Thursday, January 17, 2013

Spending fast


Okay. Here are the requirements for my "modified' spending fast.

(Side note - The idea for a spending fast first came from Anna over at And Then She Saved. Check it out. She has great tips and ideas for saving money and getting out of debt! She paid off thousands of dollars of debt in her first year of doing a spending fast.
  • I have to save. save. save. I work hard for everything that I have and I'm of the mindset that if I have the money and if all my bills are paid and my affairs are in order, feel free to spend money...usually, that results in me spending money on clothes that I certainly don't need and on fast food that I most certainly don't need. So, I'm doing a saving guide that I found on Pinterest at the beginning of the year (that I don't feel like looking for, just know that I didn't come up with the idea lol) - basically you save a certain amount of dollars equal to whatever week of the year that we're in. So the first week, you put 1 dollar in a jar, savings account, etc., and the second week, you put 2 dollars....and on and on until the last week of the year when you'll put in 52 dollars. It totals up to 1300 and some change. It's a good way to save a nice chunk of change, so here we go!
  • I can only go out once a week...to some that seems like a lot for a spending fast...but I have a group of friends from school that usually grabs lunch after class...and I don't want to have to bail on them all the time. That being said...once a week means once a week, so if I go out to lunch on Monday, I can't go out for dinner on Saturday...if I eat out on Monday, I can't catch a movie with them on Friday night...and so forth. 
  • No money on CLOTHING at all. for any reason. I have PLENTY PLENTY PLENTY to get me through YEARS without ever buying anything.
  • No shopping. except for food and needed personal items.
  • I'm also going to look for a parttime job to save some extra cash. I'm thinking of either setting up a profile on Nanny.com and babysitting on the weekends. Or getting some type of server job, which I think would be really cool, since I've never been a waitress before and I feel like it's an important coming of age job lol.
  • No iTunes purchases.
  • No Redbox rentals (except for my free coupon that comes once a month! Yay for freebies!)
  • ....and anything else that I might think of later.
Here's to saving money! Woohoo!

5 comments:

  1. These are really good ideas! Good luck with your spending fast! You can do it! :)

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  2. can I join in as well??

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    1. Ashley, you are more than welcome! The more the merrier :D

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  3. You are inspirational....I wish I could resist buying clothes. I just find such good deals and....you know...justification :)

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    1. Haha believe me, I know the feeling!! That's why I have to avoid the stores with good deals altogether or I'll cave :D

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