First off, the title of this challenge is a little deceiving. I do not know anyone who can go a whole month without spending any money. We will be spending money in September. Perhaps it should be called the Very Limited Spending Challenge.
The No Spend Month originated over at the Small Notebook. We took the general idea and have tweaked it for ourselves. Here are our rules for the month. We will be paying our bills (mortgage, electric, phone/internet) but hopefully spending very little money besides. When the car needs gas we will put gas in it. Food is going to be a bit more of a challenge. We are going to be able to buy food this month, but have decided that we will only buy food that is locally grown or raised. Yes, ladies and gentleman, that means when the chocolate is gone, the chocolate is gone. And no, I didn't stockpile, but maybe I should have! In fact, the chocolate situation in the house right now is pretty bleak. I may only have some cocoa powder. Yikes! Yes, I do have a problem and I'm willing to admit it. That is the first step towards recovery, right? Of course it goes without saying then that eating out/takeout is out of the question.
After those basics any other purchases are off limits unless it is really and truly a need. Medicine is a need. Redbox is not a need. Get the picture? I'm looking forward to this challenge. It feels like it has been awhile since our family has a had a good challenge that pushed us out of our comfort zones. Here's to our September "No Spend" Challenge! I will try to blog about the experience, but given my track record for consistent blogging, I'm not making any promises :). There will be a post coming up soon about another personal challenge I will be embarking upon in a couple of days. Come back on September 2nd if you care to hear about it. Wish us luck!