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**August No Spend Challenge** - We are in the home stretch...you can do it!! - Page 2

post #21 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

Hello, I'm Renee. I am a sahm of 2 girls. I quit my job last August to be at home when I had the new baby (previously worked from home, then back at the office part time). We have acquired over $25,000 in debt over this last year. : I am not the culprit (my dh is a spender) but I want to try to overcompensate for his spending. I grew up very poor and don't want to live that way, my DH says that would never happen but um he has never been there.

2. 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 really good about not buying things we don't need already. In addition, I plan to make a lot more of scratch foods and buy less at grocery. Yesterday I learned how to make flour tortillas (we eat a lot of these), I plan to use my garden to full potential and can tomatoes, make jellies,etc. Also utilize farms bulk sales to can veggies for winter time. Make hubbies lunches everyday. I need advice on how to get him to stop little expenses everyday. Peanuts, drinks, lunch out (he forgets I make him lunch-erg)


3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?

My goal is to spend less on electricity, water, food, and gas. I'm thinking I can commit to 20 no-spend days. We'll see what happens!
post #22 of 484
Quote:
I just have to say WOW! PP must make a whole lot more than we do to be saving $1000 or $2000 a month!
Like LunaMama, my husband doesn't work 12 months out of the year. He is a teacher and we have to put a huge chunk of money into savings each month to cover us for those summer months when he is not working.
post #23 of 484
Thread Starter 
Quote:
Originally Posted by Daizynee View Post
Do we take DH spending into consideration here? or is this just personal/household spending???
This challenge is for you. Most of us (not all) only track our own spending.

I know that if I had to take into consideration all that my DH spent I would be in a huge big hole. However, when I agree to something (like if DH suggests a coffee break and I agree) then I count that toward my spending (since I do have the ability to say no )

Do what you think will help YOU succeed!
post #24 of 484
I'm joining in! Hi I'm Alison, I have recently become a single mom that was left in a financial bind! I have no savings, so I am up for the challenge!


2. 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 be very mindful of what I spend money on, focus on the essentials. Cook what I have available in the pantry, trim down the grocery bill. Have a plan /list when I go to the store and stick to it! Cut down on unesscessary trips to the store for 1 or 2 items, less trips to the store = less temptation & less gas used!


3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?

20 no spend days...set aside some savings each month....stick to a budget every month!
post #25 of 484
Hello all! DH and I have agreed to no-spend for August. He does get $20 for fast food and we've agreed to be able to eat out 3 times (if we want), but other than that- no eating out, no buying stuff.

We hope to have at LEAST an extra $500 by the end of August for CC debt. He has a great new job offer, but I'll be taking a HUGE pay cut, so we need to reduce our debt and learn to cut back in life.

I don't know if I'll report in every day, but I'll drop in here and there to report. Hopefully I'll have no spending to announce!

Also, if you're into blogs, Crunchy Chicken announced a Buy Nothing in August challenge on her blog, so that's just another way to be held accountable.
post #26 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

Hello Im here again! Im Heather, a SAHM with a 18 month old DD and one due in November. My husband is a Marine and we are currently living in Japan. We really want to get out of debt before the baby comes and that means paying off the car in the states and the two over here. We also decided recently for our combined Christmas/birthday presents for all of us (DD, the two of us and the baby) that we would take a trip to Tokyo for 14 days. This would be the first family vacation we have taken since I was 6 months pregnant with DD. It does mean we would have to save up a lot for it (its going to cost between 5000-6000 for everything including spending money/food etc).


2. 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?

Not spend on unnecessary items. Keep to a budget. I want to try a spending fast but I would have to get DH in on it.

3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?

20/31 No Spend Days
25/31 No Drive Days
No more than 200.00 in new baby purchases (its diapers and carseat on the list this month)
Pay 1500 on the car in the states
20/31 organization days (we move in October)
20/31 Exercise days
25/31 Pack a lunch/snacks days
31/31 No fast food (really want to keep away from fast food this month)
Make 200 on selling things we don't need/want anymore
300.00 or less on groceries/household items

Seems like a lot but it really isn't. I barely go anywhere since the vans transmission is shot and it costs more to fix it than replace it. I do really have to get stuff ready for the new baby though since all I have is some diapers, a couple of outfits, 3 carriers and a bouncy seat. Im starting my 3rd trimester next week so I really have to pick it up with the baby items.
post #27 of 484
Quote:
Originally Posted by Daizynee View Post
Do we take DH spending into consideration here? or is this just personal/household spending???
Welcome!

