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~January No-Spend Challenge~ We're at the finish line! How did you do? What will you do... - Page 3

post #41 of 784
I am joining, but actually more like lurking since I don't have the time or desire to track every single day. I like getting the daily notices though in my in-box to remind me and keep me on track.

We have cc debt, student loan debts, a car loan and a mortgage. I want to reduce our debts. I want to go back to school. We need to tighten up how we're spending our money.

Goals: Use jars for weekly grocery budget so we can see once the $ is gone, it's gone! Use food in pantry and freezer. Cancel WW membership and use resources, self discipline , use pool in our building to lose weight. Prepare lunches at home, do not buy extra food at work/eat out (including coffee! UGH!!!). Shop at Value Village instead of more expensive resale consignment shops. Fit my pre-pregnancy work clothes instead of needing to buy new ones. Declutter and sell things. Sell some valuable vintage clothing .

I am trying to figure out ways to reduce our expenses but we have a lot of fixed monthly costs like our debt payments, insurance, RESP's for the girls, etc.
post #42 of 784
Thread Starter 
Let me get this up and then I'll be back with goals and such...I need to think them out more and commit myself to them.


My previous months:

May 2007 = 19 no-spend days with $265 in unecessary spending
June = 19 /$394
July = 15 /$580
August = 19 /$451
September = 22 /$103
October = 20 /$203
November = 19 /$456
December 2007 = Fell off the wagon
January = 20 /$216
February = 21 /$190
March = 24 /$189
April = 19 /$402
May 2008 = 22 /$206
June = 27 /$23 My best ever! Had a baby this month
July = 20 /$274
August = Fell Off the Wagon
September = 15 /$790
October = 18 /$909
November = 20 /$360
December 2008 = 20 /$611
post #43 of 784
I've joined this thread before, but never made it through a month . But, my goal for 2009 is to simplify.... everything! And that includes our finances.

a. I'm a 40 yo SAHM of three. My husband is in the Air Force.

b. Fortunately, our only debt is our mortgage, but DH will be retiring from Active Duty in 2010 and we really want to build our savings as much as possible by then, just in case he has difficulty getting a civilian job. Goal is to save an additional $500/month for the entire year.

c. Cut unnecessary spending, specifically grocery spending. I spend SO much on food . I am at the store 3+ times a week and manage to drop $100 or more each time. My goal is to streamline our grocery spending by buying much less processed food, and doing 2-3 big grocery trips/month rather than lots of medium sized ones. Oh, and keeping OUT of TARGET!

Goals for January 2009 ~ 10 no spend days and 3 trips to the grocery store
post #44 of 784
Day 1!!!!! Ok, so here goes. The first week should be a breeze. We overspent the past few weeks, so there is little cash between now and next payday. Shouldn't be a problem, we have a kitchen full of food. I might need to put some gas in the van, but just a little. I really want to do this with cash and avoid dipping into savings.


1 -- 3.40 -- medicine for ds
2
3
4
5
6
7
8
9 -- pay day
10
11
12
13
14
15
16
17
18
19
20
21
22
23 -- pay day
24
25
26
27
28
29
30

Groceries 0/400
Debt payment 0/1000
post #45 of 784
I'm so in! I just opened my light bill and :

a)I'm michelle SAHM to 3 kiddos, my youngest was just born in Dec and between pregancy, new baby,and christmas, my budget is shot.

b) right now its just pay off my really high light bill.

c) no eating out!!! (been really bad with that lately), no buying things i don't need even its its 75% off. I can never resist a deal . Try to lower my grocery bill by 20 a week. Attempt to lower my eletric usage....not sure if that one will be doable considering we added a leaky family member lol.
post #46 of 784
Quote:
Originally Posted by JayGee View Post
aOh, and keeping OUT of TARGET!


Umm ya that


Oh and am I suppose to make al ist of all the dayslike i see some people did? I've never done one of these before.
post #47 of 784
a. Who you are, Mama to a 2 yo boy and 6 month girl. I've had to take time off work (was a part time nurse) due to my daughters health issues, I am hoping to be able to pick up a 2 day/week schedule by february. In the mean time, I am trying to avoid dipping into savings as much as possible.

I need to set some goals and parameters for this month, I'll be back to do that!
post #48 of 784
I'm Stephanie. I'm mostly a SAHM to Sara (15 months), and expecting another little one. I do work, but only 5-10 hours per week. We want to pay off most/all of our debt this year and really become frugal with our spending. We plan to do this by just cutting back and paying more, plain and simple!

