Last July, I did No Spend Month Experiment, and I am planning to on doing it again this year, hope you can join me in my adventure. We have reduced our wants and simplified our life a little but there is always a possibility of meeting our budget or not.
I will post my spending for the week, every Monday sometimes to calculate and write up a post about it.
Now that August is here, here is a recap of our No Spend Month Challenge with its final update and lessons and take away from… Read More »No Spend Month Challenge: Update and Take away from the experiment
This is our fourth week of update on No Spend Month Challenge that I am sharing my spending on Heart and Mind Blog . Now… Read More »No Spend Month Challenge: Update 4
R and Little P having fun playing with Sand at near by Park: This is our third week of update on No Spend Month Challenge… Read More »No Spend Month Challenge: Update 3
No money needed to enjoy this: Zenguy and R watching planes at San Francisco Bay
Our family is doing voluntarily No Spend Month Challenge in July. Actually No Spend month is misleading in a way, as it should be called minimum spending on bare essentials month, because that is what we are doing.
I first heard about No Spend July month last year at Rachel’s blog called Small Notebook and I have been hooked to the concept. Last year I did it unofficially, only for our eyes. Here is our journey of little financial adventure of No Spend Month in July for sharing with all of you.
Recap:
Our budget for the whole month is $300 for groceries, eating out, gas, entertainment and misc expenses. Other expenses such as rent/mortgage, utility, charity, savings and investment, and education and job related expenses are not included in the $300 budget. Thank god for that!
No Spend Month Update 1:
On month of July, we are doing No spend month challenge, which actually means not spending anything except on few essentials. We have a goal of $300 per month on necessities and more. To find more details about it how we are planning to do it, check out my introduction post on No Spend Month challenge: July .
I have done one “no spend month” last July along with Rachel from Small Notebook, blog I admire a lot. However, I started off after one week in July and I was not blogging till end of July so did not share my findings here at the heart and mind . To see her story check out July – No spend month post here.
This year Rachel is not continuing with no spend month as they have achieved the spending balance in their life, I would have liked more of no-spend month as she is so good at explaining and motivating others but I do understand completely her reasoning behind it.