No Spend Year

posted 4 months ago in Money
Post # 2
Member
2133 posts
Buzzing bee

sparklyglitterbee :  I’ve never done this, but your post really just inspired me. I might start with a no-spend *month* though lol how long did it take for your desire to buy things to decrease?

Post # 3
Member
3532 posts
Sugar bee

This is fabulous! I’ve curbed my spending way down out of necessity. We are supporting 3 houses and it’s got us stretched a bit thin. But I can’t give up my expensive face creams – I’m old and I need them or I’ll look like the Crypt keeper.

Post # 5
Member
7286 posts
Busy Beekeeper

sparklyglitterbee :  I’ve done it before and it’s a good reminder to use up the things I bought on sale/in bulk but now it’s just how I generally operate. I use to always stock up on something when it went on sale, even if I wasn’t running low. Now I look in the cupboards and tell myself “you still have plenty and it will go on sale again before you run out”. 

We have some big long-term goals and I always do a mental check to see if how much I really want something. And if it’s something I need I look for ways to make it cheaper. 

Post # 6
Member
21 posts
Newbee

I did a no spend month and it was pretty nice. I only allowed myself the things I needed. I had to have a new winter jacket and then my every day sneakers were getting holes. For me, needed items did not count. 

I enjoyed it, it really made me look at how much I was just  shopping out of boredom.  

Post # 8
Member
3532 posts
Sugar bee

sparklyglitterbee :  Thank you. I just dread the 15th of the month when the bills are due. Wish we could sell this house.

Post # 9
Member
5923 posts
Bee Keeper

Ive never done a full year (good for you!!!) but I do enjoy shorter bursts. I also like to do no (grocery) shop week/two weeks to try to use up what we have in the pantry and freezer. 

For this year I’ve not bought myself any clothing, and tried to limit treats (for myself – ie starbucks). Unfortunately that hasn’t translated over to the dogs, so I’m still spending money on them lol. I also tend to buy things I don’t need – like MORE kitchen stuff.

Post # 10
Member
9245 posts
Buzzing Beekeeper
  • Wedding: August 2012

I haven’t gone completely no-spend, but I’ve definitely been cutting out most of the non-essentials. I’ve found it helped to unsubscribe from a lot of emails so I’m not tempted by the good sales too lol.

We’ve been “kondo-ing” our house, slowly but surely. It feels great to have less “stuff”.

Post # 11
Member
271 posts
Helper bee

We are kinda doing a “live pay check to pay check” thing. I am maxing out savings, HSA for future baby, etc… then whatever is left over putting that ALL into mortgage (whole extra payment and then some). There is little left for unecessary spending… but enough to still have fun. So we aren’t literally living pay check to pay check but acting like we are. Really helps pay off debt if you have it or save up.

So basically half to 75% of my income is going into savings or mortgage.

Post # 12
Member
1982 posts
Buzzing bee
  • Wedding: May 2016 - Sussex, UK

I went through all my make up and skincare stuff before Christmas to give all my unused and in date products to my local DV shelter and it was a real wake up call about how much I was spending on stuff I didn’t really need. 

I cut back on clothing purchases a couple of years ago. I work in an office that is 15 men and me and tbh I could wear the same outfit 3 days in a row and no one would notice. My sister and best friend are always talking about their workwear wardrobes and smwhilst I like to purchase a few new things each season and I don’t worry that people will comment on me wearing the same shirt a lot. It’s been so long since I worked in a female dominated office so I’m curious if anyone feels s competitive element?

I do commend you for your no spend year. We have a few weddings to go to this year and I really like having a different dress for each. It’s my weakness I guess but I’m.definitely never going back to the days where I would spend hundreds of £s on stuff I may or may not wear.

Post # 14
Member
166 posts
Blushing bee

We haven’t set any specific parameters like this, but I have tried to cut my spending way down to save for wedding expenses. We set our goal savings to have by the time of the wedding and put it up on our fridge. Everytime one of us moves money into that savings account, we update the sheet. I love a real challenge so I want to be able to contribute as much as possible which means I’ve been shopping less than I normally would. Not a bad thing at all! 🙂

Post # 15
Member
267 posts
Helper bee
  • Wedding: July 2018

I am currently doing the same and having a similar experience. I definitely find myself “wanting” less and I love it! 

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