Do you ever find yourself over buying just before going into a planned no-spend time?
We have a visitor here for another week and after she leaves I'm hoping to go without buying anything other than eggs, milks (soy, almond/coconut), and to clean out the pantry and freezer otherwise, from 11/2 to just before Thanksgiving.
So what did I do? I over shopped! Almost like I fear running out of something in those mere 22 days.
I'm planning a total no-spend except for gas & essential groceries all of January and I'm going to control the end of December's spending by being out of town. Can't spend ahead if I'm not home.
Do you find yourself "compensating" for a planned no-spend?
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Re: Do you find yourself "compensating" for a planned no-spend?
I tend to do the same thing! Just a long as you are getting bargains and all is needed, eventually it will be used up. I do monthly, quarterly and then annual budgets. Since we are in the last quarter and my budget is tight I will be cutting back these last three months. I plan a no spend month in January to get things kicked off. my christmas budget will be my bonus check, if I get one?!
Since being on the forum I have stepped up my game with getting those bargains, making things last longer and delaying purchases to make it all work. thanks to all! cj
Since being on the forum I have stepped up my game with getting those bargains, making things last longer and delaying purchases to make it all work. thanks to all! cj
Re: Do you find yourself "compensating" for a planned no-spend?
I don't do no spend days or time periods. I do low spend instead. I simply try to buy what we need and sometimes what we want at the lowest possible price. As a result I have a decent stockpile and a gift closet full of gifts. I have completed nearly all of my Christmas shopping and have most of everything for my two grandson's birthdays early next year. I find that this system works for us. I feel prepared and less pressured than to try to reach no spend goals.
Re: Do you find yourself "compensating" for a planned no-spend?
I focus more on budget. At the beginning of the month, I lay out planned spending by category and see the total. As the month goes on, I may adjust by category but try to stick to the total $$$.
Re: Do you find yourself "compensating" for a planned no-spend?
I don't find myself compensating for a planned no spend period. I don't do a budget per say. I feel it would prevent me from taking advantage of sales. I am bad about finding a reason to go out every day, so no spend is good for me, but it is different than a no spend period. I just do a no spend a day at a time. Saves gas and helps me focus on getting things done here.
Re: Do you find yourself "compensating" for a planned no-spend?
Nope, I plan my spend days in advance. I know when my bills need to be paid, I know when we get our allowances, or when I go shopping, or when we use the church envelopes.
I don't have no spend periods. I just have no spend days. These are days where I do not spend any money. Sometimes crazy things happen and I don't meet my goal, but any day I do not spend is a good thing.
I used to spend a great deal, shopping almost became a hobby and that was not a good thing.
I control my spending and the basic household expenses, I do not control Hubby's spending, which at times can be a bit crazy.
I don't have no spend periods. I just have no spend days. These are days where I do not spend any money. Sometimes crazy things happen and I don't meet my goal, but any day I do not spend is a good thing.
I used to spend a great deal, shopping almost became a hobby and that was not a good thing.
I control my spending and the basic household expenses, I do not control Hubby's spending, which at times can be a bit crazy.
Jackie
http://inthelandofthelivingskiesii.blogspot.ca/
http://inthelandofthelivingskiesii.blogspot.ca/