or Connect
Mothering › Mothering Forums › Natural Living › The Mindful Home › Frugality & Finances › August No-Spend Challenge -- Congratulations no-spenders!!!! You made it to the end!
New Posts  All Forums:Forum Nav:

August No-Spend Challenge -- Congratulations no-spenders!!!! You made it to the end!

post #1 of 1106
Thread Starter 
This thread is a support thread to help you ~not spend your money~. Everyone is welcome to join (we would love to have you) and you are welcome to start at any time. It doesn't have to be August 1st.

The plan is simple (although very tough to execute):

1. Vow not to spend any money on unnecessary purchases.

2. Come on here everyday and record your spending.

3. If you think that you absolutely MUST buy something, come on here and tell us about it first. Sometimes taking the time to come on here and post before you buy something will help you not buy it.

4. Provide encouragement for your fellow non-spenders and try to talk THEM out of buying things.

Good luck Ladies!! Let's have a strong August!!! Keep that money in your wallet.

ETA: Our no-spend threads tend to get very long...if you are new and considering joining us you don't need to read the entire thread (unless you want to). Just read the first three or four entries and jump right in. Start your no-spending today!
post #2 of 1106
Thread Starter 
Some caveats...

*Groceries, utilities, clothing for you and your family, transportation...these things are necessary. You don't need to record things like that.

*Only YOU can determine what is necessary. We are a non-judgemental group.

*Record whatever will cause YOU to spend the least. If you feel guilty about coming on here and fessing up -- then this thread is working perfectly.

*Don't get discouraged if you spend -- our goal is PROGRESS not PERFECTION. We all will spend this month...let's admit that up front...Our ideal is no-spend...but we'll be happy if you just spend less.

Please don't take an all or nothing attitude. You will see progress if you stick with us...I promise you that.

*If you have time to read everyone else's post and do personals, hurray! That helps our thread do its job...but if you don't have time, then just post your tallies. We have plenty of successful no-spenders who do only that. All are welcome!
post #3 of 1106
Thread Starter 
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?
post #4 of 1106
Thread Starter 
1. My name is Prudence and I'm a SAHM with two daughters. I spend compulsively on things that I do not need. I know this. I'm trying to change my habits.

2a. My husband is a teacher -- we have no income during the summer. So every dime I spend comes from our savings. Oy vey.

2b. Our mortgage is over 50% of our income. We bought a house that is too big for our budget. A mistake that we can rectify by living frugally, well within our means. This means watching every penny.

2c. We want to have another child -- so we need to save money now because expenses are looming on the horizon (happy expenses!)

3. My game plan:

- Come on here and post everyday

- Carry precious little cash in my wallet...if I have to come home and get money to buy something, usually I change my mind and don't buy it

- Stay O*F*F the internet shopping websites diaperswappers and ebay

- When I want to purchase something, I'm going to write it down and give myself a 24 hour breather period to decide if we really NEED it.

Goal to beat my previous records:

May= 19 no-spend days and $265 frittered away
June = 19 no-spend days and $394 in frivolous spending
July = 15 no-spend days and $580 in frivolous spending
post #5 of 1106
Ok, I am joining you for August.

1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

My name is Katie, I live in Seattle. I am married with a 4 year old son. My spouse is a student (pharmacy) and I run a non-profit organization. We live in Seattle. We would like to have another child soon and I had my mirena out in April so wishing for 2 pink lines some time.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

We are financially pretty fortunate- I have a good income, we don't have debt (no cars notes, no credit card debt, unpaid bills etc) and we have an affordable mortgage. However, in a couple of days I will have a family of five more that will be living with us for awhile. They (my brother, his wife and three kids) are in a financial bind and ended up basically homeless in Florida. So they are moving here to seek better jobs. I will be helping them find some transitional housing here through my work etc. But that means 8 people to feed and pay the utility bill for! And we already paid for bus tickets, food for their trip, etc. And they could be here awhile! So I want to cut out other things to help accommodate that. Thankfully, my other brother is willing and able to help with the costs a bit. My goal is to not dip into savings for the month and still put almost as much as we normally do into savings. The one exception is my dental appointments in August, which total over $2000 (root canal, crown! Yay! ) so that is coming from savings.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

