Personal Finance

Making Progress on the INTERAC® 21 Day Credit-Free Challenge

Last week, I shared that I’d be participating in the Interac 21 Day Credit-Free Challenge. The plan was to set aside my credit card for 21 days and use only my own money. Life is better when you use your own money, right? Today, I wanted to give you an update on how it’s been going for me so far.

We are several days into the challenge and I think it’s going pretty good! I’ve been putting the challenge financial tips into practice and feel motivated to finish it successfully. My credit card is out of commission. Literally. It’s in my freezer right now, frozen in a bowl! Even if I wanted to use it, I’d still have to wait hours for it to thaw out.

I’ll admit I was a bit nervous about freezing my card. However, when I put my mind to something, I give it 110%. So there it is, frozen solid in a block of ice!

freeze credit card

I mentioned before how my dad always has good financial wisdom to impart. It turns out he’s also an excellent source of moral support. I like that he is honest and tells it like it is. I feel comfortable talking to him about sensitive financial issues. He reminded me again about always living below your means and how it’s better to spend money you have versus buying it now and paying later. It’s nice to be able to chat with someone I trust and make me accountable every step of the way as I work through the 21 days.

phone friend

On day three of the challenge, a light bulb went off in my head when I read the tip of the day.  Creating a meal plan has been on my to-do list for a very long time. I kept putting it off because I thought it would be too time-consuming to set up. In reality, it is anything but! It has helped me in more ways than I can count. Not only am I wasting less food, but I’m only buying what I need on my grocery shopping trips.

menu plan

I also appreciate not wasting time standing in front of the fridge trying to decide what to cook for dinner. With a meal plan, the decision has already been made and I have all my ingredients on hand. There are less impulse purchases at the grocery store so I’m saving money in that respect too. And of course when I pay, I use my own money.

I’m happy to report that I’m actually enjoying the Interac 21 Day Credit-Free Challenge. It’s been very eye-opening for me and allowed me to take stock of my current finances and make positive changes to improve my budget. Want to join me? Sign up for the Interac 21 Day Credit-Free Challenge and let’s create some new and improved habits!

The Interac® 21 Day Credit-Free Challenge was created to help Canadians live within their means by using their own money. It’s easy to get started. All you have to do is sign up with your email address at to receive daily financial guidance.


Disclosure: This post was brought to you by Interac Association/Acxsys Corporation via Mode Media Canada. The opinions expressed herein are those of the author and are not indicative of the opinions or positions of Interac Association/Acxsys Corporation.

Stacie Vaughan

Stacie is the mom of two girls and lives in Ontario, Canada. She enjoys cooking/baking, photography, reading, DIY and is fueled by lots of coffee!

more by Stacie »