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~September No Spend Challenge~ Finishing Strong! - Page 3

post #41 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

My name is Kristina. For a long time now my husband and I have had the goal of paying off debt, saving, and eventually (within a year or two) saving up enough to afford the down payment on a house.
Although I am a SAHM, my husband makes more than enough money that we should have been out of debt with a positive savings YEARS ago. We live in a very inexpensive small house (for our area) don't drive new cars, and don't have tons of stuff. And yet we trudge along, STILL in debt, and only making a small amount of headway.
A few weeks ago we sat down and really looked at what were were spending: Waaaayyy to much on dining out and on alcohol, lots of little things that nickle and dime'd down our paycheck, and big splurges every few months (a new set of wood working tools for Aaron, a trip to another city to visit friends...)
We want to try being hyper-conscious of our spending. We've decided that we will not be dining out at all this month, with the exception of using a couple of gift cards, and one friends and family trip to the Farmers Market. We will not be drinking any beer and wine unless someone else brings it to our house (we often have community dinners). And we will not buy ANY unnecessary stuff.

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?


To quote Mad Eye Moody, "Constant Vigilance!" We know what we need to do: we have just been unwilling to step up to the plate and DO it in the past. We're starting by being super-accountable to one another and to ourselves. If I have the urge to buy something I'm going to tell Aaron right away and discuss it. And vice versa. If I feel like I can't get by another month without a pizza stone, or Aaron is certain he needs a rabbet plane, we will both be on board to really talk the other down and say, "NO. We don't need this. Is buying this now more important that buying our house? Because every little nonsense purchase we make is taking us farther and farther away from our future home."

I also need to REALLY get on top of the cooking. I love to cook, but as of late I have not been terribly consistent. Often times Aaron needs to buy lunch at work. If that happens three times a week (common) and he buys a snack every day then we've lost $150 for the month that could have easily gone into savings. That is $1800 over the course of a year: a LOT of money. Same goes for our evening meal or lunch: often times we go out because I've been to tired to cook, don't have anything ready, and nothing in the house is easy and quick to cook. One dinner out a week costs us $30, and a trip to the Farmers Market costs $20 for breakfast. If Denali and I have lunch out once a week it is $15. So we've been going through about $260 a month, or well over $3000 a year in dining expenses! Not good!
So between Aaron's snack and lunch, my lunch out with Denali, and our family dinner out and breakfast at the market we are eating away almost $5000 a year.
(Oh lord, I am in shock as I write this all out).



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?


As of this summer we were finally consumer debt free for the first time since we were seriously dating. Unfortunately right after we paid off the last credit card we decided I needed a different car and got a reasonably priced used wagon. Sadly it was about $1K over what we wanted to spend, and then needed about $2K in repairs, including its 90K service (which we thought had been done) and brand new tires. So that put us in debt another $3K, and then we managed to spend a bit more. Darn it!!!

*We have managed to pay off $2K of that, leaving us with $2K more. If all goes well it should be gone by the end of October.

* After that we have a mandatory Thanksgiving trip that we need to go on (no option not to go as it was my idea and the whole family is flying/driving in for it). We did the math last week and discovered that by driving we can save $900 over taking the train (we'd need a sleeper) or flying. So we'll brave an 18 hour one-way drive to make that happen in November. That will mean that we can pay off debt this month instead of acquiring MORE debt in order to pay for tickets.

*I am planning on making sure that Aaron has some kind of lunch every work day so that he doesn't need to spend $15 every day on lunch and snacks.

* We'll keep doing what we usually do for Denali's new clothes: buy used or shop the sales.

* We will be very careful about purchasing other items. Chances are we don't need them.
post #42 of 540
Thinking about my goals and my spending issues, I think my goal for this month needs to be a thrifting fast. 1 month without a thrifting trip. That's going to be really really hard, but I think I need to do it.

And I had to buy lunch today. Blah.

Sept 1:
Sept 2: $7 lunch
post #43 of 540
Hello!

This is my fifth month doing the no-spend challenge. My goals in the past month have been simple - save up money for the new baby. My goal this month is also simple - don't blow the entire savings while on maternity leave!