I am making a list of low cost meal ideas I think they will like (they are picky, mostly my brother and SIL) and of free activities or activities that are already paid for. For example, we belong to the Children's Museum and I can bring 4 guests each time so my SIL and all of the kids can do that. Also, we can get movies from my other brother who owns about 500 DVDs and also from the library etc. I am going to carry less cash than I normally do and use my debit card for groceries rather than carry that much cash. Also, instead of totaling up my grocery receipts monthly like I normally do, I am going to do it as often as I go and try to hold it to under $600 for 7/27-the end of August for 8 plus the constant stream of other visitors (like my parents and my other brother-so often dinner will be for 12!). Right now we spend around $300 a month for 3 people with nearly all organics and a lot of guests. Some of that attention to organics will be trimmed carefully or else I will spend far too much. We have already planned to spend on some needed items- school clothes for my niece and nephew for example and on some items that will help the kids (who have had a hard time recently) have some fun and start to feel acclimated to Seattle- swimming passes, cheap baseball tickets, fun baking projects, camping reservations.
post #6 of 1106
i'm sarah, SAHM to dd(2).

i need to save because we currently don't make enough to pay our bills. my il-laws are loaning us money each month but august is the last month. dh is hoping to get a promotion in august or september so that should fix it so we can at least pay our own bills (hoping for late july, though). i also want to speed up paying off my student loan.

my plan is to track grooceries as well as non-essentials because: we eat organic, i tend to buy stuff on sale, and i eat when stressed so i add to our grocery bill buying unnecessary food. i will be getting better about this because i'm finally starting to admit to myself that i feel like crap when i eat any chocolate (i think i'm allergic).

i will be taking dd to petting zoo/pony rides 1x this month so i'm stating up front i'm budgeting 20 for that day.

frugal plan:

go to ap/crunchy/homeschool playgroups within 30 minutes of our house
continue hang/rack drying clothes
keep using fans instead of a/c as much as possible
keep a/c at at least 80 when in use
stick to grocery list!
finally make some family cloth (this was on july's list too : )
sell more stuff on ebay

sarah
post #7 of 1106
I am joining for August!

1. My name is Eryn and I am married and have a miracle child who is 10!

2. I want to move back to my home state and to be able to afford the house I want. In order to do that we have to pay down a lot of debt that I racked up because of my spending habits.

3. My plan is to come on here everyday and hold my self accountable for what I spend. When I started on the July thread I would have never imagined how much posting would help me with my spending habits! Thanks mama's!
post #8 of 1106
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

We're a family of four. Me, hubby, 4 1/2 year old daughter and 2 1/2 year old son. We live in the San Francisco Bay Area.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

We are going to be cutting $35,000 -$50,000 from our yearly budget due to an exciting job change for my husband. While this has the oppertunity to be very financially beneficial in the long run, in the short term, it means a loss of income for now. This means we need to cut all frivilous spending.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

I plan to stay out of stores unless I have a specific, and real need, there.

When I do shop, it will be with a list, and I'll get only what is on the list.

We will only eat out once a week. Otherwise I will do a kick ass job of menu planning and packing snacks and lunches when we are on the go!
post #9 of 1106
I'm cheating--I'm basically C&P from July because my reasons are the same!!!I've edited as necessary!! Let's hope I do MUCH better than last month!!:



1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
Hi! I'm Susan, we've recently moved to O'ahu and DH is active duty and has recently deployed until next summer. (though I might be able to see him for a bit in October!)

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.
1-I need to save money for home repairs instead of stressing out over every little repair (including regular maintenance).
2-I want to pay off our credit card debt. We don't have that much but I still hate it.
3-Get said C/C's paid off and start Roth IRA for me since I don't work outside the home. Also save for travel, we want to go to either Rome or Japan next summer/fall.
4-Finally and most important, to get outselves out of the paycheck to paycheck habit that has plagued us our whole marriage. I want to stop wasting money on fast food and junk. We make good money but basically squander it away.


3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?
--avoid the mall, Walmart and gulp...Goodwill too!!
--avoid online shopping unless it is a "NEED" and then only if I can find free shipping or coupons to go with it, LOL.
--create a meal plan to avoid runs to the minimart or Walmart
--Stay strong against impulse buys!!!


