2010 Frugal Living Guide
Examining debt
smart spending
5 ways to cut credit cards from your life

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Pay with cash

The age-old idea of having your credit cards encased in a block of ice is still valid.

Some people have a difficult time leaving their credit cards at home or saying no if the cards are available to them.

Ramsey cites MRI research by Stanford, MIT and Carnegie Mellon that found when people hand over dollar bills to pay for a purchase, it activates the brain's pain centers. "When you spend with plastic, it doesn't," he says.


 

 

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