It's a new year and already I am budget-cautious, but it's not because we overspent on Christmas. It's just that I have big goals I hope to meet this year as far as savings and debt-repayment goes.
Other than our son's birthday, I will not spend one red cent on anything that is not absolutely necessary to our health and well being.
I plan to cook all meals at home and bake treats instead of buying them.
I will not buy any Kindle books. I have tons of free ones downloaded already that I can read. Plus the library I can borrow real books from.
I will not purchase any beauty products. I will be using things up before I buy anything new - makeup, lotions, hair care, etc.
I will avoid going out except to run errands.
I will strive to keep the electricity bill as low as possible by wearing extra layers of clothing indoors, adding extra blankets to the beds, etc.
I will strive to keep the water bill as low as possible also.
I will strive to not waste any food by making use of leftovers and being creative with ingredients.
My goal is to tuck $400 into savings this month. I am even considering doing this every other month:
Will you be participating in this no-spend month?