(I personally do not like Walmart but the grocery stores here are nuts for personal care products, which is what I am usually picking up at Walmart!)
post #10 of 1106
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

Howdy, I'm Jenny, a SAHM to one wacky 3.5 year old little girl.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

Because I have still not broken the spending addiction. I want to be in control of shopping impulses. I will be doing this every month until it's a habit.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

*Stop shopping for recreation.
*Track grocery spending more closely.
*Only go out to eat when my husband insists on it.
post #11 of 1106
Quote:
Originally Posted by Crunchy*VT*Mom View Post
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
I'm Ann. DH and I have 4 kids, and we recently moved out to the country.

Quote:
2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.
First off, my goal is merely to spend significantly less this month, not cut it to zero. I would like to cut back this month because moving and doing a few home improvements was expensive. We dipped into our savings more than I wanted to, and I need to replentish our savings account. We don't have any debt other than our mortgage, and I intend to keep it that way.

Quote:
3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?
1. Cut back on eating out and takeout. We'll go out to eat or get takeout 1-2 times/week. I'd like to say once a week, but I just don't know if that's realistic for my family right now. For the past few weeks, I've been making more cuisine than just plain meals, which helps me not to feel deprived (but does add to the grocery bill).
2. Stay out of stores- like everyone else. Staying out of stores will also help me save $ and resources on gas, since we now live in the country and it's a 30 minute drive to large stores.
3. Plan more activities with my kids- hiking, going to the beach, etc. When it's hot, it's good for us to get out of the house and DO something- otherwise I want to drive around with the A/C on in the van and go shopping to stay cool (no A/C in the house- another reason we're trying to pad the savings account). It's better for me to spend a few bucks on admission to the city pool than it is for me to go to Target to cool off and spend $100 while I'm there.
post #12 of 1106
Hi, I'm Lindsay. DH is Chris. We have three kids - ages 5, 20 months, and 10 days! I am a recovering compulsive shopper (seriously) and have changed my ways *so* much already, but I still find myself spending small amounts of money here and there on things we could definitely live without.

I am on maternity leave for the entire month of August, and I can already see that it is going to be sooo tempting to go out shopping or doing other costly activities every day to avoid boredom. My DH and I have a goal to be completely out of debt (other than mortgage & vehicles) by January 1, so I really need to watch my spending for the rest of the year to help us accomplish this goal. (DH is hopeless, with all his expensive hobbies, but *I* want to do better myself.)

Here are my goals for the rest of July/August:
1. Only spend $150 on DS's school clothes. This is about $100 less than what I normally spend.
2. Only spend $100 on my back-to-work clothes. (I donated almost all of my prepregnancy clothes, so I'll need a few things when I return to work September 2.)
3. NO other Internet purchases besides the clothes mentioned above.
4. Stay out of the stores! Only ONE grocery/household shopping trip each week, and stick to my list very carefully.
5. Get back to more detailed meal planning to help with my grocery bill.
6. We're only eating out in a restaurant once a week, and take-out once a week. (This is drastically less than we have been doing.)

I think that should do it for me. I hope I can stick to this!
post #13 of 1106
Quote:
Originally Posted by Crunchy*VT*Mom View Post
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
Helllooo. I'm Rose, I have a 1 3/4 year old and a 2 1/2 month old. My partner Jason and I both work; about 40 hours a week for him and 28 to 35 hours a week for me.

Quote:
Originally Posted by Crunchy*VT*Mom View Post
2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.
The reason is two-fold. Jason was just laid off from his main job (construction) as well as his side job (restaurant work). He is interviewing right now and we are very confident he will start work on Monday, but I want to make sure that we are going to be okay. The other reason is that I want us to be out of debt by the start of the year so that we can start saving for our WEDDING!!

