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What I learned

August 3rd, 2012 at 01:10 am

I will say that $300 wasn't as much of a stretch for my No Spend Month. Yeah, I only had $2 for gas at the end of the month, but I think you spend what you have. If I only had $250, I would probably still "run out" of money at the end. You fill the container you're given.

I could have cut back on a few things. Been a little cheaper about groceries, not eaten out when I did. However, I normally use at least $75 in gas for a normal month. The vast majority of that is just driving back and forth to work. This month was different because I had vacation time where I didn't need to drive to work. But I did drive up to the beach house to hang out with Mom. If I gave myself $250, then take $75 from the top for gas for work, I'm left with $175. Maybe that's do-able, maybe not.

While bf and I have separate finances (and I like it that way), I do pay for the groceries, so my No Spend Month affects him. If it didn't affect him, he wouldn't care what I did with my money. But when you don't know if you can buy lunchables for his lunch because you're running out of money...it seems a bit not fair to him. Why should he "suffer" for me trying a money experiment? (I'm only using lunchables as an example of something he may have wanted from the grocery store that I may or may not have gotten because of low funds).

We have lots of food in the house still. This did not clean out the cupboards as much as I thought it would. I don't feel I had any major breakthroughs about money and spending. I'm proud of myself for achieving my goal and I guess I could say that I could live off of $300/month if I needed to. Like, emergency.

As my rewards, I used some of my amazon gift cards to buy 3 pairs of new work out socks and a pyrex 8x8 glass pan. Spent $27 out of pocket. I love fun, funky socks. I also had Chinese for dinner last night. And now, back to normal spending life. Groceries, gas, etc. etc.

To keep up with my goals for August:

Aug 1 & 2:
Tracked WW both days
Saved $50
Worked out both days (yoga and spin)
No NSDs yet (but I anticipate the next two days could be that way)

I have a vacation day tomorrow and I just stopped at the library on my way home from work, so I hope to not leave the house and read and just hang out at home. Ahhhhhh.

2 Responses to “What I learned”

  1. mamasita Says:

    Relaxing at home with a book, sounds like a reward to me Smile

    I think you are right, I tend to spend what I've got. Which is why it's so important to pay yourself first in savings, bills, and then it's not so bad if you spend all that's left.

  2. Jerry Says:

    That is an interesting point that your spending experiment leads to effects for others in the house... still, I hope that you have some insurance that you can save money and have a good food budget anyway. Good luck!
    Jerry

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