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November No-Spend Challenge ~ Come check in, it's time to get started saving money! - Page 3

post #41 of 1133
1. I'm Momaste. My family includes DH and our 2 year old little boy. I am a full time college student, part time nanny, and part time employee for our family business, as well as SAHM. (MIL watches DS while I'm at school. He comes with me when I nanny and I work for the family business from home.)

2. We've been trying for a second child for 10 months with no luck, and I'm expecting to have fertility related medical expenses in the near future if it doesn't change. I've got to save up for that. Plus, I want to pay down our business debt. We have no personal debt, but the business debt makes saving difficult.

3. Game plan:
* Bring in an extra $500 in November
* Participate in the Pantry Plan, except for milk, eggs, and Thanksgiving food.
* Eating out only 2 times this month. NO vending machines, fast food, or school cafeteria.

GOALS:
* Stay within budget!: 0/31
* Less than $200 in frivolous spending: month to date $0
* At least 20 days (no spend or spending w/in budget): 0/31
* Pack school lunch every day: 0/9
* NO library fines: month to date $0
* Stay within grocery budget (includes Thanksgiving): $0/$300
post #42 of 1133

Yay November

Joining again for the second month. I am married and have a beautiful 10 month old baby boy.

We want to save money for retirement, a house and DS education.

My plan:
check in here everyday
15 no spend days
no more than 2 meals out/week (8)
use the zoo, aquarium and playplace memberships we have
max $400 in groceries
max $300 in household expenses
support my fellow no-spenders
post #43 of 1133
I am Megan, mom to August and Clay. Living in NYC and trying to stay afloat! We make enough to cover everything but want to build some savings and pay off some debt. We need to spend less money on food - my lesson from last month and continue to be really good about other spending. Holidays are upon us and we need to kept costs down during this time. My MIL is coming and she LOVES to contribute nothing to the food budget and make all sorts of demands for odd food items so this will be an additional challenge!

My goals:

Spend only $650 on food/household (down from $800) 0/$650
Kept Misc Spending under $250 (includes buying any gifts for several people) 0/$250
Spend only in budget (basic bills, $40 metrocard, $50 laundry, $40 for fun, etc.)
Pay another $400 into savings account
Pay another $600 on the debt
post #44 of 1133
I'm Claire, wahm to 2 girls. I'm not a big shopper, but I am not good at budgeting and that needs to change.

We almost have cc debt paid off (waiting on dh to get reimbursed for a couple purchases) and want to keep it that way! Also, we have a new-to-us car payment that has taken out any wiggle room in our budget.

The plan:
Only ONE stock-up trip to Costco
Make a weekly meal plan and stick to the grocery list
Groceries once a week only ($75 or less, not incl weekly CSA) 0/4
Thanksgiving food goes under weekly food budget
Fill gas once a week only on grocery day 0/4
Record each purchase to track spending
Pack snacks and water every time we get in the car
Non-essential spending for me: limit $50
DD1 Birthday: limit $120
Give DH cash for the month for gasoline and fun money

Make list of Christmas 'giftees' and create budget. Think of homemade possibilities.
post #45 of 1133
I really need to commit to this. Last month I tried but it did not go so well. But we signed the papers for the condo today, first payment due December 1st. Yikes, I really need to get things under control. I have a fussy baby to put to bed now.
post #46 of 1133
Hi there,

My name is Kim, and I am the mama to one sweet little seven month old boy. I have been spending waaaaaaayyyyy beyond my means, and I have frittered away thousands of dollars in the past few months. I cashed in my retirement account in order to stay home with DS for as long as I can, and now it is almost gone. It was $20,000... gulp...

Ok, so got that out of the way. I do work, but I only make $5 an hour for about 40 hours a week with no taxes taken out. I then work 7 hours a week at $10 an hour with taxes taken out. I really do not make much money at all. I am a single mama, and I need to make those dollars stretch as far as I possibly can. I also want to teach my son that we don't need so much "stuff". I know he doesn't understand right now, but I figure if I can get a handle on it now, I can really start to teach him how to manage his finances when he is able to grasp the concept of money.

