7 ways to have your *BEST* no spend month (or challenge) ever! | PERSONAL FINANCE TIPS

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PERSONAL FINANCE TIPS - Have the best no spend month/no spend challenge ever! How to do a no spend challenge or no-spend month the right way. Frugal living tips - How to save money - Money saving tips that work.

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I started a low buy this month. It has helped make my “mistakes” more obvious, easier to learn from and forgive because I’m only messing up a few dollars at a time. I ate out once, got coffee 3x and bought something on Etsy for $30. I’m not going through lines and lines of me breaking the budget and feeling bad about myself. It’s only a few small transactions that I messed up on and can try to do better on next month.

HelenKTindel
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Meal prep on a Sunday was a game changer for my savings

franciscopascoal
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I pulled up my Amazon and Target apps spending last year. I am embarrassed and ashamed. If I have saved it all I could’ve taken my family on a really amazing trip! This year WILL be different. Every time I feel like spending I remember the embarrassing feelings I felt a few weeks ago.

susie
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I recycle my clothes & shoes 4 forty years. I wear less clothes as l was on shorts, sports shoes & tee shirts daily. I dress down when l am home or romp around the neighborhood. But l take trouble to dress up properly for all church services or meeting up with friends 4 tea or window shopping. If l buy 🏠 hold goods, clothes, shoes or bags l pay top price & it last me till 2day. Also maintain to below 50 kg weight to enjoy my resources. With my income 1st give to to the Lord & be involve in missions. Missions is in my blood. There is a great need which i don't see, but l am very aware of them. Started very young & now its a habit. Develop good habits when you are young. The rest God will take over. Enjoying my retirement.

gekhonggoh
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I started in December. No more clothes for the entire year...unless it's free because of my cash back accounts...Rakuten, Retail Me Not, Amazon 5% back or Samsung Pay. I won't be able to do the no eating out, because I am handicapped. But I am keeping it to 2-3 times or less a week.

Good luck to everyone! 🥰

Isis
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Reading a book from the library or finishing a started project doesn't cost any money. During Corona I have watched TWO movies every week, on TV with my own popcorn; the movies are just as good and for free. Learn how to enjoy your own company.

anna-lenameijer
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You couldn’t be more right about telling someone with similar goals. I may have to find a group online as no one in my circle is supporting my low spend/low spend year. And constantly trying to talk me into making exceptions. It has really been discouraging and I’m only two weeks into the new year.

treyshields
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I tried and failed a No Spend this month! Honestly I messed up the timing and once I broke the seal… it became easier to spend more than I really needed to. In order to be successful, I think I need to start with a No Buy week before I jump into a whole month.

G_Speaks
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I thought this month was going to be my low spend or no spend month but things came up unexpected and well, I have to try for next month.

LifeOrdinary
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Doing my first No Spend month, and it is so much harder than I expected! This video came at the perfect time. Thank you for keeping me motivated! 🤗

valeryrodolico
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Can you do a list of low cost fun that isn't just walks in the park? My downfall tends to be wanting to have different experiences like new places to eat, new lounges, etc.

jasminee
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This video came right in the nick of time.. Doing my 1st no spend month in 3 years

tacobella
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The fun doesn't have to be expensive, for example my friends and I are taking 2 days 1 night trip to nearby city! We set a rule that the budget for one person including gas and accommodation must fit under 35$ in local currency and usually we would go by train but one of them has a new car and drivers license but after splitting the cost of gas it's only bit more expensive than a train.

olakruk
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Great advice, restaurant food is definitely my issue. Throws my budget and diet off the charts

ksavage
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I haven’t purchased water bottles in almost a month and I’ve been using my brita pitcher. I’ve saved so much!! I also now use reusable ziplock bags!!

patriciarodriguez
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Hi, I live in Kenya earning $190 seems tough to save but finding you channel has really helped me in the last 2months on saving no matter how small.THANK YOU.

tashmuthama
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Have been living frugally on a low income for more than 8 years now, but really just getting started with a conscious financial journey! Really excited to become more aware and hopefully start saving more. Thanks for a great video!😊

pdk
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Thank you for mentioning that the timing of when you start the challenge matters. I have good intentions, lol, but then I forget that I have gifts to buy or a potluck or something that I didn't budget for.

laynereed
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I tried but my dog got sick.vet bills were close to 1k.

suzanneu
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I have a system that helps me out. I put back a few bucks for "my son's college fund" that can only be touched in the most appropriate situations. To ensure I don't get into the cash I have set back, not only do I say it's for my son, anything I take out absolutely MUST be paid back in double. That way, I only use the money in the most dire circumstances, and the savings pile up faster.

halg