I only report my spending here but I record hubby's purchases in a seperate spreadsheet. He's definitely not a frivolous spender but occasionally does not spend wisely. It's easier for me to get him on board when I say "Honey, you spent xx.xx on (insert your husband's vice here) last week alone, you need to reign it in" instead of just "you spend too much on (insert vice)!!!"

Good luck!!!
post #28 of 484
Hello!

This will be my fourth month doing the no-spend challenge. I started because we have a new baby coming (due in two weeks) and I really wanted to save as much as possible. We saved more then I have planned, which is great!

I feel off the wagon a tiny bit last month and did not bring my lunch to work every day, but for the most part I spent very little out of budget. I'm a super busy working full time plus and student mom, so to be honest, I don't get a lot of time to spend.

Here's my reasons for needing this in August: I'm used to having no free time AT ALL (in other words, no time to spend, really). However, in just a few weeks I'm going to have a lot of time and I think I'm going to need this thread to make sure that I don't go get food out just because I'm bored, or go buy a pair of shoes because I have time to look at them now . . .

Lastly, even though I started saving significantly specifically to prepare for the baby, it's been so satisfying that I want to continue on with it. My ultimate goal is not to obliterate the baby savings while on leave, but to actually add to it.

Good luck to everyone!

p.s. August first will not be a no-spend day, however, because I have budgeted myself a celebration lunch because tomorrow is my last day of finals and I'm taking friday off!!!
post #29 of 484
This will be my 1st anniversary here ::! I REALLY need to tighten up in August! I have alot to save for so I need to start NOW!!

I am a SAHM to a 4 year old dd and a 2 year old ds,
We have home renovations approaching, cc debt, student debt, and car payments, a vacation, and Christmas.. Not easy with one income so I have to keep more control of our money and where it goes! I really want to see our savings account #'s go waaay up!

My goals this month are:
Start individual savings for swim, Disneyland and a new car fund..
compact!
only 2 co-op this month!!
Start throwing in a little $ money to dh's truck payment!
Save, Save, Save!
declutter and simplify
Garage sale!


August Spending Goals:
No Spend days: 20/31
No etsy/DS/ebay: 25/31
Non-necessary Spending: <350

August Savings Goals:
Disneyland: 0/300
Swim: 0/250
Car: 0/100
post #30 of 484
Ok, I'm back to post my plan & goals...

1. My name is Jen I am a SAHM to dd6,ds2---my husband is self employed so trying to budget has always been a little tricky for me---I've just started to use Quicken so I am becoming more aware of all the little things that really add up and want to trim the 'wants' as opposed to the needs.
2. Game Plan
a. Buy only one Iced Coffee a week ( I LOVE coffee )
b. $500/groceries
c. At least 3 no drive days per week
d. Bring snacks & H2O whereever we go
e. Make a meal plan & stick to it---eat from the freezer & pantry
3.Goals
-start savings for winter when Dh work slows a little
- we have a few smaller debts ($1500) hopefully pay off at least 1 by the
end of August.
I have decided to make Friday my day to post my weekly tallies.
Let's have a great month!
post #31 of 484
Quote:
a. Buy only one Iced Coffee a week ( I LOVE coffee )
Oh me too. I still haven't been able to give this up. But it is an expensive habit and I wish I could.

bumping us up because I'm fired up about starting with a clean slate this month.

post #32 of 484
Filled the van with gas and the fridge with food today, so we are set for a good start to August.

I do have some things that I will be spending on this month, planned and budgeted for: $140 or so for dd's school uniforms (went slightly bigger in size so they can last longer), $100 or so on a Shaklee order (we've been out for a while and this will last us 3+ months). I thought there was something else, but it can't be too important if I can't even remember it!
post #33 of 484
[QUOTE=CityChic;11808151]1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

Hi! I'm Betsy, and I'm back to give No-Spend another try. I like doing the No-Spends because they make me feel empowered, but I am erratic because life gets crazy. Hopefully things will be calmer and I can keep up w/ my goals. I need to rein-in my spending... July was stupid from a financial standpoint and left me feeling icky:. I want to get back on track.

2. 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 going to try using my usual pre-set goals for each category, but I think I'll need to make some adjustments as I see how gas/price increases impact my budget. Mostly, I'll just aim for my 2 no-spend days each week. Just doing that makes me pay more attention to everything I do financially.

3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?[QUOTE]

My goal is to have 2 no-spend days each week, and to have at least a little $ left over at the end of the month (something that definitely did not happen in July!)


