No Spend Challenge

Have you ever had a no spend day or week? If you haven’t you should consider this no spend challenge. Literally freeze you credit cards and step away.

If no one else will tell you I will. You need to save. Implementing a savings plans into your budget helps you save to prepare for future investments.

To successfully accomplish your no spend challenge, you need to prepare.

First thing first. Pay your reoccurring bills. Start with a full tank of gas and refrigerator filled with food you’re going to eat. No more stopping at Chipotle for a burrito bowl, make your own. You honestly save a lot of money grocery shopping, instead of buying meals here and there.

If you have pets or care for anyone else make sure their food and supplies are stocked as well.

This is where meal prep comes in handy. Its okay to bring your lunch to work or gatherings with friends. Tell them your on a spending diet, I’m sure they understand.

Second. Make this during a time of no holidays, birthdays, or other celebrations

If youre like me you like buying other people really nice gifts. I have found myself going all out for presents not sparing the cost, killing my budget in the process. Scheduing this time when there isn’t any major spending times is important so that it doesn’t provoke you to spend.

Third. Save. Explore free options around the city. Eat a lunch with food from home

There are many things to do for FREE around your city. Festivals and museums are great ways to exercise your no spend abilities.

Reevaluate your spending habits noticing how much you can save without spending unnecessary money

Complete a no spend challenge with three easy steps