I can’t believe we are a week into November. I swear it was just the first! If you have been following along, you know that 1) I am trying to save $10K by 12/31/2016 and 2) I am doing a “No Spend November” challenge. Here is a quick review on how its been going so far:
Step 1: I created a zero-based budget along with my husband. We actually sat down and discussed all the expenses we had for the month. This was the first time we had done this and I found it very productive. Unfortunately, we missed one critical expense and medical expenses have already exceeded the budget.
Step 2: At the beginning of the month, I withdrew $600 and divided up the cash into the following envelops:
- Food $200
- Eating out $60
- Household supplies $40
- Kids other $40
- Husband Spending $200
- Wife fun money $20
- Charity $40
Step 3: Create a weekly meal plan and grocery shop weekly. So far, I’ve gone over my allotted budget for food spending. I have found it extremely difficult to purchase with in the budget I gave myself. I am thinking about increasing my 15 day budget from $200 to $300 since I have to buy vegan, gluten free items that are pretty pricey.
Step 4: Eat leftovers and try for a zero wasted food. I was disappointed to have to throw out rotten lettuce, grapes and bread last week. However, I did eat pumpkin puree with kidney beans for lunch one day. Yeah…one for team!
Step 5 and 7: Spending fast: buy only needs; buy used/second hand. This has been going well. The only wants I have purchased have been food related. Overall, my food expenses has been the hardest to curtail.
Step 6: Use coupons/discounted gift cards –I successfully brought two $25 gift cards from Raise for $33. I’ve used both and they have worked. I am excited to incorporate discounted gift cards more in my life.
Step 8: Goal: 15 no spending days. Last week, I had 4 no spending which means I had more days that I didn’t spend money than I did! Yes! We are going to make it this month.
How are your goals going?