Quote:
Originally Posted by Crunchy*VT*Mom View Post
3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?
I am planning on cutting up my credit cards on July 31st. I am not going to Wal-Mart anymore. If I desperately need something there, I will send a friend with a list. We will go to Costco once this month, with two crisp $100 bills. That will be all that we will spend there. We will also meal plan and make sure that each week we are eating a few meals that are lower cost foods. I will also dutifully report every darn penny to you ladies.
post #14 of 1106
I could really use some support at this point, so I am glad I found this thread.
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
I'm Rebecca sahm to dd(1.5 years old) with 1 on the way in October. My dh works full time and is raking in overtime right now as a carpenter. He also works a lot of side jobs refinishing peoples homes and building furniture.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.
~We just bought a house and are moving in this weekend and the mortgage is a lot bigger than our last, so I need to work out a new budget with that and new utilities.
~Our car broke down a few days ago and it is the transmission, so we need to put some $ aside for a down payment on a new one for next summer and fix the current one as inexpensively as possible
~We've been eating out a lot while getting ready to move and this has got to stop. We also need to restock pretty much everything once we get into the new house.
~My sis is getting married in October and I am hosting the shower and I need to save up some more for that, the tux rental for dh, their gifts, etc.
~New baby coming in October

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?
~Use cloth diapers on dd 100% of the time. I've been slacking a lot lately because we've been so busy.
~Plan my meals ahead of time and make them during dd's nap
~eat out less
~stop the mdc co-ops
~only use the home depot gift cards we have and not go buy a bunch of stuff for the new house.
~watch the leaving on of lights/computers because we will no longer be on the budget plan and will be paying in full every month

I think that about covers it.
post #15 of 1106
I really need to join you all.

1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

I'm a sahm to three kiddos (dd10, dd4 & ds8 months) and dh is a sous chef. We just moved from Texas to NY which is a lot more expensive, so even though dh makes significantly more here, we're still not making as much as we need to pay off debt and save.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

--We're moving into a new house next week (currently living with my inlaws) and we'll need to stick to a strict budget to afford all the moving expenses.
--We want to own a house one day, and we need to improve our credit and save a down payment in order to achieve this goal.
--We are sick of living from paycheck to paycheck and stressing out over bills, and I know that part of our problem is that we spend too much on things we don't really need.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

--No eating out or fast food, period.
--Make a menu and grocery list and stick to it.
--Cloth diaper full time.
--Line dry at least 90% of the time.
--Stay home as much as possible.
--Keep a/c use to a minimum.
--Buy NOTHING online.
--Record every single purchase for the entire month.
--NO unnecessary spending at all.
Big goals! I hope I can stay motivated.
post #16 of 1106
I'm going to take the plunge!

1. Hi everyone, my name is Amber. I've been lurking for a long time, and I'm finally ready to try a no spending challenge. I'm a sahm to two girls, Maddison and Arwen (4.5 and 3.5) and Finn, our first boy who is a month old

2. I need to do this because I think I have a shopping problem. We all know the little stuff adds up and I 'treat myself' far too often. Well, almost daily. We have quite a bit of medical debt, and because of a complicated pregnancy I had to drop out of school, leaving me to foot the bill previously covered by financial aid. So to get back to school next fall, I need to pay off that bill. I am tired of being stressed about money and I think this will help me.

3. My plan:
No daily trips to get coffee or other junky foods
No eating out
Cook all of our meals at home
Make a list, and stick to it
No unnecessary shopping trips
Find fun and free things to keep the girls busy
Think before I buy - especially cloth diapers for Finn
post #17 of 1106
1. My name is Kim; our family includes DH, DD (3.5) + DS (10 mo.). I am PT sahm/PT wahm/PT wohm for a nonprofit; kiddos are with DH when I go to the office, so our schedules are pretty full. Joined the June no-spend and did relatively well; July...not so much; hopefully August will be an improvement.

2. We recently bought another house, and I want to quickly erase the HELOC used on our first house (renting out) to meet downpayment. Also, will be working a lot for the next few weeks; things will relax after a big event in August. More work = more stress = less time...resulting in buying more "quick" (i.e. expensive) food, "treating" myself for working so much, buying stuff for kids out of guilt b/c I will be working too much.

3. Game plan:
* Be aware of work/spend cycle and try to mitigate
* Stay OUT of Target
* No more McD (perhaps I should pull up nutritional info. on my fries + "strawberry" shake...)
* Minimize trips to the Co-op; our grocery budget will thank me
* Try a waiting period for purchases
* Work out a meal plan + try to stick to it a majority of the time
* Pack snacks + water whenever we go out

GOALS:
* Less than $200 in frivolous spending
* At least 20 days (no spending or spending within established parameters - necessary, in budget, or unavoidable)

Good luck everyone!!!!!!!!!

