On Budget!!!

Recession is coming...sounds a bit outdated if I voice it now, but is still early for Malaysia to say this, as the worst has not arrive yet. Gonna tighten the belt on shopping, food, traveling, daily expenses...but it ends up spending even more! My friend suggested there is one way to save money, but not sure if it works for everyone. Here is the way, once you received your payout, then you shall take the portion where you want to spend within the month and divid into the separated envelop for the respective expenses such as clubbing, shopping, food..etc, once you finished each of them, then you shall not take any extra cash for the particular expenses. But, it doesn't work for me, cause credit card will be my first choice, haha! One more advice from Warren Buffet, do not have debt with credit card, so remember for all the credit cards user!