– The complete guide

Get your $50 signup bonus for your free visa card (MCO) reached the July 15 milestone to distribute crypto-spending cards to US-based users. The MCO cards unveiled their new design based on user demand and will be carried by Metropolitan Commercial Bank.

The MCO cards will carry no monthly or annual fees, and up to 5% cashback, along with airport lounge perks.

Kris Marszalek, Co-Founder and CEO of said:

“We are thrilled to announce our U.S. launch date and unveil our new card range with the Frosted Rose Gold card. Unrivaled perks and incredibly powerful App make the MCO Visa card a must-have card for every cryptocurrency holder in the U.S.”

The central hub for crypto spending is still the app, which can be used to reserve a card, and also verify one’s identity. The exchanges of crypto-to-fiat also happen through the app, to be able to load the VISA card. Otherwise, users can pay in a peer-to-peer fashion using cryptocurrency, through the chain., formerly Monaco, had a delay of around a year to launch its new cards, after the loss of the WaveCrest provider made the old cards unusable.

Following the news, the market price of MCO still sank toward $4.88, down 12% on the week, following a Monday sell-off across all coins. Chain (CRO) sank to the $0.07 range after touching 10 cents, following a token sale and Huobi International listing. Traders also noticed volumes that increased sharply just before the Huobi listing announcement:

Twitter Post

The MCO card news arrives at a time of a shifting attitude for digital assets. Bitcoin (BTC) dragged down all prices as it sank below $10,200, with predictions of returning to the $9,000 tier.


How to live frugally

Do it yourself:
Make your own
Do it yourself
Cut your own hair
Maintain stuff

Make money:
Sell your clutter
Participate in free sweepstakes
Donate blood

Look for used first
Buy things you need, not things you want
Don’t shop around for fun
Use a 30-day list for purchases
Don’t buy cheap, but for life
Only buy during sales
Make a grocery list
Start couponing
Use cashback

Stop paying interest
Pay your credit cards in full
Stop paying interest
Pay everything with cashback credit cards
Cancel subscriptions

Go with one car
Go with a smaller car
Get rid of your car
Commute by bike
Carpool or ride the bus
Save gas

Go with a smaller house
Save energy
Save on heating

Eat out less
Eat out frugally
Brown bag it to work
Reduce convenience foods
Cook ahead
Eat less meat
Eat a cheap breakfast
Drink tap water
Grow your own crops
Make your own coffee

Exercise at home
Eat healthily
Quit smoking
Alcohol in moderation
Sweets in moderation
Drink water

Adopt a minimalist wardrobe
Wear more than once, if it’s still clean
Sun-dry clothes

Cut out cable
Use the (online)library
Find free entertainment
Stay home with friends

Gift frugally
Batch errands into one day
Travel frugally
Change to a cheap prepaid cell plan
Shop around once a year
Plan ahead
Have frugal holidays (e.g. christmas)
Share things between friends and family
Donate your body to science
Charge your things at work, school, public

How to save 90% of your income

It’s amazing how much of your salary you can save if you make this your top priority. You can’t live like this forever as you’ll go crazy, but if you want to really work hard and save a large chunk of cash over a year or two for a particular goal, here’s how we saved 85% of our income for almost 2 years so we could start our own business. (Caveat, our employer provided us an apartment at the time so we didn’t pay rent, so clearly that would drastically reduce the %)
The secret all lies in envelopes.
It goes without saying that the first step is to cut all recurring bills that are unnecessary. Cable TV, magazines, etc., anything you pay every month but can cancel and stop paying.

So…buy a box of cheap envelopes and label them like this:
Food week 1, Food week 2, Food week 3, Food week 4
Spending money week 1, week 2, etc.
Gas money week 1…
Make an envelope for any bill you pay in cash
One empty envelope (will explain later)

Then…set a reasonable but small budget for each item…we did $50/week each spending money and $80 for the two of us for food (groceries) but this will vary on the person/situation. At the start of each month go to the bank and pull out all the money you need to fill every envelope. Then, put your bank cards away and never use them. Bills you pay online are accounted for but of course you don’t take cash out for these.
Each week you take the grocery money and ONLY spend that amount on food…making adjustments based on sales, seasonal items, etc. to get as much food as you can for that amount of money. If you need to spend more this comes out of spending money (i.e. bottle of wine, case of beer)…same goes for gas and spending money.
When the money is gone for the week…too bad. No more cash until the next week and the next envelope. You’d be surprised how easy it is to spend $0 if you really have to.
When money is left over from a week you put it in the empty envelope…and this money can only be used for one thing: fun. Don’t put it in savings, save it up and then piss it away…this gives you more incentive to use less of your spending money to have some to put into the fun envelope.
Seriously, when you limit yourself to $50/week you really notice how often you spend $2-5 on gum, coke, coffee, crap you don’t really need…you get to where you save all $50 for Friday to spend on one night out.

Try to have at least 2 days a week you spend $0, these really add up over the year.
These are the basics but it really does work. Other keys are finding free ways to entertain yourself…books from the public library, exercise, replaying video games instead of buying new ones….get creative, you can find ways to entertain yourself without spending anything.
We no longer do this as we’re back to a more normal life now, but the beauty is that although it’s been 4 years since we stopped, we are much more careful now with our money after having really tightened the reigns for 2 years.
The envelope system makes it so much clearer where your money is going than a spreadsheet, because when you go all cash, you can’t spend money that isn’t there.
Forgot to add: to really work you need to avoid all “big” purchases…no new TV, new lawnmower, etc…same goes for clothes. You’d be surprised that you can go a couple years without buying a single item of clothing and you don’t die. Your closet probably has enough clothes for 5 years, it’s really only shoes that break down.