Day twenty-eight marks the end of week four in the NO SPEND challenge. There are only three more days left – it’s coming to a close. While there aren’t any major things needed to be purchased, or any particular reason to do so, I’ve decided that today will be my last post about the challenge. I’m ready to move on. I’ve accomplished what I set out to accomplish through this process – I saved enough to cover the majority of our homeschool materials.
Each week in the book 31 Days of Living Well and Spending Zero: Freeze Your Spending. Change Your Life there is a pause to reflect on how things went. Rather than going through the questions, I’ve decided to just discuss how I’ve done and what the book talks about for the last three days and going forward.
We Saved Money
That’s the most important thing from this right now. We needed to save money and we did.
In our grocery budget, comparing last month to this month, we saved $449.
In our miscellaneous spending, we saved $257.
Those two categories are where our spending has been out of control. The total savings was $706. I’m pretty darn happy about that!
The last three days of the challenge are centered on creating a proper budget, planning for the future, and the things you should and shouldn’t do.
Having a budget is something I really feel is important for every family. And even more important is sticking to it. We have a budget and it works very well for us when we actually follow it. I think this challenge has helped us to get back on track with that. It has helped us to realize that we were starting to blow off the budget and in doing so, we were not making wise financial decisions.
Dos and Don’ts
The very end of the challenge is about the dos and don’ts for going forward. It’s extremely important that just because the challenge ends, we don’t go out and throw money away on more things we don’t need.
We need to be doing a monthly review of our finances to make sure that our spending is on point. It is ok to enjoy life, but it is not ok to spend more than you make. Debt is something we need to be very intentional about avoiding.
We need to continue being creative in how we live life. It is important that we continue enjoying our experiences together rather than items that money buys. The items don’t last, but our memories stay forever.
And we need to continue searching for ways to save. In my family, that means continuously finding ways to save at the grocery store. I’ve proven to myself that it can be done; now I just have to keep doing it.
If you followed along on my no spend challenge, I really want to thank you for reading. I also want to encourage you to find ways to save. Find ways to make yourself and your family happy without spending loads of money. And enjoy life. I hope you’ll come back and read more of what I have to say in the future.