I used to pay for everything with debit card, but it didn't work for me. I would find it easy to pull out the card and buy things I didn't need, just because it was so easy. We also found that we would overdraft our checking account because I would charge things and DH would charge things, and they didn't always get written down quickly. The more things we charge, the more likely we are to make mistakes. Also, it's really hard to keep in a budget using a debit card, especially with two people spending the money. With the cash system, we leave the cash at the house and only take what we need. .
I don't worry about missing a sale because if I don't need it, I don't buy it. And it will always go on sale again I almost always have some cash left over at the end of the month. On the rare occasion that there's something we really need and don't have money left, we have been known to use our debit card and deduct the amount from the following week. We try not to do that very often.
Deb ................. DH Norm
DS Caleb, 13 ...... DS Patrick, 12
DS Isaiah, 8 ......... DS Thomas, 7
DD Cherish, 6....... DD Emily, 7\18\13 ....... Ripple, 17
William, 14 weeks, 4/11/12
We mostly use our debit card but are very good at staying on budget. I carry a bit of spending cash but only $20a week. We do have a credit card that is used for online purchases but it gets paid off each month and we stay in budget. Debit visa cards are not readily available here in Canada yet, so a credit card is needed for online, hotels etc.
I'm not one to regularly carry cash, but I don't buy much outside of our regular stuff each week. I use a debit card for most things, but I'm considering using the cash method for some of my weekly stuff. I have decided to budget $100 a week for groceries and it would be nice to have whatever is left over (which usually isn't much) to put in it's own little envelope for a rainy day fund, or to use at Christmas, or even to use if I find a really good deal on meat to stock up on or something. I just always forget to take out the cash!