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Optimal Finance Daily - Financial Independence and Money Advice

707: What Happened When We Started Using Cash Only by Jason Price with PT Money on Saving Money

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 13 November 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Jason Price with PT Money shares what happened when he started using only cash. Episode 707: What Happened When We Started Using Cash Only by Jason Price with PT Money on Saving Money PTMoney.com is about helping you make extra money, save more money, and spend your money wisely--all in an effort to help you fix your finances so you can build the life you want. It was started by Philip Taylor, a CPA, entrepreneur, and blogger who started the site in 2007. He also created FinCon, the popular conference for financial nerds. The original post is located here: https://ptmoney.com/pay-with-cash/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Make Match days easy with Google Pay.

0:02.0

Journey across town, tap in and save time.

0:06.0

PubGone Cashless, just tap and save stress.

0:09.0

Fast, safe, simple.

0:11.0

Match days made easy with Google Pay.

0:13.6

Add a card to Google Wallet.

0:15.1

This winter, memberships will never be the same again.

0:18.5

Amazon Prime presents Eddie Murphy's new Christmas movie, Candy Kane Lane Lane and Fast Delivery, all for 899 a month.

0:26.0

I've got to sign up now.

0:27.0

Get great entertainment and fast delivery all for 899 a month.

0:32.0

It's on Prime. Geographic restrictions and

0:33.9

teas and sees apply 18 plus. This is optimal finance daily episode 707.

0:39.4

What happened when we started using cash only by Jason Price with PT money.com?

0:46.7

For now let's get right to today's post as we optimize your life. What happened when we started using cash only by Jason Price with P.T Money.

1:01.0

Do you pay with cash, debit, credit, or a combination of the three? Some people use credit

1:06.9

cards to pay for all of their expenses, earn rewards, and then pay off the balance each month.

1:12.1

Others use cash or debit and follow the viewpoint of Dave Ramsey.

1:16.1

Credit card rewards aren't worth playing with fire that can lead to overspending and

1:20.4

possibly debt.

1:21.8

Also, it's proven you spend 40% more with credit cards versus paying with cash.

1:27.0

My wife and I used credit cards as our primary form of spending for years.

1:31.0

A few months ago, we decided to make a switch to go all in with Dave Ramsey cash envelope budgeting, and honestly haven't been happier with things since.

...

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