How do you become a cash family?
We have always been incredibly lucky and have always had more income than expenses so I haven't had to worry about it before but our circumstances have changed and I need to budget and watch our money. I've written up a basic budget of monthly bills but I don't seem to be sticking to it or I haven't allowed enough money. I am also thinking of becoming a cash family.
Please don't laugh but I have no idea how to be a cash family. I have always used my credit card for all bills etc and pay it off each month. Well that was the way it was but over the last 18 months I have just gone crazy and I can't pay the balance off so it's gotten out of control. I have had a shopping problem in the past and I can see me ending up in the same debt problems again.
I have written up a budget but I never end up with any cash (my budgeting savings) left over as I can't even pay off all my CC balance. I also have all my direct debits set up to come off my CC too.
How do you do your groceries? I just write my list and whatever it comes to I just put on my card.
How do you plan for unexpected things like home repairs/car services/kids clothes?
I am just so sick of chasing my tail. Any help/tips/suggestions would be greatly appreciated.
Getting us sorted financially is going to be my NY resolution.
Thanks,
Dan.