My game plan is to do no more coops for the month of November (not going to think past November just yet...living in the now). I am going to stop buying iced coffee/lattes at my lunch time meetups with the mamas of my daycare babes. I am going to eat out of my pantry/cupboards rather than buying more. I am going to make Christmas presents and gift bags rather than buying other people more stuff and wasting wrapping paper. I am not going to buy anything more at the store that I work at for the month of November. (natural baby clothes/cloth diapers store) No eating out with friends for a month. I know this sounds pretty strict, but I feel so guilty every time I do any of these things. I think I would feel so cleansed if I skipped these all for a month. Who knows where it could lead!

ETA: I need to put this plan into a more user friendly format for my own sanity.

No iced coffees/lattes when at mama lunches 0/30
No extra groceries beyond necessities $0
Christmas presents that are homemade total count 0
Shopping at work purchases $0
Eating lunch/dinner out $0
post #47 of 1133
Subbing. Be back later.
post #48 of 1133
Quote:
Originally Posted by frog View Post
mysticpi, those swimmers aren't cheap. turtle and I have been down that road, as well. PM me if you want to talk.
Thanks frog!! I have been reading the queer parenting forum too. I havwen't looked into specific numbers yet, too scary!

Quote:
Originally Posted by michelle524 View Post
When we had money, all extra went to savings. I'd pay the bills, see what was left in the checking account and transfer all but the spending money we'd need until next payday into savings.

This is only my first month with a budget, so I haven't figured out how to do extras. What I did this month was list all the necessities and the amounts for them, then divide the remainder into the more "flexible" categories (entertainment, eating out). So, if I needed to buy shoes this month, I guess I'd give myself an amount to spend and then lower one of my extras. Or I'd buy it with my mad money, if that was feasible.
Thank you Michelle. I like putting all extra into savings but i'm wondering if I should set myself an amount so I feel like I accomplished my goal. And also so that the money is not there for us to go spend it!!

I think before setting a figure I will have to see how much I can realistically save per month but I'm impatient!
post #49 of 1133
Almost 50 posts already...man these threads are popular

I am in again for November. October started out not too badly, but kind of went downhill towards the end. I am ready to start again.

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

My name is Kristine and I am Mom to two girls with another surprise on the way in January. I work outside the home, but will going on maternity leave in January and will be off for a year.

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

I am going to be off work very soon for another year after only having been back at work for 6 months so we really need to control our spending. We have worked hard to better organize our money/spending and I really want to keep that up.

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?

a) Pay all bills as soon as they arrive
b) Stick to our budget
c) set realistic goals for no spending/take out days and stick to them


November Goals:

No Spend Days: 0/10
No Restaurant/Take-out Days: 0/20

I have done quite a bit of Christmas shopping, but I am planning on doing the rest this month. I am planning making up a list of gifts we still need, assigning spend amounts and sticking to it.
post #50 of 1133
I just got paid today for the next month, and I am thinking of posting my entire budget here so it will be in print and y'all can help me stick to it. Would that be too much? Does anyone else do that?
post #51 of 1133
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
I'm Mavournin. SAHM to 3 kids. Dd 6, Ds1 almost 4, and Ds2 7months.

2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of November. Memorize these goals and recite them to yourself before all purchases.
Dh got a signnificant payraise this year, but we still seem to never have enough. Part of this is due to the payments on our new minivan (necessitated by the new baby) and too much eating out. Cutting back on gas useage isn't really possible because I drive my Dd to school everyday and it's 24 miles round trip. ::sigh::

We also just don't really need anything. Our house is stuffed to the gills and we need to clean out, not add to it. But the biggest thing is that Dh and I started marriage counseling last night. It is not covered by insurance and is hella expensive. Our therapist is great but says that progress is harder to come by if we don't come every week. As it stands now, we can only squeeze out going every two weeks. I'm hoping that by really curbing the spending we can come up with the extra $$$ to go every week. Oh, and oops! we have a tuition bill for Dd's school this month.

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?

Grocery budget 0/$500
Follow the meal plan 0/20
No spend days 0/15
No credit cards 0/28 (need to use this for Dh's train pass & EZ pass payments)
No buying clothing. The kids don't need anything! 0/30
Eat out/take out 0/2
Kid's birthday party budget 0/$50
Dh's birthday budget 0/$25

0 = frivolous spending
0 = money saved

I think the only thing that gives me hope is that we are expecting a homeowner's rebate from the state anyday now. My goal is to pay for Christmas with that.

