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It’s coming, January 1, 2014. This will be our family’s third annual No Spend Month Challenge. Last year I began inviting my readers and other bloggers to join in our money saving challenge. You won’t want to miss this experiment in extreme frugality. Why you may ask?

No Spend Month Blog Badge

Here are 6 reasons YOU should take the No Spend Month Challenge this year:

  1. Create an Emergency Fund
  2. Give to a Non-Profit or other good cause (Check out the GrowingSlower fundraising project at Living Water International)
  3. Save up for a family vacation or another fun splurge
  4. Start saving for retirement or a college fund
  5. Save up for the necessities like a house or car
  6. Pay off debt like credit cards or student loans and get one step closer to financial freedom

You can read about the our 3 years of  No Spend Month Challenges here.

Have you tried a No Spend Month Challenge before? Are you planning one now? Share your story in the comments!

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