One of my 2014 resolutions is to get my finances in order. I’m not in debt, not by a long stretch, but I do know that I spend a lot of my disposable income on unnecessary and silly things. Last year, I made over $30,000 in credit card charges (mostly gas, car insurance, etc). This year, I want to better manage it, and keep more of my disposable income, and only use the credit cards for absolutely-last-minute needs.
One issue is that I rarely, if ever, carry cash – or at least enough to last me a few weeks before hitting up the ATM machine. So I decided that the best way to handle this is to get a prepaid debit card and load money on there. I do not, under no circumstances, use my debit card for any purchases except at bank-branded ATM machines. If the ATM machine is not physically attached to the bank, I wont use it. I’m very caution of using my debit card at ATM machines (even asked my bank if I could have a regular ATM card and not a debit card, but they said no – oh well).