No Spend Month

No Spend Month

Julia Cho
Jul 1, 2010

We've read about people doing "No Spend Months" before and have been gearing up to do it ourselves this month. It basically means we'll just spend a budgeted amount on necessities - no extras.

We've followed Rachel at Small Notebooks the past two summers as her family did it, but every time we wanted to try- there was always something we were going to need, or some extra expense we HAD to make so we held off until another month when we wouldn't need anything. What we finally realized is that month will never come - and that's kind of the whole point.

Our budget is always pretty bare bones, but this month we'll cut out any little extras or spontaneous purchases. We're looking forward to becoming more aware of where our money goes, becoming more content with what we have, and more importantly, having extra time and brain power because we won't be researching possible purchases, flipping through catalogs, or shopping online.

One thing we plan to do with that extra time and energy is get rid of stuff. The first step in making your home more comfortable is probably actually decluttering and having less rather than more. Once you have more space you may actually find you don't need the stuff you were going to purchase because you're pleased with the clean appearance of your home.

Has anyone tried a "no spend" month or something similar? How did it work for your family?

(Image: Rockford Public Schools).

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