwin

    by splashy on Sun Jun 16, 2013 at 12:41:29 PM PDT

    [ Parent ]

    •  And when you don't do any math (2+ / 0-)
      Recommended by:
      Caedy, TrueBlueMajority

      You tend to run out of money faster than if you did, because you're not doing any budgeting, or likely economizing. You buy what you want or need as it comes up, and when you run out, you pay the price.

      "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

      by kovie on Sun Jun 16, 2013 at 01:20:49 PM PDT

      [ Parent ]

      •  No, I don't think you understand what I mean (1+ / 0-)
        Recommended by:
        kurt

        Say you have $100 and you know you need $20 for electricity, $20 for water, and $40 for rent (arbitrary numbers). You can set aside each amount separately in different envelopes or something similar without having to do any math. You just count each thing out.

        Then  what you have left is what you have for other things, without having to do any written or mental subtraction.

        I know people who can't do much in the way of math, but can handle their money by counting each thing out. It works for them.

        Women create the entire labor force. ---------------------------------------------------------------------------------------- Sympathy is the strongest instinct in human nature. - Charles Darwin

        by splashy on Mon Jun 17, 2013 at 01:29:27 AM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site