One week on from my promise to control my cash flow and, so far, my £5 a day rule is working rather well.The money from cashing in my Premium Bonds has been put towards a credit card debt and I even managed to sell something on Ebay for more than twenty pounds, which has to be a record for me.
During my year of not shopping I sold a jacket on Ebay and failed to take into account the fact that the buyer was overseas. She got a complete bargain at 99p and I ended up six pounds out of pocket to cover the postage.
Anyway, this week’s only weakness was forgetting I had committed to a work’s night out, but as the meal came to just £15 a head and I’d been carrying the same crisp fiver in my wallet for three days without breaking into it, the evening still fell within budget and I was able to enjoy my grub guilt free.
And it seems I’m not the only one to be curbing my cash withdrawals to a minimum.
HSBC and Barclays have said that their cash machines will soon be issuing £5 notes again to help credit crunch hit customers manage their money.
Let’s hope more banks follow suit and start listening to their customers’ needs again.
