I don’t know about you guys but I’m still recovering from excessive holiday spending. I thought January would be a great month for me to slow down and get my budget back in order. But nope. The after-Christmas sales and the “Omg I haven’t seen you since before the holidays” get-togethers really brought me down. So now that January is about over and we’re almost into a new month, I’m going to try extra hard to get back in good financial shape…which is why I’m embarking on #FrugalFebruary!
#FrugalFebruary has popped up everywhere and there’s really no right or wrong way to go about it. It’s basically just a challenge to yourself to spend less and save more. Whichever way you tackle that is up to you. For me, this is what my #FrugalFebruary will look like:
- Here’s my biggie: February is going to a no-spend month for me! Aside from necessities, I’m not going to buy a single thing I don’t need. (this applies applies only to actual stuff…I’m still going to enjoy a night out once or twice).
- I splurged on a Nespresso machine for myself over the holidays (don’t judge, it was a great investment!) so that means in February, I’m going to be making my coffee every single day.
- In January, I ordered in or went out at least twice a week. In February, I’m going to cut that down to once a week (including a night out for Valentine’s Day!). I know many people who cut eating out altogether but I just can’t eat my own food every single meal.
- I’m going to get a head start on my Spring cleaning and either donate or sell anything I no longer want. Any profits I make will go straight to my savings. My goal here is an extra $500.
Now that you know what I’m doing next month, I want know…who’s with me!?! Let me know what you are challenging yourself to this #FrugalFebruary below!