So how about it?! I think its kinda awesome that this month just happens to start on a Monday. Because I love starting something new on a Monday. Just seems like the day of fresh beginnings, amiright?
Hopefully over the last couple of days, you've had an opportunity to decide how you'd like to participate. Or if you'd just like to spectate, which is perfectly fine too. If this goes well (and I hope it does), there will be more no spend months in the future :)
To start, I'm going to give you my little budget break down. This is the first time I'm attempting anything like this, so I'm just kinda pulling these numbers out of the air. I'm trying to base it on our spending now, so none of this is very scientific :) But thats okay! Since we are planning to only spend money on food, bills and gas, our numbers are pretty simple:
$125 a week for food (for 3 people)
$90 a week for gas ($45 for each vehicle)
$400 a week towards bills
And thats it! We'll have to get creative at times I'm sure :) But the idea is that we will be more mindful of things like how much we are driving, and only buying the necessities in the food and toiletries department.
Now for those of you who know me, you know we like to buy organic in our house when possible. I know sometimes buying organic can seem very expensive, especially depending on the size of your family. But I'll keep track of my grocery receipts, and share any tips I learn along the way! And if $125/wk for a food budget with organic produce is entirely unrealistic, well I'll share that too :) This is all an experiment after all!
So now I'm excited to hear from you! What have you decided to challenge yourself with? Have you created a simple budget? Have you done a no spend month before? If so, please share your wisdom! And to one and all, happy saving!
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