The best way to escape from our mindless purchase economy is to ignore your credit cards in favor of pure, reliable cash. Credit cards undoubtedly have value - purchase protection, rewards, convenience - but only for consumers who use credit responsibly. No Credit Needed wrote a useful guide for anyone willing to live the credit-free life.

Life without plastic requires a few components:

• Budget: Every month, NCN writes out a comprehensive budget: "I divide my salary into three major categories - Give, Save, Spend - and then I break those categories into smaller sub-categories. For example: Give - Tithes, Offering, Charity. I then allocate, on paper, all of the funds that I receive for the month into those sub-categories. I spend every dollar, every month, on paper, before the month begins."
• Payments and Spending: NCN makes payments either through his online account or with plain checks. For internet purchases, he uses a debit card.
• Transfers: NCN dips into his high-interest savings account once per month. We do the same, and enjoy the financial discipline imposed by limited trips to the cookie jar.

How I Live Without Using Credit Cards - My Simple System For Living On A Budget [No Credit Needed]
(Photo: danesparza)