The baby is currently 2 weeks overdue. I've been spending more then I should to pass the time, but my September goal for saving is to use the time at home to relax, cook a lot, maybe take up a (cheap) craft, and just enjoy family time. Also, I plan to exercise a lot - a fun, free activity.

Good luck to all.
post #44 of 540
1: WOULD have been a no spend day . . . until we realized the car seat we had bought didn't fit and I had to go out and spend 31.84 on another one (luckily I had some gift cards).

Truly no spend
Budgeted or necessary spending
: Unnecessary spending
: Groceries
post #45 of 540
September 1st:
September 2nd

My DH got a speeding ticket today : I don't know how much it is yet, but I am going to be honest and admit that when I found out I was tempted to spend money on myself, you know, to "even it out" of sorts :

But I didn't. But I was seriously tempted, because I felt that him getting a speeding ticket was irresponsible, but then I realized that my spending money would also be.

But I am still mad about it, and cranky.
post #46 of 540
Thread Starter 
Quote:
Originally Posted by Bunnyflakes View Post
My DH got a speeding ticket today : I don't know how much it is yet, but I am going to be honest and admit that when I found out I was tempted to spend money on myself, you know, to "even it out" of sorts :

But I didn't. But I was seriously tempted, because I felt that him getting a speeding ticket was irresponsible, but then I realized that my spending money would also be.

But I am still mad about it, and cranky.
You did the right thing! (Now doesn't that feel good!)
post #47 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

My name is Amanda, I am mom to 6 1/2 month old : James. Me and my partner Steven have decided to do a no spend challenge for the month! We are doing it for a lot of reasons, and were inspired after my reading "Not Buying It" by Judith Levine. Reasons are as follows:
a) Our landlord is in arrears of his condo fees and we may have to move SOON and may have to hire a lawyer
b) We are moving to a small town next year so I can finish school and need savings to pay for tuition and in case DP doesn't find a job right away
c) DP would like to start his own business
d) I would like to buy some more camera equipment etc. for school (photojournalism) and possibly to do some freelancing once my mat leave payments stop
e) We are on virtually one income - I am on mat leave, which pays for all of mine and the babies things but not rent, bills, etc.
f) Of course, saving for Christmas is a concern. We are hoping to buy for a couple people a month though, so that will be the extra money that we usually put aside for things for ourselves.



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?

We are trying to spend only money on groceries. Our days are very busy, so I don't think it will be hard. We are pretty responsible and making it into a competition will help us stick to it! We have also come up with a budget which we both see as reasonable.



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?

a) Less than $400 per month on groceries
b) $25 per week in gas (dp car pools and only drives every other week, and I usually walk everywhere the week I have the car)
c) No eating out
d) Less than $100 on "extras" (baby clothes, our clothes, occasional treats, etc.)
e) One or two people's xmas gifts a month.
Savings goals = AS MUCH AS POSSIBLE lol, but nothing specific

So far:

1) : $2.00 on pop for me and dp, but taken out of spare change dish
2) Nothing yet!
post #48 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

I'm Sarah, I always try not to spend anything but didn't do very well last month. I want some more motivation to stay on track, that's why I'm on here.

Our mortgage is $2600/month, and my dh's income is $1000/week and mine is $800/month. We are self-insured and dh has a 40 minute commute. So we have to be pretty careful to make it all work.

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 plan is to not go into town more than two days a week. I'm also trying a new grocery budget where I spend $30 at Costco and $70 at WinCo or the Gross-Out, or even Safeway if there are cheap enough deals.

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 pay down a HELOC we have on a rental property and put a little money in our savings account for our upcoming winter propane bills.

I'd like to pay $500 additional on the HELOC, and put $300 in savings.

Thanks for your support!
post #49 of 540
Oh, yeah.

1.
2.

