Even when you adopt a more minimalist lifestyle, it can be easy to fall back into old habits of spending on things you don’t really need. And all of that spending can very easily lead down the road to OVERspending. From time to time, it is a good idea to take a step back and evaluate your finances. This means taking a long, hard look at how much you are spending and exactly where the money is going. If you are gifted at budgeting, you may not find this necessary… But the majority of the population doesn’t budget effectively and overspending is a harsh reality.
It is that time of year again where my husband and I sat down and took that long, hard look and our monetary situation. What we’ve realized is that we have allowed our spending to elevate. We operate on one income so a rise in spending is incredibly important to take note of, especially when we have some pretty large expenses coming up (homeschool curriculum).
Because we have noticed our spending getting slightly out of control, we have decided to do a NO SPEND month. No spend months are nothing new to us. We’ve done them in the past. In fact, if you have been following my blogging adventure for any length of time, you may remember that I documented a no spend month in great detail on another blog I ran.
During that month we saved a whopping $600!