For the month of October I will be going on a spending freeze, a fiscal fast, a month to save up some extra cash. You heard right – I won’t be spending money, sorta. Justine over at The Two Cent Chick was my inspiration to give this fiscal fast a shot.
I love to shop which is really not a secret. I stay within my budget when shopping but I thought I’d try not shopping for any unnecessary items in October. Unnecessary items including – clothes, shoes, accessories, new makeup products, some hair products, Stitch Fix box, no ordering out for lunch or breakfast (if I want that bacon, egg & cheese on a bagel I will be making it myself), no Starbucks or Dunkin Donuts <— this will be the hardest I think.
Purchases that will be allowed during this fiscal fast are – household items like cleaning supplies and all those boring things, beauty products like shampoo, conditioner, face washes (I’ve never been one to hoard beauty products so if I run out of shampoo I don’t have a backup), date night dinners with the hubby (we only eat out once a week anyway & date nights are a good thing) and groceries. Only necessary groceries though, no buying junk food!
What do I hope to gain from this? More cash in my pocket! Besides that though maybe in the long run I will learn to live on even less money. Maybe a Stitch Fix box every month won’t be necessary – only every other month. I’ll be forced to create outfits around what I already have in my closet. Maybe I will learn those shoes I must have are not really needed and the world will not end. Maybe going without Starbucks or Dunkin Donuts for a long period of time will curb my craving for it constantly.
At the end of the month I hope to see a significant increase in my savings account so wish me luck!
Who wants to join me on my Fiscal Fast?
Have you ever tried not spending unnecessary money for a whole month?