Wednesday, June 26, 2013

No Spend July!

Can you believe its almost July?  June was an exciting month in our household!  And an expensive one.  Between vacation, birthdays and our 5 yr anniversary, we've been spending more than normal this month.  And while its been nice to just spend money and enjoy ourselves, its time to reevaluate our goals for the next couple months and get back on track with our budget!

Besides saving money for the arrival of a little one in January, we are also working towards another goal- buying a house!!  So after a month of fun and frivolity, its time to buckle down.  To help bring us closer to our goals, we have decided to do a No Spend Month!

What exactly does a no spend month mean?  Well for us, it means that beyond bills, food and gas, we won't be spending any money.  Will it be easy?  No.  But will it be rewarding?  You betcha!!  This is our first time doing this, and we hope that a bit of a 'financial cleanse' will help us get back on track with our budget and moving forward in a big way!

I'm sharing this with you for two reasons.  One, I hope that putting this out here for the internet world will help me stick to my goals.  Having people hold you accountable always makes things easier, right?  You can be like my budget work out buddies :)  And two, I hope you'll join me! 

Now you don't necessarily have to do a no spend month.  You could start with a no spend week!  Or maybe give up Starbucks for a month.  Any little sacrifice that helps put a little more dough in your pocket at the end of the month!

I plan to pop in each Monday with an update of how things are going in our house.  And I'd love to hear from you each week to see how you are doing with the challenge! 

To join the challenge simply:
1.  Decide how much you want to be involved.  A no spend week, no spend month, or something else?
2.  Declare your goals on our Facebook page! (or you can keep this bit personal, up to you)
2.  Jump on each Monday and share your thoughts, triumphs, frustrations or really anything :)
3.  Count your extra pennies at the end of the month and rejoice!

So are you excited?!  I'm excited!!  Let's do this!

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