On A Cash Diet?


Due to a wedding and a birthday that I will be attending this month, it will get quite pricey for me.   I know it is way easier to spend using credit card, so I want  see if I spend any differently if I know I ONLY have $200 cash in my wallet + joint credit card I have with the Husband for our household expenses (I have my own credit card for expenses that I incur myself so that will be put aside).

 This month, instead of paying my discretionary expenses with my credit card, I am going to go on a CASH.   I will GIVE UP that 1% cash back reward to try out this experiment.


Since I am no scientist, I do want to make a nice report  (like I did back in grade 7) out of this cash diet experiment that I am embarking on.

Introduction/ Purpose of the Experiment: 

  1. To see if I spend more using CASH or using a credit card.
  2. To see if my spending behaviour changes.


$200 CASH.


For the rest of September, I will only have $200 cash in my wallet for any meals I have (lunch, coffee and etc.) including eating out with the Husband and for all other miscellaneous/ mindless purchases that I do.

The only control that I don’t have in my spending is that the Husband will use our joint credit card to make household purchases (such as: gas, new wok or frying pan, internet bills, you get the idea).

The following expenses that are EXEMPT from my $200 cash will be:

  1. Gift money for my friend’s wedding: $500
  2. Birthday gift and Birthday dinner for my best friend: $200 – $250? Haven’t thought of the amount yet, but she spent a chunk of change for my birthday, so I thought I’d do the same, since we are both turning 30 this year.

There! That covers it.  I will have an update at the end of the month with the conclusion! 🙂

Have you ever been on a cash diet before?  When was the last time you were on a cash diet?   How did it turn out? 

~The Money Pincher~


5 thoughts on “On A Cash Diet?

  1. Good luck with your cash diet, I’d be interested to see the results! $500 sounds like a lot for a wedding gift… I also use cash for almost everything other than my regular bills which get taken out of my bank. Somehow parting with actual cash is much harder than using cards!


  2. Pingback: September Review: What I Ate, Watched & Bought | The Money Pincher

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