My goals for the month include spending as less as possible. I will have to buy either a pair of maternity jeans or a bella band this month, but other than that we do not need to spend any extra. I would also like to pay $100 extra on one credit card.

1/1: $5 for two drinks and a snack at the gas station for the ride home
1/2: $0 s
1/3: $4.19 at Olive Garden for salad.
1/4: $10.99 at the Shoppette -- this was for a drink & $10 cash for DH's haircut. Much cheaper to pay $.99 for a drink rather than $4 for the ATM fee. $2.80 for two bags of Walkers' brand chips at the International Foods display in the PX.
1/5: $0 s
1/6: $7.86 at the Commissary for sprite, tortilla chips, and Gerber puffs.
1/7: $40 to the cable company to hook up the Internet in the guest bedroom for the people who are staying with us long-term, $8.31 at Piggly Wiggly for grapes, olive oil, and an avocado.
1/8: $0 s
1/9: $0 s
1/10: $0 s
1/11: $22.49 on groceries & household
1/12: $4.00 on breakfast at Burger King (had to leave the house before I had a chance to eat)
1/13: $0

6/20 no-spend days
11/28 eat at home days
$38.66/$200 grocery budget

$15.99 -- unnecessary spending
post #49 of 784
I'm a SAHM of two. My problem is that my mother is way too generous. Seriously. DH gets a check from the VA that we can very frugally live off of while he goes to school. My mom (who is pretty wealthy) wants to make sure her grandkids live fairly well off, so she has given me free range to use a credit card that she pays off every month. I hate it. I started using it when we absolutely needed it, and then we moved, and we needed stuff for the house, and yada yada. It's gotten out of control now. My mom doesn't mind and even encourages it but I hate being a grown woman and mother and still have mommy pay my way. I feel disgusted with myself with every purchase I make. I'm willing to keep the card for things like medical expenses (we're uninsured) and serious emergency money and maybe food if we're absolutely needing it. (We have $150 budgeted for food per month with our family of four.) But no more than that. DH has been spending his check on toys while my mom was paying our bills. Ew. I need that to stop.
post #50 of 784
I hope this isnt hijacking the thread. But everyone has a "weakness" they need to curb on the spending. So lets give tips on how to help that.

One thing:

I have seen this over and over- the Starbucks habit. If you abstain from your java fix for 3 weeks, you can buy a very nice coffee maker to make your own at home.



Also, people always talk about eating out. Should we be talking about ways to help this??
post #51 of 784
I am Patty, SAHM to 4 LOs, wife of a fireman.

My goal is to save $20,000 this year!

The way I am going to do that is no unnecessary spending (just regular unchangeable bills, food, gas, *needed* clothes, and the kid's homeschooling supplies and classes). I am also going to try to pare down our grocery spending (which is usually $500/month). I am going to eat/take from our (Coupon earned) stockpile, while only adding to the stockpile when I can get things for free or less than 50% retail for food 30% retail for household/health products). I have started using my drying racks and am putting up an indoor clothesline to bring down our gas bill. I've got the kids in training to turn off all lights when leaving the room. I will combine my coupon-shopping trips with other outings and try to stay home 2 days/week.

I will remember that the kids will get much more out of daddy having more free time (he currently works freelance Graphic design and odd jobs to make us more money) than they will enjoy more junk in this house.

Oh- I am going to get to the museum a few times over the next couple of weeks before our membership comes due, and not re-new until my money goal is met
post #52 of 784
I desperatly need to join in. I will be back during dd's nap for intro and plan.
post #53 of 784
Quote:
Originally Posted by Crunchy*VT*Mom View Post
Please write an introductory message when you decide to join our thread. We would like to know:

a. Who you are

b. Where you are going (your financial goals) and

c. How you plan to get there

Good luck MDCers!! Keep that money in your wallet.

a. I'm a mom of a 2 year old and I live with her dad. I work full time, and my biggest weakness is eating lunch out. If I was a SAHM it would be easier to not eat fast food.

b. My goal is to get my debt paid off. At one point in my life, my ex and I were in almost $50K in debt. I am back up to about 5K and I need to nip it in the bud. (Not that any banks will give me new credit lately anway ) My other goal is to pay for all the things I need to fix up my new house I just bought. I desperately need new window treatments and I want to save up for new flooring eventually.

c. I plan to seriously stop eating out every day at lunch. My co-worker and I have pledged this before, but we need to be for real this time. Seriously, this is my biggest weakness. I could save $200/ month if I brought my lunch from home every day. And if I stopped eating out at night or going to happy hours? God knows... another $100+ probably.