So far, so good. And we scored a ton of leftover canned foods from our returning Burner friends. Even organic!
post #50 of 540
My key...
: No Drive or a No Spend day
Stayed within budget
: Overspent or bought unnecessary items

My goal- 12 No drive, No Spend Days

Day 1- : B & N- Dave Ramsey Book, School Books, Magazines $62.00
Target- Food, Dry Erase Board, Washcloths, scrapbook album $70.00
: Kangaroo- Beer for DH

Day 2
(we had to buy hurricane/emergency supplies we had nothing) Target- food, toy, hurricane supplies, forks $60
Publix- hurricane supplies, food, lunch $60
Kohl's- 2 Gymnastics Suits $30
: Hanna Andersson Dress on eBay
post #51 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

My name is Elisa and I am a WOHM of 1 with another on the way and wife to dh. I very much want to come home after the new babe is almost a year (basically after my bonus is paid). I pay more in taxes than dh has ever earned - yet, we do not live like it, so, I really don't think our standard of living will plummet all that much. Our savings will take the biggest hit. We've been paying 2 mortgages for the past 4 years that we've been renovating an old 2 flat, in which we do not currently live. We'll be moving in within the next month and renting out the condo until the market improves for sale. Believe it or not, we'll be living in a 3 story (including basement), single family home in the City of Chicago with a mortgage of right around $1000. That is the *only* reason I agreed to venture down this rehab road which should have ended years ago. In any event, bonuses will go to paying back my mom who has financed much of our rehab (and hopefully financing an extended maternity leave - I hope to take and additonal 12 weeks over the 12 weeks pd). The sale of the condo will pay off the rest. We'll just be left with our mortgage once all deals close.

All that to say, I want to return to having a better handle on our expenses and really try to reign in our grocery spending. I think that will take the most discipline to keep costs under control.

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?

Well, dh gets an allowance, and I don't ask him what he does with it. He's responsible for putting gas in the car, paying the phone and security bills at the new house and that's pretty much it. His allowance is $520/mo. I spend on little things to feel better about not being able to spend on big things!

This month I plan to not spend any money on yarn (my big downfall), as I just filled 2 more 66 quart totes yesterday (that makes 5) and I could easily fill 2 more. Make that 3, when I transfer the other yarn from it's current homes.

I'd like to bring my lunch more often. This will be more attainable when the m/s is gone and my taste buds aren't so particular. I will strive for at least 3 days a week.

I will buy no more cloth diapers for the new baby. I'm only 9 weeks and have completed my nb stash already. In all fairness to me, I did have a small headstart since I had a m/c in the spring and had started buying for that babe.

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?

I don't have a savings goal. I already put away $500/mo in addition to 401(k) savings. I am continuing to work on my debt snowball. Paid off our 2004 car last month! Woo hoo!!! Now, I need to roll that payment over to my AmEx overage. Citibank will be paid off this month, too.

I think I can swing 15 no spend days. I spend money every day for bus fare. Does this count? Maybe not if I put money on a bus card in advance.

9/1 - $103.73 groceries
$13.22 - moving boxes
$4.25 - McDonalds
$112.46 - Target (house supplies / clearance buys for dd's next summer wardrobe)

9/2 - $5.90 - lunch
$68.00 - fall clothes for dd
$25.00 - dinner out for 3

9/3 - $4.84 - groceries

9/4 - $1.62 - breakfast
post #52 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

I'm Jessie a fulltime nursing student Mama (SAHM for 5 1/2years and miss it very much) to Miss B (6) and Miss M (almost 3). Wife of 7 years to my DH. I plan to spend significantly less this month becuase Its back to school, which means back to daycare soon, plus with the holidays coming I want to actually have the money in place to buy gifts. In our family we only spend cash on gifts, no cash, no gifts.


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?

Plan, To record what I spend money on. To get DH on board with how much he spends on picking up milk and this and that at the store so that I can have a more acurate picture of our food bill.



Goals
- 2 no drive day per week
- 5/30 latte days
0/30 no drive days

Start day for me is 9/2
9/2 $37 :
9/3 $31 fredmyers , $14 Joanns for organizational stuff
9/4 $53 gas, $33 post office (mailing out fluffy mail), $15 lunch with friend
9/5-9/8 un accounted for went to rented cabin with family all spending was budgeted for trip

9/9 : $68, bread, lunch meats for DH, Produce
$22 take home and bake pizza, bread sticks and dessert. DH request since its Football night
Legend
$9 at joanns on a wind chime thing
:= groceries
= no spend
= no drive
= budgeted spending
= unbudgeted spending.
post #53 of 540
Alright, another great day!

