Keeping it in the Budget with American Express Prepaid

American Express Prepaid Card

We aren’t very good at budgeting our money. I have an Excel sheet with my expenses listed so I know how much we need to earn to pay the monthly bills. What we get in trouble with is those’ extras’ – eating out, repairs that come up, misc ‘I need’ items. I don’t really have a category for those kind of things and I should. We need help in this area.

A wonderful idea came my way a few weeks ago. The American Express Prepaid Card. Every month we will put an allotted amount of money on this card – easy transfer online or by phone – directly from our bank account. We will only use this card for those ‘extra’ expenses.

The card was easy and fairly fast to set up online. It connected to my bank account and I had to wait a short period of time for approval and in the mail the card came with the first month of ‘extra’ money that I had initially set up. The first question Hubby asked was ‘Aren’t there fees like there is with American Express credit cards?’ and the answer is No! We can use it wherever American Express is used or any ATM machine to take out cash for FREE and still obtain the American Express benefits like discounts and their roadside assistance program.

I think the card would also be a good budgeting tool for groceries or even holiday shopping. How much I spend ever year on Christmas gifts is very important to me!

Another great idea is for the college student. Instead of sending them a check every month, you can transfer money over for them to use with the click of a mouse.

In other words, there are a variety of ideas to help your family stay in budget!


How would you use the American Express prepaid card?


I wrote this review while participating in a blog tour by Mom Central Consulting on behalf of American Express and received a promotional item to thank me for taking the time to participate.


Click here to post a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crunchy Mail in your Inbox!

Did you hear I live in the mountains now?

My Fav Posts to Pin!

Add this badge to your page to let everyone know! Copy and paste this HTML code to your site: Everywhere