No Spend November (or, How to Stop Living High Off the Hog)

Just sing this to the tune of Alice Cooper’s “Schools Out for Summer,” and lets get this party started!

What is a No Spend Month:
Its horrifically self explanatory, but I’ll still go ahead and explain. In a nutshell, its a month (of your choosing, though I chose November because I like alliteration), where you drastically cut your spending by choosing to pay only for essentials and non-negotiables. Essentials include mortgage, rent, food, and non-negotiables might include paying to get your finger sewn back on after a tricky kitchen incident.
Why some people do No Spend Months:
1. Some people want to find out if they can get what they want for less. Deciding you will not spend above a certain amount forces you to get creative with what you can spend.
2. Curb mindless spending.
3. Get things done at home that previously, you haven’t had the chance to because you’re out there wildly throwing around the green (which isn’t us).

Why we’re doing No Spend November (in addition to the reasons given above)

1. To create more mindful discipline concerning our budget. We know where every dollar goes (for the most part) but its been a lot of swipe and spend lately, with little thought as to where its coming from or  if it could be better spent elsewhere.

2. Learning well to delay gratification. If its cute, buy it. If we’re hungry, grab it. While we have a ‘budget’, we’ve exceeded it at times.

3. To get a chance to stop, reflect, and express some gratitude for everything we’ve been given. We have a lot of wants, but not needs. We’re really, really blessed. God’s taken care of us, and I think November is a great month to be content with what we have.

What it means for us:

1. No unnecessary spending. Whats unnecessary? Dining out, entertainment, lattes (no!!!), trips to, and subsequent purchases at Target.

What I hope we’ll gain from this month:

My hope is that this month will help us learn to better decipher between our needs and our wants. I would like to get a little more creative with our activities, and use more of what we have around the house before rushing off to buy something. I want to eat through the gross things at the back of our freezer. No wait, they’re not gross, just…not as exciting as other things. I want to be content with what we have, and start moving at a slower pace.

There are countless things to be gained from a no spend month, if for nothing else than to simply stop and evaluate the value of a dollar, and see if its going where it should be going. I plan to share our adventures, ideas, highlights, and trials with you throughout this month. Which is 30 days long. I just checked. 30 cheap, adventurous, simple, and non Target filled days.