Our no spend summer begins tomorrow, and I have to admit I’m a little nervous. Tomorrow we’ll withdraw $90 from our bank account for the first time, and that will be our only spending money for the entire week. It seems like a lot of money, and yet I already know exactly how it will be spent.
When I think about changing our lifestyle so drastically for a whole three months, I feel a little overwhelmed. But then I remind myself of the benefits, and I know it will be totally worth it. I’m excited about the challenge! I know that looking at our budget every month and knowing we’re not going over will be a huge encouragement.
And now for a round up:
- Small Notebook, whose “no spend month” inspired me to try a limited cash budget myself, answers some questions about how she manages to buy healthy foods without going over budget during her no spend challenge.
- Free From Broke writes about how your emergency fund can help you save on car insurance. If you “self insure” with a healthy savings account, you can afford higher deductibles in the event of an accident, which means lower premiums.
- At Wisebread, you can read about a restaurant/non-profit where people pay only what they can afford for meals (So All May Eat Café (SAME Café).
- Green Baby Guide offers some tips on saving money by not wasting food.
- Pecuniarities reminds us that sometimes getting out of late fees is as easy as asking. It never hurts to ask!
That’s all I’ve got for the week. Happy Friday and have a great weekend!
Self-insure – I love that description!
FFB’s last blog post..Interview With Personal Finance Columnist Liz Pulliam Weston