Quote:
|
Originally Posted by jmjj215
Anyway, I was worried about what you mentioned above - not really feeling like there was a real "limit" to my spending. I've found it isn't true in my situation. Here's why:
|
I agree, here is how I handle it. I use my credit card to buy groceries, gasoline, and other monthly expenses. When I use my credit card, I subtract the amount of my charges from my checking account register in Microsoft Money. When I get the CC statement, I will download the statement into MS Money CC account, then delete the CC charges from my checking account. I then write the check from my checking account to my CC and boom no credit balance, but still get the rewards.
It takes a little discipline to remember to move the funds in MS Money, but it could be worth it in saving in the long run.