Tuesday, October 4, 2016

30 Day No Spend Challenge - September 2016 Edition - Final Update & Epic Fail

It has been an eventful month! And honestly I ended this month worse than I started I think. I've learned some things, and I've got some goals to work on. I definitely didn't hit my goal of saving $2000. Not even close. Maybe next time!


The picture above, with the pennies, is probably more than what I ended up saving this month. Damn, it was brutal. I knew some things would be different, especially since I had two loan payments this month, but still.

The biggest things I took away from this past month is that we spend way too damn much money on food, especially since it's mostly take out and fast food. I was only counting what I spent, not what Amanda spent. We still spent over $500 on food. Jesus. That is a lot of money, like a quarter of my take-home pay!

I also realized that I have far too many overdraft issues. I don't get mad about using the ATM because I get reimbursed up to $15 for ATM fees from my bank. But overdraft fees really kick my ass. They charge $33 every single time you over draft. I never even went negative by $33, but I was certainly charged up to five times for overdraft fees. It's ridiculous. I did change my direct deposit information so that it has my checks being deposited into my other account. It gets tiring having money in two different places, and the other account doesn't charge nearly as much if you go over.

I did some calculations, and based on what my normal checks are I figured I should have around $300 extra every week between the two jobs after all my bills are paid. Except of course the weeks my loan is due and the weeks I have to pay my phone bill. Thankfully those are never the same week!

I hope that I've learned a lesson this month and I really hope I can change my spending behavior. At this rate, I'll never save for a car and I'll never live on my own. I need to really be cognizant of what I'm spending.

What are your takeaways from a no spend month? Have you ever done one? Did you do one this month with me? Let's chat in the comments!















4 comments:

  1. Good luck! I was shocked how much I spent on food when I started tracking it, too. It's mental!

    Corinne x
    www.skinnedcartree.com

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    1. It's insane! I know we're four people but I can't say this is a good amount of money to be spending on food. It feels like a massive waste of money :/

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  2. Hey. Just found out your blog on Bloglovin and came across this post. I'd love to save some money too. Lol. I should better get started on this challenge. ;)

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    1. I wish you the best of luck! It's not as easy as it seems, lol!

      -Kaitlynn

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