Good luck to all of us!!
post #54 of 784
a. I'm AnnaArcturus, a housewife to a WAHD and grad student. We have a two year old and are casually going about having another. We're currently living in a high cost of living region in an apartment.

b. We've got most of a down payment for a home of our own saved up and we're otherwise 100% debt free. But ultimately, our goal is to consume less and live simply.

c. For now, our plan is to keep total expenses (besides monthly bills) to under $200/month.

1 - $0 ($200/$200 for the week)
2 -- Market Day
3
4
5 - Family Birthday
6
7 -- Comic Day
8 - ($0/$200 for the week)
9 -- Market Day
10
11
12
13
14 -- Comic Day
15 - ($0/$200 for the week)
16 -- Market Day
17
18
19
20
21 -- Comic Day
22 - ($0/$200 for the week)
23 -- Market Day
24
25
26
27
28 -- Comic Day
29 - ($0/$200 for the week)
30 -- Market Day
31

--
AnnaArcturus
post #55 of 784
I went grocery shopping yesterday but I'm counting it for January. So here it goes.

1.groceries 95.84/headlight bulbs for my car one was burned out 12.65:
2.Payday
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.Payday
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.Payday
31.


Goals for this month:
95.84/350.00 groceries
0/20 no spend days
12.65/25.00 necessary unplanned spending
post #56 of 784
a. Hi I'm Nina, WOHM to Libby, age 2, and DW to Wally. We were very, very frugal for a year and a half when we were saving for our down payment. In June we bought our place with 20% down including a $6000 loan from my mom. We've paid back $3000 of that loan so far. Since we bought the place though our spending has been high. We bought furniture, replaced our busted computer, and gave more expensive gifts that we have in the past couple years. It's time to get back on track!

b. Long-term: pay off that loan, build an emergency fund in the bank, start saving 10% of our net income for retirement, and save $$ for a Mac for me so I can start a business from home. This month: Get $2000 paid back to my parents with my freelance money and my "bonus" paycheck (I'm paid biweekly and there are two months of the year where I get a third paycheck.)

c. Budget properly - look at actuals for the last couple months and see if we need to adjust the #'s - I will post numbers in an upcoming post. NO eating out, weigh purchases carefully, and keep the frivolous spending to $25.
post #57 of 784
I love to see everyone's situations, goals, and ideas! I especially love the idea of talking about how we do x,y,z frugally so I personally don't think that's a hijack at all.

Glad to see everyone here, Happy First of the Year!!
post #58 of 784
Today isnt over yet, but we just lit a fire in the fireplace and won't be leaving the house to spend money!

1.
post #59 of 784
OK, I have tried in the past and not stuck with this. So, I'm going to keep this as simple as possible. I have watched y'all for months. I am in total awe. I have become more confident just watching...sometime in the next few months, years, or decades I would love to quit my job.

I am a fulltime WOHM to 3 beautiful kids and wife to DH. I have read Dave Ramsey and though our debt is not bad I want to be debt free in 2009.

1. tithe...I actually used my birthday money (thanks Mom)
2.Payday...extra payment on car no other spending:
3.: and gave the car a rest:
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.Payday
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.Payday
31.


So my specific goals for January are:

20 completely spend-free days :
very tight budget for the month.... expected expense
Absolutely no eating out in January
Goal to have my vehicle paid off 2/13/09 extra bugetted payment...
Groceries/household 0/$400.00
Gas 0/$80.00
post #60 of 784
Quote:
Originally Posted by Amys1st View Post
I have seen this over and over- the Starbucks habit. If you abstain from your java fix for 3 weeks, you can buy a very nice coffee maker to make your own at home.
It really isn't as simple as that, though. If it were just the coffee, or even espresso, it'd be easy to make it oneself at home. But 1) I don't actually drink coffee, I drink chai (and we already own a coffee maker, a french press, and an espresso machine, as well as a stove and pots for heating milk without steaming), and 2) it's not about the drink, though that's part of it; it's about the experience, the convenience, the treat for oneself. I get Starbucks because it's an indulgence that feels good, so I have something to sip and keep me warm (or cool in the summer) when I'm driving the child around to get him to sleep, when I need a quick calorie intake when I'm out, when I need to get the heck out of the house (we have two coffee shops within walking distance from here), etc. It's really not about the drink, so it's not as simple as making the drink at home.

Don't get me wrong, I'm going to do my best to abstain this month, and hopefully create the habits to avoid it in the future, and I could surely use tips and help and support with that, but to say "just make it at home" really misses the point.

Besides, it always tastes different.
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