Okay! Here goes nothin'! :
post #52 of 1133
Quote:
Originally Posted by Mavournin View Post
I think the only thing that gives me hope is that we are expecting a homeowner's rebate from the state anyday now. My goal is to pay for Christmas with that.
Quoting myself...

It came! And it's more than double of last year's rebate!! Over $700!! I can pay for Christmas and pay some bills!!
post #53 of 1133
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.

Hi, I am Dani. I just joined MDC mid October and saw that thread, but waited to join this one so I can be in for the whole month. I am a part time nurse and full time mom to DS-Xavier who is 3 and DD-Devon who is 10 months. DH works full time but makes only half of what I bring home. We like our set up but until he can find a better paying job, we have to tighten our budget. We had to file bankruptcy this summer b/c of medical and cc bills that we could not get control over. We fill like we have a new start and want to be more responsible with our money from now on.

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

One of our biggest expenditures is eating out, when we have mealed planned. so we have already paid for a meal and end up buying something else. I also tend to buy lots of things for the kids, I usually buy used, but they really have no need and I need to stop. I actually need to get rid of clutter.

The reason we want to stop spending is to save more, we want to move and need savings for that. Also would like to get rid of student loans and pay our car off early. After that start saving for a down payment on a home.

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 stop taking my debit card with me when we go out. If I would take only cash I would stop spending on things I think we need or by eating out and budget my $25 a week more wisely.

#2 Start going through the kids things and trying to sell them to make us some money to take on our trip or to spend of Christmas gifts so that less will come from the budget.


groceries and household 0/450
eating out 0/80
DH spending 0/50
Me and kids spending 0/100
Christmas gifts for all 0/200 -- I took out some of my vacation pay for this
Thanksgiving trip coming out of savings 0/250
No spend days 0/15
Pay aunt off 0/100
Gas 0/100
No Drive days 0/10


I have a question when you mean no spend days does that just mean no frivolous spending or do you include bills as spending days?
post #54 of 1133
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
I am Victoria SAHM to two.

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

Because we just signed the papers to buy a condo and now housing bills make up a serious portion of our monthly spending. One good thing is that DH also got a pretty serious raise and that will cover about 50% of the increase in monthly mortgages.
Also, we REALLY need to figure out what we are spending and figure out a budget.

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?

*Put only a Frontier order and one other purchase on the CC this month (we pay it off in full, but I still need to get it under control).
*Make a bunch of freezer meals and have in the condo (and at our house) so that we have nourshing easy to eat food.
*Start making my Christmas presents now so that they are done.
*Work on de-clutering my house more to focus on simplifying not consuming.
post #55 of 1133
This is the budget I have laid out for November:

Post-tax paycheck: $3,347.41
To joint account: $2,000.00
To student loan: $257.60
To savings: $100.00
To charity: $50.00
Total after set expenses: $939.81

To Visa: $184.20
To Discover: $500.00

Total after credit payments: $255.61

Cash: $100.00
Christmas presents: $100.00

Total leftover: $55.61

However, I'm not happy with it. There isn't really enough for Christmas presents, and it seems dumb to pay $$ on my CC and then put plane tickets on it. But I'm not sure what else would be better.
post #56 of 1133

I'll join

We have no debt. Just need to save. Need to get emergency fund up to $8000 and then save for a house. Emergency fund is at about $2500 right now.

No eating out. No eating snacks out.

Otherwise if I actually need something, I won't consider it against the rules (clothes wise, don't have any fitting clothes being pp right now).

Grocery budget between $200 and $300 so I can stock up as not eating snacks or anything out.

Liz
post #57 of 1133
Hello, my name is Linda. I am married to Rob and we have to girls Lily who is 4 and Marissa who is 2. I have been watching this thread for a while and finally decided to jump in.

My husband and I certainly make enough money (well we should) but we spend like there is no tomorrow!!!!! We need to stop this NOW!!!! My DH works full time and I work part time and am a nursing student.

We need to stop spending on our credit cards on stuff we dont need and pay them off!

