Wednesday, August 31, 2016

No Spend September

A couple of months ago I decided to try going a full week without spending any money. No groceries. No household items. No eating out. Nothing. I think my kids were more frustrated with it than I was... or I should say Alyssa was frustrated.  She likes to talk me into french fries here, ice cream there and I always give in because it gives me one-on-one time with my lovely, spoiled 16 year old. The week was difficult for the whole family. My husband loves to eat out and I love to wander around thrift stores and craft stores. A week without spending may not seem like much to some people, but for us it was huge!

I feel like I've spent a ton of money over the summer between our big vacation and back to school shopping. Over $400 for school fees alone! For two kids at public school! That's not even counting school clothes or supplies. Soon the holiday season will be full blown upon us and more money will float right out the window. I decided I need to do a No Spend September as kind of a financial cleanse in between two very expensive seasons.

The rules I'm setting for myself are:

1- No shopping in person or online for anything, with the exception of basic groceries and household supplies. I'm giving myself a $400 budget for these items.

2- No eating out, with the exception of date night once a week and lunch with friends one time during the month. No movies or other entertainment expenses outside date night. I'm giving myself a $100 budget for this. 

3- No rationalizing that something is a "good deal" that I just can't pass up. 

4- No wandering around stores when I am bored. The same goes for browsing online.

Are you up doing a No Spend September challenge?

What rules would you set for yourself?

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