Have you tried a no spend challenge? What did you learn and how much did you save?
So in October we did a no spend challenge. This can also be called a pantry challenge. We set our sights not to spend money on anything outside of our basic necessities and eat from our food pantry/freezer as much as possible. We limited grocery shopping to essentials only.
Our goal as a family of 4 was to save $800 in October 2014.
These are the things that we sought to avoid:
*No eating out at restaurants.
*No shopping at stores.
*No shopping online.
*No excess entertainment (we already subscribe to Netflix monthly, but no Redbox or Amazon Online rentals).
*No extras. (chocolate, manicures, pedicures, games, etc.)
*No home décor.
*No toys. (We tend to buy $1 toys at Target)
*No crafts or hobbies.
We are happy to report that we more than doubled that savings goal!
Read more http://eaglesoaringhigher.blogspot.com/2014/11/the-no-spend-challenge-31-days-later.html