This month I am only going to take my debit card out with me. No using the credit card!!!!!!!!!!!!!!!
post #58 of 1133
Hi, my name is Erin and I have a spending problem. They say the hardest thing is admitting you have a problem and I just did!! My goals for Nov. are to stay within the budget that I am in the process of completing and use any extra money that comes in to fund our emergency fund. The one thing that I will find it hard not to spend money on is Thanksgiving. I love to cook and I have tons of new recipes that I really want to try, but I know that if I do that I'll spend WAY too much in groceries!!! I'm also going to try to not fall back on ordering pizza for DH if I don't feel like cooking dinner for whatever reason.
post #59 of 1133
Hi, I'm Iris' Mom, a single SAHM of 3 kids, age 17, 6 and 6 mos. Two years ago, I was a well-paid lawyer with a deadbeat husband. Then, I became disabled, and received private disability insurance until last month. I received my last payment 2 weeks ago, and now will be getting by on SSDI, which is 10% of my former salary. I took on my mortgage and most of my other debts when my income potential was much higher. I do have bipolar II, and in my hypomanic states, I tend to spend more than I should/need to. I am going through a divorce to a deadbeat who will wind up with half my meager assets and no income to pay me any child support. I cannot afford my home, but my dd is a senior, and I don't want to move her. I am withdrawing from my IRA to pay expenses, but want to stretch my money out as long as possible. I hope I can find a job.

My goal is to develop a reasonable but very tight budget. My problem is always getting overambitious, falling short of my goals, and giving up. I want to use this first month to get a sense of what I really need to spend, and try to stick with that going forward.

My plan is to limit all spending, besides paying off bills already incurred, to groceries, gas and Christmas shopping. I will eat out no more than 2x/month. I will limit X-Mas spending to no more than $300, for my kids, 5 nieces/nephews and mother.
post #60 of 1133
Quote:
1. Please introduce yourself and tell us anything you think it would help us to know about yourself.
I'm Lindsay, I'm married to a wonderful husband and we have a 3 month old baby girl. I live in Canada so I get a year's paid mat leave and my goal is to be able to be a SAHM or WAHM when mat leave is up, though I am looking into some flexible WOHM options, and may take a realtor course. I also used to play piano and may look into teaching piano, though I don't have one so I'd have to go to people's houses to do that (or save up and buy one).

Quote:
2. Please tell us why you have decided to spend nothing (or spend significantly less) for the Month of November. Memorize these goals and recite them to yourself before all purchases.
We have a ridiculous amount of debt, and though we haven't gone further into debt in years, we can't seem to dig our way out either, despite DH getting significant raises every year and me getting a better job before I got pregnant. Also, like I said above, I'd really like to be a SAHM or WAHM when my mat leave is up. Lastly, we bought a new car, and the car payments will be done in 3.5 years. We'd like to have our debt paid off and have something in savings for a down payment before that happens, but at the rate we're going, that isn't likely.

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?
Well, to be honest I really don't know where our money goes each month. We recently moved to a housing co-op and our rent is quite low for the area we live in. We don't smoke, drink (liquor or coffee), buy lottery tickets, go out much (especially since the baby was born), etc. The only entertainment money we spent in October was $30 for movie rentals. We do spend way too much on food (about $800 in October, including $100 eating out/ordering in), so I really want to cut that down as much as possible. That seems insane for two people. Our long term goal is to be spending less than $500 on food and gas together. (We spent $80 on gas in October but that included a 2 hour each way trip.) I think my biggest goal this month as someone suggested in the October thread is mostly to record my spending and keep track of where it is going. My mom is visiting for a week, and she loves to go to craft fairs. I can usually curb my own spending when it's just me or me and DH, but when I'm with her if I like something and don't buy it for myself, she tries to buy it for me and then I feel guilty. I think my game plan for the week she is here is to take out cash and let her know we're trying to save money and not to bring my debit or credit cards with me when we go out. She also likes to cook for us and always has these elaborate meals she wants to cook, and again I feel guilty if she buys everything for them. So we'll see how that goes...

I think for specific goals, I'm going to go with:
Eating out/Take out: $50
Food: I'd be happy to get this down to under $600 this month
Baby Stuff: (including diapers + breast pads) $100 (we CD/EC except at night, though I'd love to get some good nighttime CD's we just can't afford the upfront cost right now)
Christmas: $100 (I'm making presents this year so going to be buying them this month)
Miscellaneous: $100
Declutter and sell the few things we didn't get sold before we moved

I have no idea how realistic any of these goals are, I guess I'll find out pretty quick.
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