1. no spend, no drive
2. 1140 rent (only half mine), 311 daycare - both budgeted for
Made $52 on ebay!



Acceptable Spending:

1. Oil Change
2. Dishwasher Soap
3. Keyboard to fix laptop so I can sell it.
4. Two more glass containers for kids' lunches ~$10
post #54 of 540
01.. $74 babysitter and latte
02.. $10.29 Wendy's
03..
04..
05..

Goals:
0/20 No Spend Days
0/10 Let the Car Rest Days :
post #55 of 540
9.1: $20 groceries, $60 gas
9.2: $54 groceries + plus paid many of our Sept bills online, $11 @ Dollar Store on coloring books/paper for girls... unnecessary since they have some already!
__________________________________________________ _______
=NO SPEND DAY
=BUDGETED SPEND
=UNNECESSARY SPEND

I'm going to aim for:
/18 no spend days.
$74.00/400.00 on food.
Goal: 1/16 days to the gym=32 hours of exercise! Hopefully drop 10 pounds!
$400.00 to savings. 9.2.08 tx'd 700.00 to savings! Now to not have to use it!
$2500.00+ to debt reduction (not inc. mortgage).
/1 Eating Out
Total Unnecessary spending = $11
post #56 of 540
Sept. 1~ :
Sept. 2~ $30.52 ($20 gas $9.51 lunch $1 tip at coffee shop...I used free coffee card)


no spend
no drive :
post #57 of 540
Well, I just found this today sooo I'll start tomorrow




1 -$30.01 (gas)
2 - $37.66 (2 packs of panties for DD who is learning to potty, 1 box of diapers, and 2 boxes of fat crayons needed for DS for school)
3 - $4.24 (2 packages of mozzarella cheese to go with dinner tonight - everything else was already in the house)


Goals

-- Spend no more than $50 this month on junk I don't need (this will be a MAJOR improvement) --
-- Drive only to 3 playdates (other than dropping off and picking up DS from school) --
-- Pay bills before anything --
-- Have 20 no spend days --
post #58 of 540
1. Please introduce yourself and tell us why you have decided to spend nothing (or spend significantly less) for the Month of September.

My name is Linda and I work part time and go to nursing school part time. We do well, bit we could do a LOT better if we didn't spend so much money on stuff we don't need. I put my cc through the shredder so I won't be able to use it. I only have my ATM card now. Oops and Kohls, I love Kohls. I need to stop spending money on impluse buys at the grocery store etc., it all adds up.

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?

No more shopping without a list and buy only what is on the list. No going shopping just because I want to. I will only go to the grocery store once a week, if I go more often I spend too much.

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 need to have more in the checking account at the end of the month. We have a chunk on my husbands paycheck put into the credi union. I am not sure how many no-spend days I can do. This month will be the test!

9/1 -

9/2 - $12.90 - Kleenex, 2 donuts and a birthday card
$66.25 - gas
post #59 of 540
9/1:
9/2:

2/10 no-spend days
2/20 eat-at-home days
0/$600 groceries/househould
0/$100 clothing
post #60 of 540
Today's big happy news is we signed a Purchase & Sale agreement on the rental house we wanted to sell, but were then resigned to rent for another year, then the tenanat decided after 2 days she wanted to buy it now. WAHOO! Fingers crossed for her final financing approval...hope to close by 10/31 at the latest; cannot wait to pay off that mortgage - take that debt snowball!

Sept. 1:
Sept. 2:

Kim :

GOALS:
* Less than $50 in frivolous spending: month to date $0
* At least 25 days (no spend or spending w/in budget): 2/25
* Pack snacks/water for outings: 2/31
* NO library fines: month to date $0
* Stay within grocery/eating out budget: $220/$500
* ORGANIZE/declutter (lack of organization = spending): 2/25
* Exercise (feeling good = decreased emotional spending): 2/25
* Meal plan created: 0/4 weeks
* Sell rental house by 10/31/08: SIGNED P&S ON 9/2!!!!!!!!!!!
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