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Friday, January 27, 2012

Spending Fast February 2012

Every year my friend Camilla does a spending fast in February.  This year I decided to join her. Andrew and I fast from something every February (electronics, sugar, etc.), and each time we do I learn three things:
  1. I eat sugar, go online, do whatever behavior more than I thought I did
  2. I was overdoing it before and I should re-assess and make guidelines for myself
  3. I am strong enough to change
I'm looking forward to learning the same thing about my spending habits.  Just like my other vices, I think I'm not one of those people who has to worry about spending too much money, or buying things I don't need.  However, when it comes to the end of the month, I'm surprised by how much I bought.  This time I'm looking forward and I'm going to only going to spend money on necessities:
  • Food (groceries only, and with a specific weekly limit)
  • Gas (with a cap on the number of times we can fill up)
  • A magnet in Zions when we go in February
That's it!  We're not spending any more money after that.  If anyone's interested in doing it with us, there's strength in numbers so this is the time to do it!  Post a comment if you want to join, or if you have any thoughts or suggestions around budgeting and saving.  And talk to your spouse before committing. :)

2 comments:

  1. What a great idea! Though we probably won't join you in February (I'm already anticipating a lot of unanticipated expenditures), it's something I'd really like to do this year. Even though we're good budgeters, I often look at our bank account and wonder, Now where did that all go?

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  2. Oh good! I'm so glad you're joining me. It really is easier if I know others are doing it. We may have to visit Costco only once in February (or not at all). But it will be so worth it!

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