Why I Leave My Wallet At Home

“The average person carries under twenty dollars on them at any given time.”

There’s a saying I heard once, either it was from a book or a Dave Ramsey quote I can’t really remember, but it went something along the lines of “You can’t spend money that you don’t have”.

Yes, there are credit cards that essentially do the same thing. What I figured that quote means is when you carry money on you, you have a psychological reason that you’d be able to purchase something because that cash or plastic is physically in your pocket.

By leaving my wallet at home I have saved tons of money by physically not being able to buy the things I want.

The only downside to leaving your wallet at home is there will be times where you’re going to need it. Whether it’s an emergency or a sudden hunger strike, you never know. If your the kind of person to spend all you got, regardless of what could happen it would financially be better to leave your wallet at home.

The Setup

My school is where I get a lot of inspiration and ideas for new content, and this post is no different. At one point in time, I was also just like everybody else, but eventually, my cheapness started to get to me and I looked at the situation as a whole.

My town is on the smaller size for the scale factor. There are only two small stores and two restaurants throughout the whole town. My town is also a small community, so kids are allowed to roam around with relative ease.

The stores have a surplus of candy, snacks, and drinks that I’m sure they make a killing from the students that go there almost every day, and the two Chinese restaurants also are probably swimming in profit from the flow of students every day.

The rule at my school is that you’re allowed to sign a form and leave school grounds at the lunch break. Kids will use this time to either walk around or go home for lunch.

The perk of having a small town is that you can make it to the other side of the town and back before the lunch break ends. It’s even more convenient is that both stores are only halfway across town.

The Influence

This is where the problem began for both me and my fellow students. The rule was when after you passed the sixth grade, which was considered to be elementary, you were admitted to seventh grade which got you into the high-school end.

Now, I remember when I finished my last year of sixth grade, and I was on my way to seventh grade. I remember seeing all the older kids with their bags of snacks, jumping out of their vehicles and heading off to back into the school, and I wanted a piece of that action.

Being in twelfth grade now, I can see that I wasn’t the only seventh-grader who had those desires.

Although I do a poor job of maintaining “the grade twelve” image, I am considered an anomaly. Most of the students at my school do just that, but fairly expensive meals and snacks, while ripping off in their vehicle just to show off.

I clearly remember what it was like to be that seventh grader, wanting and inspiring to be that level of cool, I actually thought about this twelfth grader image a lot.

This is where it gets to be a problem for our younger students. They also feel this pressure and inspire to be like the “cool” 12th graders. When they cross into the highschool end, this desire ends up just getting heightened.

When I mean this, I’m not stating that there’s anything wrong with buying snacks every once in a while, but it can get to a point where they actually don’t understand the magnitude of what they’re actually doing.

Something I’ve noticed is kids will buy less when they have cash and will buy more when their parents allow them to have a debit card. I find when I pay with cash, I can physically see my money dissipate and disappear. When if I'm using my debit card to buy something, even though I'm still spending money it doesn't actually feel like a loss as much as cash does.

This is because cash is a physical thing whereas debit some consider just numbers in an account. You don't actually see them disappear because you're not witnessing at you just type in your pin and you’re good, as long as your account isn't denied for some unknown reason like insufficient funds.

This isn’t unknown information, people have been saying this for years but it affects teenagers and younger kids just as much as it affects adults in everyday life.

My example of this is when I was in eighth grade, I had a buddy who had a debit card and his parents put about $250 on it, and that was for him to have.

Me being cheap bum I was, I wasn’t totally for spending what I had but almost every day we go either to one of the two stores and he'd get some snacks or whatever and I’d come along for the walk.

This continued for about 2 months most almost three to four times a week until one day he went to go buy something and his card was denied

He didn't check how much he had, he just kept typing in his pin until it got denied. He assumed he had lots left to spend and that these little purchases weren't adding up. Before long, sure enough, when (who)checked at the bank all $250 I've been spent on snacks and drinks.

This is my prime reason why I started leaving my wallet at home. I find that by not having my wallet, I didn't have the means to actually buy anything when the urge to have a snack came on. That was great because it let me overcome and win when the battle of spending on useless junk.

The Regrets

There have been times where this is actually come and leave my wallet at home has bitten me in the butt. As I said in my last post I love thrift shopping and looking for deals and I am down hard fan of Star Wars.

The opportunity came up where I found 30 books of the young Jedi Knights series for $30, which this series retails around a hundred twenty bucks on eBay but I couldn't buy it. I couldn't give in and spend 30 bucks.

I openly regret that decision because this is one of the instances where finding that deal actually would have been worth the time and money to buy the books.


Any money on you can be good and bad at the same time.

Finding great deals and not having the money to buy them really really sucks, but this is counteracted when you have the impulse to buy something you don't need and the decision isn't there because well you don’t have your wallet.

By leaving my wallet at home, it is saved me money tons and tons of times over. I prefer to leave my wallet at home because it's just easier, but if you're not a crazy spender it is totally totally fine to bring your wallet along with you.

I try to carry cash as much as possible because it psychologically makes me more hesitant to spend and I find that’s key when you go about your daily life.

If your goal is to kill your spending habits, I totally recommend with all my heart leaving your wallet at home, or carry the least amount of cash possible. It’ll be a struggle to get used to at first, but I can promise it will be worth all the hassle.

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