A Week of No Spending

There’s nothing like trying to find ways to save money when you don’t make money. These budget series posts were created out of the desire to share what I have learned about alleviating some of the soul-crushing stress of living paycheck to paycheck – and the things I’ve learned that have helped me move away from that life. Please note that I am not, in any way, a licensed financial professional. None of these tips are guaranteed to make you money or save you money; they’re simply different ways of thinking about and using money that one person who doesn’t make much has learned over time.


I have recently become moderately addicted to Megan Fox Unlocked. Seriously, y’all. She’s so sweet and genuine. Totally worth checking out.

I watched a video not too long ago where she tracked what she spent in a week. I thought I might put a spin on it and try to go for a week of no spending other than groceries and gas. And to hold myself accountable, I’m going to take a picture of everything I buy that isn’t a grocery or gas.

Sunday

Flooring

I talked a little bit in this post about helping my mom redo the floors in my dad’s office. I spent pretty much all day Sunday working on that (10am – 5pm) so it made it really easy to spend.

That said, it was really challenging to resist the urge to say, “let’s go out for dinner” to D. I had planned to be done with the floors on Saturday, so I had a more complicated dinner planned and the idea of cooking after all that work was like… ugh. It ended up being fine and we cooked, but it definitely was a good reminder that adapting the plan can help save money – ex. I knew I was going to be tired by the end, so I should have pulled a crockpot meal from later in the month and used it on Sunday to avoid the temptation to spend money.

Sunday Total: $0.00

Monday

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My parents cat, Frank, is basically a giant teddy bear.

I knew on Monday that I was going to see my parents after work. I stayed there for about an hour and by the time I got home, made and ate dinner and started thinking about homework it was close to 9pm. So, I did some homework and went to bed, which made it very easy to not spend any money.

Monday Total: $0.00

Tuesday

I got a hardcore chocolate craving around 2pm on Tuesday. I usually keep some dark chocolate in my desk drawer, but I spaced at the grocery store this weekend. There’s a little on-campus convenience store so I walked over there and got some chocolate milk & Reeses Sticks (aka deliciousness) for $3.

I also totally spaced when I planned to do this no spending week because I had scheduled dinner with two of my friends a month ago. I wasn’t about to cancel because our three schedules don’t line up easily, so instead, I got a water and an appetizer for a total of $9.53 + tip.

Tuesday Total: $15.23

Wednesday

On Wednesday night, I knew that we needed to pick up D’s prescription, so I made some delicious pot roast in the crockpot and we went after dinner.

Our grocery store, Meijer, allows you to accrue points towards money off. We had a $6 off coupon so when we decided to pick up a few extra things, we ended up spending $0.67. I don’t think groceries fall into the no spending category, but since we also got a fancy drink, etc., I’m going to count this.

This was also the day that D and I decided that we’re going to do this for the entire month of March.

Wednesday Total: $0.67.

Thursday

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Y’all. I was so tired on Thursday night. D has a standing meeting on Thursdays so I headed to my parents directly from work. I was there until 7pm-ish and did homework until 8:15pm, when I promptly got into bed and zoned out with some Desperate Housewives (I’m newly re-addicted). So, a super-easy way to not spend any money!

Thursday Total: $0.00

Friday

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I didn’t get any good pictures of Friday night because I was too busy enjoying myself. D and I went to Chik-fil-a, which is somewhere we went to when we thought all was good with their donating and since the more recent news, we’ve stopped going. But, from before now, we had reward points, so we went and had a free dinner and then to our friends’ house. We picked up the girl scout cookies we ordered in February and a set for my parents. Delish!

Friday Total: $0.00

Saturday

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On Saturday, I spent the most of the entire week! My bff and I try to get coffee once a month, and this Saturday we went to Biggby for basically the entire morning, 7am – 2pm! Seriously everything my soul needed. I’m not even kidding. We laughed and cried and it was pretty perfect and totally worth the cost of three coffees – $16.82. This was an eye-opener for me, y’all. Because, legit, on Tuesday, I spent almost $5 less to go out to dinner!

So, I’m never going to stop getting coffee with my bestie, but I’m definitely going to think twice before getting the sugary kind.

Saturday Total: $16.82.

Grand Total

$15.23 + $0.67 + $16.82 = $32.72

So, in order to figure out what I saved, I had to figure out what I usually spend on things that aren’t groceries and gas. So I went through five weeks of spending and averaged it. The average for five weeks: $152.83

When I found that number I was horrified. If you multiply that by the 52 weeks that are in a year, you get $7,947.16.

