Is a no spend challenge for a whole month too tough?
Page 1 of 2 12 LastLast
Results 1 to 15 of 17
  1. #1
    Registered User
    Join Date
    Nov 2006
    Posts
    539
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default Is a no spend challenge for a whole month too tough?

    I was thinking about a no spend month, except for gas, bills and food. Is that crazy? We really need to jump start our budget and I thought this may be sort of like a good experience to start with.

  2. #2
    Registered User imforpeace's Avatar
    Join Date
    Aug 2006
    Posts
    474
    Post Thanks / WTG / Hug
    Blog Entries
    1
    Rep Power
    14

    Default

    It can be done, but I caution against it. When you start to feel deprived you will go overboard!!!
    Give yourself maybe $5 to go to the dollar store or thrift store. It works for me!

  3. #3
    Registered User
    Join Date
    Apr 2007
    Location
    NJ
    Posts
    602
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    I'm actually going to do this this month. Only bills, food, gas and for me, party supplies (BF's b-day party and already have it in my budget) so unless it's on my budget, it's not being bought. If I can go one month doing this, I"ll be so far ahead!

  4. Remove Advertisements
    FrugalVillage.com
    Advertisements
     

  5. #4
    Registered User mmy2grls's Avatar
    Join Date
    May 2007
    Location
    Michigan
    Posts
    908
    Post Thanks / WTG / Hug
    Blog Entries
    17
    Rep Power
    14

    Default

    I plan on no spending except bills this month. I will probably take the kids to McDonalds one day to eat and play at the playland.

  6. #5
    Moderator nuisance26's Avatar
    Join Date
    Sep 2006
    Location
    Colorado
    Posts
    8,714
    Post Thanks / WTG / Hug
    Rep Power
    56

    Default

    ~No matter what I give myself to spend, I always go a little bit over. So at least if you plan for $0 and spend $25 it's better than if you'd planned $25 and spent $50, kwim?~

  7. #6
    Registered User StartingOver's Avatar
    Join Date
    Jul 2007
    Location
    Midwest
    Posts
    493
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    It can be done...I know this is what we did when we wanted to get a "jump start" on our EF. It's not fun...but we did it.

    However, I did it during the summer so I could take the kids to various free outdoor activities, that was our way of indulging ourselves and not feeling sorry for ourselves.

    Good luck! I know you can do it!

  8. #7
    Registered User
    Join Date
    Nov 2006
    Posts
    539
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    I was thinking that March would be a good month to do this since March comes in like a lion and out like a lamb...It will sort of be a gateway into spring. I'm going for it, I'll keep you posted. Thanks so much for the encouragement and the honest feedback. I truly appreciate it.

  9. #8
    Registered User BeachBaby's Avatar
    Join Date
    Oct 2005
    Posts
    177
    Post Thanks / WTG / Hug
    Rep Power
    15

    Default

    We are on a spending freeze for the month of March too. Only necessary bills, food and gas. I did spend $10 - saturday night with a friend at a thrift store. I found 2 coach purses in excellent condition for $5 each. Somebody didn't know what they were worth. Other than that, there won't be anymore spending this month.

  10. #9
    Registered User mikandmari's Avatar
    Join Date
    Feb 2007
    Location
    Delaware
    Posts
    966
    Post Thanks / WTG / Hug
    Rep Power
    15

    Default

    I've been trying to do this... gotten a little confused lately between things I need and things I want . I need to do better. Last year I had no trouble doing a no-spend month.

    Maybe springtime will be easier, since there is so much more to do outside, for FREE! I also like the dollar store idea.

  11. #10
    Registered User
    Join Date
    Dec 2007
    Location
    Muncie, Indiana
    Posts
    158
    Post Thanks / WTG / Hug
    Rep Power
    13

    Default

    BeachBaby:

    Put those suckers on Ebay and get some extra money! I used to be a collector of Coach, Louis Vuitton, etc. I sold them all on ebay when I quit my job years ago and made a bunch of money!

  12. #11
    Registered User Cricketlegs's Avatar
    Join Date
    Aug 2006
    Location
    Texas
    Posts
    4,225
    Post Thanks / WTG / Hug
    Rep Power
    34

    Default

    Every penny I have is earmarked this month BUT dh and I also have our monthly allowances earmarked too.

    My allowance is going for a girls vacation in June so I am not spending.

    One thing also, is that I budgeted in $25 for yard supplies each month and it is FUN to shop for plants, tools, stones etc so that helps me alot with the urge to shop and spend.

    Once again--earmark the money and budget it in and get CASH and don't spend over.

  13. #12
    Registered User cissylu's Avatar
    Join Date
    Oct 2007
    Posts
    1,227
    Post Thanks / WTG / Hug
    Rep Power
    16

    Default

    we mamage to pay ouer bill`s and get our
    food ,but we never can get any put up .
    when I did put a 100;00 up . it had to be used. suck`s

  14. #13
    Registered User
    Join Date
    Nov 2006
    Posts
    539
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    Well,
    so far I have not spent any money at all for March. I was very tempted last night to hit a drive through for some onion rings, but I fought my craving!!

  15. #14
    Registered User Holly's Avatar
    Join Date
    Jun 2007
    Location
    Upstate NY
    Age
    67
    Posts
    1,764
    Post Thanks / WTG / Hug
    Blog Entries
    8
    Rep Power
    16

    Default

    Never will happen here. (sigh)

  16. #15
    Registered User
    Join Date
    Nov 2006
    Posts
    539
    Post Thanks / WTG / Hug
    Rep Power
    14

    Default

    OK, here we are at day nine and I haven't spent a dime of money except for gas, bills, food. I don't even feel deprived. I think that I"m like an alcoholic when it comes to spending. I can't even start, because then the floodgates open and I don't want to stop. Does anyone else have that problem?

Page 1 of 2 12 LastLast

Similar Threads

  1. How much do you spend a month on gas ?
    By 227melissa in forum General Chat
    Replies: 46
    Last Post: 03-28-2012, 12:03 PM
  2. how much do you spend on Groceries every month?
    By loria in forum General Chat
    Replies: 41
    Last Post: 04-02-2011, 02:06 PM
  3. October is going to be a tough month for us.
    By Preston in forum Debt Reduction & Money Management
    Replies: 5
    Last Post: 10-02-2009, 11:22 AM
  4. lukesmama's spend less each month challenge
    By lukesmama in forum Money challenges
    Replies: 2
    Last Post: 09-08-2008, 08:02 PM
  5. How Much did you SPEND on Gas this MONTH?
    By Start-Living in forum Frugal Living
    Replies: 22
    Last Post: 07-30-2006, 05:49 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •