Tuesday Musing: using a debit card will ensure you don't overspend and rack up debt on a credit card.

“If you don't have the money management skills yet, using a debit card will ensure you don't overspend and rack up debt on a credit card.” - T. Harv Eker

Back in the day I actually followed this plan to the tee. Instead of having a credit card, what I did was i had my paychecks direct deposited into one bank account, which I then paid myself a salary into my “spend account”.

I did this to protect myself from my own ignorance. it wasn’t glamorous and I wasn’t apart of any point systems but I was in  situation where all my bills where paid and I had a little bit of spending money all without incurring any more debt while I was learning how to respect the debt I did have.

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