The RulesWe've set the goal for spending $620 for all food, household, and transportation expenses. That number does not count all of our monthly bills like rent and utilities. It does not include healthcare expenses that may be necessary. It also doesn't count gifts for others.
We came up with this number by looking at our ideal budget for groceries and gas and made that our goal. Let's just say this represents a significant decrease from what we spent last month! It is strict enough to make us be really mindful about what we are spending and what we are buying.
What will your No Spend Month Challenge be? Everyone should make your own rules for what will be the best challenge for your family. Last year we set our spending goal based on our monthly grocery budget alone. You may want to keep it simple and just swear off dining out and buying coffee all month. Maybe you want to make a specific goal to save up for something special or to make a contribution to a cause. Perhaps a whole month sounds too daunting and you want to pick one week to try a No Spend challenge.
Get StartedStill not sure? Check out the posts from No Spend Month 2012.
Introducing No Spend Month
I look forward to hearing your experiences from the first week of the No Spend Month Challenge in the comments next week and throughout the week on Facebook. Bloggers, don't forget we'll have a link up each Wednesday this month for your frugal living, money saving, and No Spend Month posts.
What are the rules for your No Spend Month Challenge?
This post is linked up with Frugally Sustainable, Simple Lives Thursday, Your Green Resource, Tasty Traditions.