Stories: One Bank Account

checking accounts

Telling stories is what bloggers do, and most bloggers tell stories because the people in their lives are tired of hearing least that's what my wife thinks.  As we move along in this process, we'll occasionally take a detour to story time.  This gives me the chance to … [Read more...]

Flying through February

Three weeks between posts is too long. Here's a quick overview: The excitement is wearing off: While the debt payments getting larger with each item we pay off, the "fun" of living on a cash budget is waning. See below. February had a couple of non-budgeted items: a pair of … [Read more...]

Month in Review

We've made it through one month of living on cash, and I'm pleased to say that we've done really well. We completely blew the gas budget because of an unusually high amount of work-related driving, but otherwise we stayed right on target. I can only think of one "unauthorized" … [Read more...]

Getting a Second Job

Earlier this week, I mentioned that you need a second job.  Here are a number of ways you can get started today on increasing your income: Ask for a raise-I know this isn't really a second job, but one of the quickest ways to increase your income is to reach out to your boss … [Read more...]

The Importance of Cash

Exactly 7 days into this experiment, one thing is becoming very clear to me: You absolutely have to be accountable when you use cash for all your purchases. I went for a run today with a few friends and the conversation turned to our financial experiment.  My observation was … [Read more...]

Switching to Cash

We made the switch from debit cards to cash yesterday!  All of Eric's income goes into secondary bank accounts that are used only for debt payments.  All of my income goes into our primary checking account.  We'll withdraw $1085 each month for expenses that are not on an … [Read more...]

Who is Heather?

My debts are not much different from Eric's:  credit cards that financed a lot of fun, serious loans for seminary, etc.  I have generally not been much bothered by our debt, assuming we can make regular payments at least a little above the minimum.  I do not like being in debt, … [Read more...]