Paco’s law is basically a way for you to pour a specific amount of something (money) into a container (a checking account) in order to ensure you only consume (spend) a certain amount.
Knowing about Paco’s law is the first step to not becoming a victim of it.
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Similar ideas to Spend Only What's In The Account
Three accounts make it easier to get a grip on your finances.
Allow yourself a certain amount of money each week and spend only that amount.
Unless you’re constantly checking your finances, it's hard to keep track of what you spent when you pay with your credit or debit cards.
You might find yourself feeling stressed because of your constant need to check your bank account.
In order to avoid this stress from becoming overwhelming, you might as well practice using only cash for certain weeks or, even better, having some days when you spend no money whatsoever.
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