Y’all. That’s a car, a vacation, half a down payment on a house. Holy smokes.

With a grand total of $32.72, I saved $120.11, which if you multiply by 52 weeks you get $6245.72.

So, I definitely will be doing this again hahaha. I don’t know that it’s realistic to do this every week – D and I like to go out to dinner. But I don’t seek why I couldn’t be more intentional about saving.

I think I’ll track this for the month of March and I’ll let y’all know what I come up with at the end! For now, this savings is going straight into my savings account and I am thrilled.

For more posts about budgeting, you can find all the posts here.

A. Rose (1)

 

 

How to Budget When You’re (Close to) Broke

Ahhhh… Money. Everyone’s favorite topic, right?

Ugh.

It’s one of my least favorite things to talk about. But as I’ve been writing these posts, I’ve realized how much of my behavior is dictated by trying to save money in these little ways. So I thought it might be helpful to write these things down. Maybe make a little series of it.

Here’s the thing though: I’m not a financial adviser or banker or accountant. I’m just a young person who has mostly worked in education and has only managed to make over $11 / hour in the last two year years. If you need serious financial counsel, I highly recommend you consult a professional. But if you just want to learn how to not be freaked out about money all the time, these tips might help.

Copy of Christmas in September

There’s a lot out there on how to make a little side money, and things that people will tell you (like turning off lights in the room you’re not in) to pinch pennies and legit – those things are great and I definitely recommend that you do them.

But there’s this other piece that people don’t know about, I think: how to not feel afraid when it’s time to pay the rent; how to purchase groceries in a way to make sense; and how to still be able to go out with your friends everyone once in a while.

d and j

I’ll be real honest: its taken me almost six months to write this because the topic of money stresses me out so much. So we’re in this fear together. Let’s start with the real game-changer: actually making a budget.

What’s a budget?

A budget is a detailed list of expected income / expenses. Your income and expenses should match. Start by listing every expense you can think of. For me this looks something like this:

Rent
Utilities
Cable & Internet
Credit Card
Medical
Gas
Food
Fun
Fun food
School Book Money
Misc.

Note: You always want to have a “misc” category – that’s where things like birthday presents come from.

Then, add in the “fixed” rates. So let’s say we have $1000 to work with (because that’s easier). Fill-in what you know isn’t going to change:

Rent: $400
Utilities
Cable & Internet: $80
Credit Card: $25
Medical
Gas
Food
Fun
Fun food
School Book Money: $10 (I know I’ll need X amount of money each semester, so I set a small amount aside each month)
Misc.

That’s $515, so you have $485 left over. Next, overestimate each of your monthly bills.

Rent: $400
Utilities: $50
Cable & Internet: $80
Credit Card: $25 (minimum payment)
Medical: $50
Gas
Food
Fun
Fun food
School Book Money: $10
Misc.

Notice the things that aren’t bills. Those are the things you can flex and challenge yourself to bring down.

So now, we’re at $615, meaning we have $385 leftover. I typically do gas before food, because gas gets me to the job that lets me buy the food. I also have a lengthy commute. If you don’t, or if you have a family to feed, you might need to do food first. Estimate how much you think you spend each month on those things:

Rent: $400
Utilities: $50
Cable & Internet: $80
Credit Card: $25 (minimum payment)
Medical: $50
Gas: $60
Food: $100
Fun
Fun food
School Book Money: $10
Misc.

So now we’re at $775, meaning we have $225 leftover. So, that looks like a lot of money to have fun with. Except we’ve only listed expenses. We haven’t listed savings. Month-to-month, my Fun, Fun food, and Misc category change.

There are seven birthdays in the first two weeks of August, so July has a pretty big Misc. section, but Fun as like, $10 in it because I spend so much time just being outside (which is free).

You can do this two ways: you can decide you’re going to save a specific amount and the remainder goes to fun, or you can decide you’re going to spend a specific amount and the remainder goes to savings.

Giving you the option is really counter to what literally everyone says about money, including my dad who taught me how to make a budget.

What I’ve learned over the years, though, is that you will never stick to a budget that isn’t honest. For most of my life, my Fun Food category was four times the size of my actual Food category because I hated cooking. It didn’t feel “grown up” to have things arranged that way, but it did keep me in check.

Those are the basics. What do you think? What about this is scary or feels good or is both at the same time?

A. Rose (1)