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Going to the grocery became the biggest anxiety
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Small story. I was sitting with a couple
and uh [clears throat]
they weren't using credit cards at the
time, only debit cards. They already
maxed out the credit cards. I always ask
people, how much money do people spend
on credit cards? Anybody know how much
money people spend on credit cards?
How much?
I like to say people spend on credit
cards. Whatever the credit card limit is
only has 10,000 limit, they're going to
spend 10. I'm talking about someone that
can a bump. I'm not talking about
someone that can I know that could
afford everything. So I asked I asked
them how much do they so she told me
that when they go to the grocery is uh
there's always anxiety. She goes to the
grocery and she doesn't know if there's
enough money in the car or not. She has
to call her husband. Is there enough
money in the car or not? He's answering
is not answering. She's going to the
register. She's shaking. It's going to
go through or not. The whole going to
the grocery is an anxiety situation.
So I said okay this is what we start
doing. We start budgeting with cash.
Take away the cards. That's not cards.
Cash. How much do you need to for a week
for the grocery? A x amount of money.
Okay, take that money, divide into
envelopes, everything else you need and
take it.
She told me that it could very much be
that from the day we started sitting,
she had less money to spend in the
grocery. The number was less than she
really spent. But walking into the
grocery, she knew this is what I have to
spend. I have the cash in my envelope
and she was able to shop with calmness
and be able to go to the register and
pay. There's no phone calls and there's
no anxiety and nothing. So again, that's
a little bit of a case with this this,
you know, situation. there wasn't
anything extra, but it's just a concept
of being able to go to the grocery and
be able to budget and know what a person
has.
So that's basically the concept of of
budgeting.