Tuesday, June 12, 2012

15 reasons why you should try a impromptu no-spend challenge ...

I think everyone should have an impromptu "no spend" challenge at least once!

Here's why:

  1. It's an easy way to save a few $$$ over the course of a week or two. Instead of putting that money towards more "stuff", you could put it towards savings, or an important goal you'd like to reach.
  2. It helps you to use up whatever food, supplies, giftcards, free passes, etc.. that you have on hand.
  3. It raises awareness of how much "stuff" we really have & raises our gratitude level.
  4. You don't don't have time to "prepare". So no "pre-buying" enough gas, enough food, etc.. to last throughout the no-spend challenge, where you end up spending $$ anyways!
  5. It forces you to be creative in order to have fun! Try new recipes, dig out old movies, books, board games, call family & family, spend more time on your hobbies, etc...
  6. You focus on what's important. Friends, family, & yourself!
  7. Keeps you away from unnecessary spending & shopping trips for those "little last minute items".
  8. It's good for your mind, body, & soul. You can take time to enjoy the "simple things" in life.
  9. We're SO used to buying this, & grabbing that, that a lot of times it just becomes second nature. There's no thinking involved.
  10. You set a good example for your kids who watch every little thing you do & learn their good (and bad!) money habits from YOU!
  11. Your set a good example to friends who may be in struggling but haven't curbed their spending habits & don't know how to tell themselves "no".
  12. When you're not spending, you can spend time being productive! Has your closet needed cleaned out forever? Kitchen decluttered? Kids toys overhauled? Now is the time to do it!
  13. Causes you to ask yourself, "Do I *really* need this?"
  14. You can renew that "old" library card again and take advantage of all the great (and free!!) services that your local library offers!
  15. Think out of the box! Feel like going out for a night on the town but don't want to spend money? Act like a "tourist" in your own city! Find out which museums, park activities, clubs, live theaters, etc.. offer free admission!

Have you ever participated in an impromptu no-spend challenge? If so, did you enjoy it & save money? If not, would you participate in an impromptu no-spend challenge??

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