Anyways, the method is to carry smaller notes based on “Want to Spend Less? Carry Bigger Bills“, The results suggest that the denomination effect occurs because large denominations are psychologically less fungible than smaller ones, allowing them to be used as a strategic device to control and regulate spending.

Personally, I’m not sure if this really works but I definitely know that my smaller notes disappear a lot faster than my bigger notes. i.e. I spend my $5, $10 and every $20 a lot faster when I know I have them in my wallet. Nowadays, I use credit cards to pay for everything where possible so that I can track my spending.

Anyways, you might want to try this out and see if it works for you as a way to spend less money… too bad ATMs don’t give out $100 notes…