I have a terrible secret - I once killed a spider, just to watch him die. No, just kidding. (Obviously, since I kill spiders because if I don't they will eat me in my sleep.)
My secret?
My name is Lori and I'm a spendaholic.
I love to shop. For reals. I like to shop online, at thrift stores, at the grocery store... I see some Girl Scouts selling cookies in front of Sam's and I walk away with 6 boxes of Thin Mints. I buy things because it's fun, because I'm bored, because they are on sale... Not good reasons! I spend money on groceries we don't eat and I end up throwing things out. I have several kitchen appliances I have never used. And my crest room? (That's what used to be a guest room but has been taken over with my crafts.) Filled to the brim with unfinished and unstarted projects!
And, I buy things at the expense of saving. It would be a different story if I hoarded felt and canned goods while still putting money away for a rainy day - but, I don't. And that is going to bite me in the ass sooner rather than later. So, I've decided to do something about it. I have instituted "No Spend November" in my household, much to Boyfriend's chagrin.
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| Um, this is the cutest pig ever. |
So, what does this mysterious month-long challenge entail? I'm so glad you asked! Here are the deets:
1. We have allotted money for the things we cannot avoid spending money on. (I tried to explain to Met-Ed that it's "No Spend November" in lieu of paying my bill. They wished me good luck and told me to let them know how it goes in "No Electricity December.") So, we will be paying all bills this month. We will also be spending our usual RIDICULOUS AMOUNT OF MONEY on gasoline. Boyfriend and I both drive cars that are not great on gas and we work over 20 miles from home and there is no public transportation. We don't even work close enough to each other to carpool. So, that's something we just have to live with. I have also drastically reduced our grocery budget for the month in an effort to use up the copious amounts of food we already have.
2. That's it.
Which means: No dining out (thinking about this makes me want to cry,) no going to the movies, no new shoes, no buying yards of fabric because the "pattern reminds me of M&Ms," no Starbucks, no going to the bar, no buying gifts, no... fun. No spending any money.
I'm very interested to see how this goes. I am hoping to get a few things out of this experiment:
1. I want to get a better idea on just how much excess we purchase, and subsequently waste. (I have a hunch I can make a month of dinners from the food we already have.)
2. I want to start using forethought instead of hindsight. Too often I get home and don't have anything thawed for dinner so we grab take-out instead. If I had taken a few moments in the morning to grab something from the freezer, we could avoid spending the extra money.
3. I want to be able to see how much money we could be saving while still living comfortably.
Plus, I love a challenge. :o)
I'll keep you guys posted on our progress. I anticipate a lot of forced creativity to prevent Boyfriend and I from killing each other out of boredom.
If you have any suggestions for free entertainment or other frugal living tips, please send them my way.
I'm pretty sure I'm going to need all the help I can get.