I’ve embarked on a No Spend Month.
I’m not going in guns-a-blazin’ and I’m not standing up and shouting it from the rooftops, as I’ve tried and failed before (and documented the epics fails on my blog, for all the world to see) so I’m flying under the radar, hat in hand, head down and focused on the work ahead. This time around feels more somber, more serious. However I feel more motivated than ever before.
So to keep this short and sweet, these are my green lights for the month:
- Bills (utilities, insurance, etc)
- Budgeted grocery allowance
- Monthly transit pass
- Emergencies (I have a $500 emergency fund set aside, but knock on wood, I hope I don’t need it)
That’s it, folks! It sounds Spartan, and it is. However I don’t feel I’m depriving myself whatsoever. I have more than enough creature comforts bursting out of every cupboard and closet in my home, so that I am constantly surrounded by luxury (when I look at my normal Western life as someone who would be labelled “low to mid income” versus the majority of the rest of the world’s inhabitants, I truly do live in unabounded luxury) so I have nothing to want for. If anything, this forces me to actually enjoy everything I already own, as opposed to mentally dumping the love I had for an item immediately after acquiring it and shift my focus on the shiny new thing I want just moments after purchasing the last thing. The hedonic treadmill is a very real thing in my psyche, and I plan on eliminating it.
So although this No Spend Month concept isn’t new or original, I do plan on documenting it as a way to keep me on track and accountable. I hope to write what I did on all these no-spend days that allowed them to be no-spend, that way I have a template for if I want to continue No Spend April into No Spend May (and beyond!) and it perhaps can be a source of ideas for anyone else wanted to start this challenge.
Wish me luck!