Whether you want to retire early, travel the world or buy a house, your life goals need to be financed. And knowing what you're working for can keep you motivated and on track.
Even small purchases like your daily caffeine fix or last-minute additions in the check-out line add up.
That's why Gildea recommends using a credit card for must-have purchases like gas and groceries, and using a pre-determined amount of cash for the rest of your weekly spending.
"You know right where you are, it's easier to keep up [with cash]; we can't manage virtual payments very well."
Related: 6 budgeting tips for beginners
