My self-imposed rules for the month are to only spend money on necessities: rent, electricity, bills, gas, car repairs, etc. But I will be limiting any shopping (no Jerbear, you don't NEED another pair of yoga pants, promise), going out to eat, and coffee trips (I do have one $5 gift card that was given as a gift that I will savor on an emergency day).
Kyle suggested that every time I want to go out to eat and don't, I automatically put what I would've spent (estimate) into my savings, and I think that'll be a good way for me to see how much I saved and hopefully motivate me to continue.
I also have a fully stocked refrigerator, so I'll be limiting grocery trips to staple items and fresh produce.
Who's with me? Has anyone done this challenge before? Any suggestions?
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| Image borrowed from http://theladyprefers2save.com |
2 comments:
Don't know your particular situation, but even gas isn't such a necessity for everyone.
I tried to do "no spend January" and tried to get Eric to do it with me. I did pretty well, although I still ate out some. Eric failed miserably - it definitely would have been easier to do if he stuck with me! But - my credit card bill was hundreds of dollars lower than previous months, so I'm considering it a win. It does make you rethink everything before you buy!
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