In January, we learned we had to replace our downstairs HVAC system to the tune of about $8,000. We decided, after that big spend, that a no-spend month was in order.
So we deemed February our no-spend month. We would not spend money in any category other than food, gas, and essential bills. The idea was to use the money we didn’t spend to replenish our savings after spending so much on the furnace.
How did we do?
Well, it felt like we did terrible. We didn’t take the no-spend month very seriously, especially towards the end of the month, and we broke a lot of our rules about spending.
Still, we managed to save quite a bit of money, so despite our mediocre performance, I’d still call the month a win. And I feel like we have some momentum to keep going in March, so we are going to keep saving.
Two wins: Junior ThreeYear decided to stop swimming with his expensive swim team and is now running track, which doesn’t have a monthly cost. We saved money in lawn care because it was February and no lawn care was needed.Continue reading “The No Spend Month: How’d We Do?”