Yesterday kicked off our latest no spend week. Earlier in the year we did a couple of no spend months. We only spent money on essentials such as food and petrol (plus the usual household bills, of course).
As well as being helpful for the bank balance, not buying anything is strangely liberating. Setting myself strict limits on what I can purchase takes away any temptations! There are no internal debates on whether I can afford something, I am just not buying it because I am on a no spend period. I get on with enjoying stuff that is free and using what I already have.
Why we need a no spend week
As we have had a lot of expense this month, a no spend week is a good idea and will take us up to pay day without going overdrawn or dipping into the reserves.
The rules are the same as for no spend months. We will only spend money on essentials. Next week we shouldn’t need to spend anything at all, not even on food. We have plenty in the cupboards that needs to be used so it will be an eat from the larder week. We have milk, bread, cat food, tea bags and petrol, as well as plenty of food in the fridge and freezer.
A day out for free to kick off no spend week
Yesterday we had a free day out in the sunshine, bar the cost of the petrol. We had to drop my daughter at a friend’s in Mistley for a barbecue, so we drove across to Wrabness after for a walk on the beach and a swim. The water was so calm, clear and warm, we could have been on the Mediterranean somewhere. The beach huts at Wrabness are rather luxurious – more like chalets than beach huts really and it looks as if people are allowed to sleep in them. I bet they cost an absolute fortune! But we took some drinks and snacks and spent no money at all. Days out don’t need to cost an arm and a leg, especially when the weather is so hot. We are very lucky to have so many beautiful coastal areas within half an hour’s drive.
Is anyone else on a no spend week (or month)? Do you do regular no spend days? How do you motivate yourself and what do you do to stop yourself spending?