I first read about the concept of a no spend month a few years back on the blog Small Notebook.
The concept of a “no spend month” intrigued me.
But I never made it happen.
Life. Kids. Unwilling husband.
They all got in the way.
But the truth is… I didn’t want to do it.
After all, we work hard and save a lot. Why shouldn’t we spend what we want?
However, this July, the expenses are adding up: summer preschool, BlogHer, anniversary trip to Iceland. So it’s finally time for a new family tradition: No Buy July.
This month we’re committing to spending as little as possible.
There are things we can’t change like our mortgage payment, our gas bill (budget billing), our CSA, insurance payments, etc. But in every other area we will be trying to save money.
The challenge is to come out zero sum each week so if we want to go out, we have to make that up in some other way.
- By returning all the items we didn’t really need
- By selling the clothes outgrown and not being handed down
- By weeding out the toys (both grown up and child) and sending them to better homes
I will be updating our progress each Monday!