I am doing an experiment which will probably make many of you cringe. I am using the credit card to pay daily expenses with the plan to pay off at the end of the month.
With the loss of income I usual expect at the beginning of the month, are income is loaded on the backend. The majority of our discretionary money doesn't become available until the second part of the month. Instead of pulling the money from savings to put back come May 20th, I decided to put all those expenses on a credit card and pay it off at the end of the month.
I admit this plan has failed in the past but I thought to give it one final try. If I find I spent way to much on card then I have budgeted to pay, I will use monies I had planned to put into savings and call this experiment a failure. Thoughts?
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