We are always looking for ways to save money around here, so when I heard the concept of a No-Spend month, I was definitely intrigued. The idea is, barring absolute emergencies, to go an entire month without spending any money! Sounds crazy, right? Well, we’re in an interesting financial spot at the moment (my husband is going on 6 months of being unemployed – anyone need an IT professional??), so it seemed like as good a time as any to try it out!
The first thing I had to do was check our schedules and make sure it was practical or even possible. We have an October Birthday in our home, and a standing trip we take as a family every year. These won’t be excluded from No-Spend, but instead I made a strict budget for each and we will have to stick tightly to those budgets.
The next step was checking our pantry and freezer to see what food we had to subsist on for 31 days. An in-depth inventory revealed that, with the exception of 1 or 2 items, we had plenty of food to last a month. To be honest, that’s a little embarrassing to admit, but perfect for a month of no-spending!
The last thing I will have to do is make a meal plan using the oodles of food I found. That means this month my husband will have to try Quinoa and I will have to find a way to not get tired of chicken recipes! Sounds like a fun challenge 😉
Have you ever done a no-spend month? How did it work out for you?