I have never been great at budgeting or keeping very close watch of my finances. One of my biggest downfalls is my debit card. I just swipe, swipe, and check periodically to know where my balance is. This a great way to get into trouble financially, which is something I have definitely done. This year I signed up for a New Way Card and I decided to try something out. I don’t know about you, but during the holidays, I have been known to go into debt, splurging on more gifts that I should. I came up with a budget and loaded that amount onto my New Way Card. This meant I knew exactly how much I was “allowed” to spend. Since the New Way Card is accepted everywhere MasterCard is, I was able to use it to make all of my purchases and every time I did, I received a text message with the purchase information and my remaining balance. It worked out perfectly and I started the New Year debt-free.

I have decided going forward that my New Way Card will be used in place of my debit card. I will create a monthly budget for myself and have only that amount to spend. This will help me create some financial accountability. How will you use your New Way Card?

1by Karina Konchalski

Bitnami