Being an adult is hard! The worst part are the bills that come every month and the cost of living that continues to increase despite salaries not being able to keep up.
So in order to combat some of the mundane adulting tasks, the I have decided to start installing some “frugal tips” into day-to-day living. Some tips have helped me save money. Some tips have helped me knock down some debt. Some tips have helped me find some new and exciting adventures. And since they have been fairly beneficial, I wanted to share some of them!
This week’s challenge/tip: No Spend Week
While the title of this week’s tip, and challenge, is pretty obvious, the purpose behind it is to not spend any extra money! This may have been something that has been written about before, normally called “no spend months,” but there were always exceptions – food being one of them.
While that is difficult, I feel that food shopping is one of my vices – I can go to 4 stores on a given day and shop way beyond my list. Hubby and I do eat it all, but that also feeds into the cycle of over-indulgence and our healthy journey.
So, this upcoming week, we will not allow any food shopping as well as no erroneous spending except for health/medications and bills. Anything we normally would have purchased is put “on ice” and can be revisited the following week. That also means that we have to only eat items we already have – think of it as a food clean-up too!
We cannot spend money on anything from Amazon or other retailers, and if the appointment for any personal indulgent item (like my nail appointment) can be moved, it should be!
The challenge starts today: June 17th and ends on Sunday, June 23rd.
The rule: if you were going to spend money on any “fluff”, it has to be deposited into the savings account. That way, at the end of the week, we will calculate how much we saved. That means that if I was going to buy lunch on Tuesday, I would transfer that $8.00 (or whatever the price) to savings instead.
Who is with me!?