It wasn’t until the 20th century that humans began to use plastic instead of cash as a way to get what they want today while paying for it next month, or later. In the short time period since, we have seen the exponential increase in the use of alternative modes of payment to cash and with it the dramatic increase of debt and debt related stress.
So, if cash worked for thousands of years, why not take a step back in time and live like Cash Is King? Living only on the cash you have in your account or in hand, or in the envelope in your safe or fire proof box is one way to ensure that you are Living Below Your Means.
LifeHackers article from 2011 is a great reminder that going all cash can help you stick to your goals to not increase or even reduce your debt in 2014.