Groceries: $460
Gas: $400
Dining/Ent.:$120
Household: $150
No-spend Days: wk1- /2, wk2- /2, wk3- /2, wk4- /2
When I did up my estimate for gas I thought I'd gotten my math wrong... the amt was so large, but there's no mistake.
post #34 of 484
Quote:
Originally Posted by OkiMom View Post
1 We also decided recently for our combined Christmas/birthday presents for all of us (DD, the two of us and the baby) that we would take a trip to Tokyo for 14 days. This would be the first family vacation we have taken since I was 6 months pregnant with DD. It does mean we would have to save up a lot for it (its going to cost between 5000-6000 for everything including spending money/food etc).


If you are going to Tokyo, have you checked out the possibility of staying at the New Sanno hotel? It's military only, VERY nice and quite a lot cheaper than the usual Tokyo hotel. Also, would you fly commercially or take military hops? Flying Space "A" can save you a bunch if you have the flexibility. We used to be stationed in Japan, and I took my kids back last March for a visit (we flew Space A to get there). Feel free to ask me any questions!
post #35 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

Hi! I am new here, and this sounded just up my alley. We are a family of four with a 5 yo and 1 yo. We have too much credit card debt and have made a resolution to pay it down. Therefore, no spending is perfect.

2. 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?
3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?

*No eating out at all. We have a menu plan planned for each week of the month and will buy groceries weekly.
*$75 a week on groceries.
*$100 into savings a month.
*No unnecessary driving.

All money saved this pay period will get put into paying a lump sum on our Capital One card. We want to have it paid off by next month. Next pay perios (Aug 15-31) we shall do the same thing.
post #36 of 484
Quote:
Originally Posted by umarider View Post
If you are going to Tokyo, have you checked out the possibility of staying at the New Sanno hotel? It's military only, VERY nice and quite a lot cheaper than the usual Tokyo hotel. Also, would you fly commercially or take military hops? Flying Space "A" can save you a bunch if you have the flexibility. We used to be stationed in Japan, and I took my kids back last March for a visit (we flew Space A to get there). Feel free to ask me any questions!
We are going to stay at the New Sanno.. If they don't have rooms then we won't go (can't afford a Japanese hotel). I haven't been yet but all my friends told me its a really nice place and at 66.00 a night you can't beat it. I thought about flying Space A but it will be at the end of the Christmas rush so Im worried coming back might be a problem. We are debating it right now because plane tickets are 2000 and thats a lot more than I had planned on spending.
post #37 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

I'm Jenny, mama to one lovely 4.5 year old daughter. I am newly pregnant so let's just add that onto the pile of reasons I need to spend less.

2. 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?

*Stay out of the stores
*Find fun things to do close to home
*Keep canning our garden's surplus. Being productive makes me spend less.

3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?
20 No Spend Days
No more than $100 in unnecessary spending.
Track groceries and other expenses more closely.

Previous No-Spend Challenges:
March $357.xx in unnecessary spending
April $180.xx
May $122.xx
June $70.37
July $117.98
post #38 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.

I am working on paying down credit card debt, and have other goals to safe for as well. We'll likely be moving 6-9 months from now, and we need to be financially ready. And I feel better when I don't spend unnecessarily.

2. 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?

My major problems are thrift shopping and online shopping. I plan to make specific goals to address those things, as well as my non-essential spending goals.

3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?
*$40/week non-essential spending
*No more than 2 thrift shopping trips per week
*No more than 1 online purchase for the month
*Pay at least $700 towards credit cards

Previous No-Spend Challenges:
July:
$231.70/$180 total non-essential spending
$700.24/$700 to credit cards
14/5 thrift trips
post #39 of 484
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of August.
We have an $800/mo shortfall in our budget due to overspending on some home renovations. They were necessary, but we underestimated how much it would all cost.

2. 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?
Game plan part 1 = pray! Game plan part 2 = cut luxuries like eating out and frivolous purchases just because I "want it." Also, I was going to paint and update my DD's bathroom and the master bedroom, but that will have to be put on hold until later. Also, I work from home doing writing and some admin. I'm going to look for extra projects.

3. Be specific! What are your goals? How many no spend days is right for you? Do you have a savings goal? Debt repayment goal?

We want to stay out of credit card debt. That simple. No spending that would result in our inability to pay off the bill each month.
post #40 of 484
i'm sarah, sahm/wahm (paper route) to dd3. we are getting ready to move to another state to lower our expenses. also, we currently get money from my inlaws every month to get by.

plans are:
*look into moving somewhere cheaper (hubby will have to transfer)
*eat out of freezer (since we couldn't move it anyway)
*try to only have tv on if someone is actually watching it
*place extra furmiture/household for sale or freecycle
*leave dryer and washer unplugged when not in use
*continue to hang/rack dry most laundry
*try to use a/c less

(no spend) 20/31
(budgeted, unnecessary) 8/31
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