Curb credit card spending with a jar of peanut butter

Carrying a balance on your credit card can put you in a sticky situation. Paying all that interest isn’t exactly peanuts, and dealing with credit card bills every month can leave you feeling roasted.

You know what’s nuts? We keep spending. Sure, credit card companies are crafty at finding ways to get you to pay with plastic. Reward programs, cash back gifts, and zero balance transfers are all lip smacking offers designed to get into your psyche and entice you to tap credit.

It’s time to stop being shell-shocked by these trickster ways.

credit card debt

Want to put a lid on your credit card spending? I have a smooth (or crunchy) solution to this gobsmacking problem.

Warning: Results may include tasty savings, and a few nuts.

Ingredients for credit card savings:

  • 1 small jar of peanut butter, $1.98 (OR Try my homemade peanut butter recipe)
  • 1 strong plastic baggie, $0.02
  • All of your credit cards

TOTAL COST: This $2 recipe could save you thousands. Try my Credit Card Calculator to see how much costly interest you’ll save.


Prevent credit card overspending with this nutty trick.

STEP ONE: Be brave. Gather all your credit cards.

credit card

STEP TWO: Wrap those pieces of plastic in a strong baggie. Seal shut.

credit cards

STEP THREE: Submerge that spending mess into a tasty jar of peanut butter.

credit card repayment

This is hard, I know. So take a lunch break — munching on a peanut butter and jelly sandwich should do the trick.

credit card debt relief

You can do it! Keep pushing those pesky credit cards deeper into the nutty butter.

credit card payoff

STEP FOUR: Make a face on top of that expensive mess to ward off temptation. If you open that jar, you’ll see ‘Mr. Sad’ staring back at you.

peanut butter

STEP FIVE: Put a lid on it. Twist cap on tight to prevent future spending sprees.

peanut butter credit card

STEP SIX: Refrigerate. An open jar of natural peanut butter needs to be cooled, along with your credit consumption.

Results will vary, but you’d have to be nuts to retrieve that gooey mess for a costly splurge.

credit card solution

Your Turn: How do you curb credit card spending?

Your two cents:

  1. SavingMentor October 3rd, 2011

    I’m a big proponent of using credit cards and paying them of every month to earn the rewards. But, this is a hilarious and no doubt effective way for people who have trouble with overspending to get rid of the temptation.

    Similar to the freezing your credit cards in a bowl of water trick, but with more panache!

  2. Jody October 3rd, 2011

    Bah ha! That face is hilarious! What a fun idea. I cut my cards up and that was that … closed the accounts as soon as the cards were paid off so I wouldn’t be tempted.

  3. Kevin Mzansi October 3rd, 2011

    I’ve heard of freezing credit cards, but never gooing them over. I think this may work very well for me since I detest peanut butter :-)…

  4. Bea October 4th, 2011

    I did the same with an empty PB jar and ice! Ha ha ha! When I did need a card for a major car repair, I dug thru the freezer, got the jar, and let it thaw overnight. It was there when I needed a card, but otherwise I keep them ON ICE!
    PB, this is too too funny! Dollar store PB would save 98 cents – ha ha ha!! I loved the time it took you to stage the photos, collect junk cards, make an additional sandwich with some very serious amounts of jam, make a funny face in the PB! I love it all. A+ for the day! I needed a financial related laugh today.
    I’m not a fan of closing the cards out, I’ve been told it improves your credit score to have them open (amt of credit avail to you high) while keeping your balance nil. Thanks Kerry. You rock. As always.

  5. Kelly October 4th, 2011

    I keep my credit limit low and I refused the “Cash Back” feature (which, I think is the worst reason why people run up debt.) 🙂 🙂 🙂

  6. Tamara @ Lead Generation October 4th, 2011

    I use cash as much as possible to stay away from paying too much in my credit card.

  7. Matt October 4th, 2011

    Great post! Thankfully my wife and I only have one card we use and it is paid off in full every two weeks, but I wish I had done this when I was younger. I like the method of cutting them up better. One card only, and make it sacred!

  8. Kelly October 5th, 2011

    That’s true, Bea – having credit in good standing improves AAA rating. Me and my Spouse have separate credit card accounts from two different banks and we pay off our balances every month. (We have a mutual GIC that we’ve been feeding for years for emergencies – ie, a new appliance.)

    $60. a month into one can really add up for an emergency nest egg and the interest is good. (Although if you have to withdraw on one, you do lose the interest… 🙁

    I got really annoyed when I had to pay a Visa balance for $2.04 once – thank goodness for online banking, so I didn’t have to cut a check and stamp.

  9. Andy October 6th, 2011

    The comment about keeping the cards on ice is pure genius -not that the PB idea won’t work, but having to wait overnight on a credit card purchase while the ice melts really gives you time to think.

  10. 24Savvy October 7th, 2011

    We store our card in an empty jar/ice block in the freezer, which we use intermittently for expenses we can immediately pay off.

    We also use a credit union for banking that gives us cashback for points earned on our debit card, rather than a pesky points credit card system that offers more temptation to outspend than real rewards.

  11. Jan October 8th, 2011

    FYI that is not “natural” peanut butter. Looks like JIF.

  12. Sudip Adhikari October 8th, 2011

    We have to start feeling that we are not that rich as much we think we are.

  13. Melissa M. October 8th, 2011

    I have started paying with cash and shopping with a list so I don’t over spend.

  14. drzcyy October 8th, 2011

    Use debit cards instead

  15. Dale Clark October 8th, 2011

    HAHA, very punny article! I sort of used a similar tactic to get away from my computer and get out and be active when I was younger, I bought a really uncomfortable chair!

  16. Michelle October 9th, 2011

    haha I love this!

  17. Pat October 10th, 2011

    I think this is a wonderful idea. I am going to us it as I tend to overboard at times. Thank you.

  18. K'Chelle October 16th, 2011

    I would be one of the people who would go through the trouble of digging through the gooey mess 🙁

  19. Pat October 17th, 2011

    I have tried it. I know that I am not going to dig into that messy peanut butter just to get the credit card! (I hope). Wish me luck. I really need to stop using it for a while.

  20. Drmchsr66 November 2nd, 2011

    I have not heard of c.c. on ice or this funny idea of c.c. in p.b.

    I do however keep all my cards with me and active because they serve a purpose which is a financial rescue should something go wrong (like a car being towed etc) I do however write on the card: DNU for Do Not Use or DEBT FREE to remind myself that using it does not lead to be being debt free.

    Cash is king. Nothing beats it. It’s faster in the checkout and I don’t have to remember its pin.


  21. Melanie January 26th, 2012

    I like this idea better than the “on ice” as if you really want the iced cards you just need some hot water… if you put the cards in the PB AND in the freezer you’ve got a tougher time to get it out. LOL

  22. Sof @ The Unbounded Spirit June 29th, 2012

    Great idea. I’m going to try it out.

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