Kim
post #18 of 1106
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

I'm Tiffany, a long-time lurker. I'm a young mom to my 15 month old son. I'm living off student loans and plan to for the next four years until my degree is done. I love couponing and saving money

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

I've officially stocked myself up on "good deals" and would really like to stop and just use the stock now. I also always seem to spend way too much in the first two weeks of the month, and then have to stretch my dollars for the last two weeks. It's frustrating.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

I'm not trying to cut ALL unnecessary spending, but I do want to cut the spending that I won't miss once it's gone. As a single mom that rarely gets out of the house, I will allow a small entertainment budget for going to a movie or out for coffee. But I need to cut all the other 'extras' - junk food, Starbucks, random toys for ds, and all those other things that eat up my budget. I need to focus on "DOING rather than SPENDING"!

I'm a bit worried that I'm going to post this and then ignore it completely. : I've known for a while now that I need to slow down on the spending, but I've resisted anyways. Here's to actually not spending in August!
post #19 of 1106
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

My name is Pam. I'm a SAHW/childcare provider for my friend. We are currently childless but are TTC.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

We are not in debt and do live within our means. We are able to save a good bit of money every month. I'm sure most people would be more than happy with this situation, yet I still feel like we waste money. Our recurring expenses are high, so I just want to reduce the money we waste. I'd also like to adjust our spending so that when we (hopefully) get pregnant we will be spending what we do now so that we can continue to save what we do now.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

I won't be no spending, just reduced spending. For that my goals are:

~Eat out a maximum of 4 times a month and/or once a week. Right now DH is out of town on business during the week and comes home on the weekends, so I've resorted to eating out all weekend to maximize my time with him. Instead, I will buy convenience foods(I know, not healthy but it's the weekend!) for when he is home so that I can still spend time with him and save some money

~No buying clothes unless using gift cards I already have. I don't spend a lot on clothes but I don't need to spend anything- I have plenty. I haven't bought any in over a month, though.

~Utilizing what free activities that we have access to. We already do this but we could do it more-we have nice tennis equipment and free tennis court access, free movies on base, a free seaworld pass, and year passes to the zoo. I also make sure to bring drinks and snacks to the zoo so we don't waste money on that.

We bought the tennis equipment last month as an anniversary gift to each other this month, so no more money will be spent on that. I won't put a limit on my DH's birthday gift because he always spoils me on mine and rarely spends money on himself. I can't imagine him wanting anything terribly expensive, though.

Whew, that was longer than I thought! Good luck all!
post #20 of 1106
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

My name is Carla and this will be my third month. I am a SAHM to 2 great kids (although I am babysitting 4 kids over the summer. Please hurry up, September!!).

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of August. Memorize these goals and recite them to yourself before all purchases.

We are trying to save our money so we can buy a house with cash. We are on track for saving, but I know we can do better. Our biggest challenge, DH works part time at a grocery store and we are living on very, very little.

3. No spending is hard work. You need a plan. Please tell us your game plan -- how do you plan to approach no spending for a month?

I am going to plan what I buy. We have a family reunion in August so we will have to travel. I will also take this opportunity to do some bulk shopping and buy things more cheaply than I get things here. I will also be drawn in by back to school sales (my favorite!!). I will set a budget for the things we need, some things we want and try to control things a bit better. Oh and I need shoes (as in I NEED shoes before I am walking on bare ground, lol!) so if a good sale comes up, I have to take advantage

Food is also becoming a pit for us since doubling the mouths we feed (which is barely covered by my babysitting money). I will try to plan what we eat (meal plan) and be more frugal when it comes to food. Other than travel, I want to stop the eating out.

I can't think of much else. If I don't post days at a time, don't worry. I'll be back hopefully with tales of victory! I don't intend to go no spend, just smart spend!
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Frugality & Finances
Mothering › Mothering Forums › Natural Living › The Mindful Home › Frugality & Finances › August No-Spend Challenge -- Congratulations no-spenders!!!! You made it to the end!