How to: Do a “no buy/spend” month or year!💸
Doing a “no buy” month can be a great way to save money and reduce clutter in your home. Here are some tips to help you get started!
- Make a list of essentials: Before you start, make a list of essential items that you need to purchase during the no-buy month. This could include items like groceries, medicine, and household supplies.
- Set a budget: Establish a budget of how much money you need to spend on essentials and stick to it. Setting this budget ahead of time will help you stay on track.
- Plan your meals: Planning out your meals for the month can help you save money on groceries and reduce food waste. Make sure to factor in leftovers, too!
- Find activities to do instead: Instead of shopping, find activities to do that don’t involve spending money. Go for a walk, read a book, or start a new hobby!
- Spend time in your inbox unsubscribing from promotional email lists that tempt you to “grab that pair of shoes before the sale ends in [countdown] 3:00:26!”
- Track your progress: Track your progress throughout the month and celebrate your success! Knowing that you are making progress can be a great motivator.
Good luck! 🤑
Resources to learn more about “No-Spend” challenges and how to stick to them!
Resources for visual learners:
Videos
Articles
https://www.chime.com/blog/how-to-nail-a-no-spend-month-challenge/
https://www.experian.com/blogs/ask-experian/how-to-do-no-spend-challenge/
Resources for auditory learners
Podcasts
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