Spending Freeze Update

Oops. Totally not a real excuse but I had to admit it. I tweeted it last week while I was in Chicago and I take full responsibility. For what it’s worth…it was only $30 and so I don’t feel quite as bad. The lamest part? I didn’t even try it on so I don’t even know if it fits. Hmm…I need to do that.

Besides that, it hasn’t been TOO tough. It’s the most difficult when I physically go into stores. I bought a few birthday presents for friends a few weeks ago and it sort of helped that I could still purchase something before I left. Here are some tips and ways around those spending cravings:

1. Round up all those clothes you never wear and take them into Plato’s Closet. I took some stuff I never wore and got $10 and then bought a pair of gold knock-off Sperry’s there for $6! Walked out with $4 cash (don’t laugh…I plan on buying a magazine with that!)

2. Sign up through Fab.com and get all your friends & family to sign up and purchase stuff! You get credit when they make their first purchase of $25 or more. I also just got a $10 credit recently because an old order was delayed in shipping. Combined with my $5 credit/month for connecting my Fab account to Facebook…I snagged this laptop case for free! (I’ve been on Fab for a year and have received $245 in credits. FREE STUFF PEOPLE! Sign up here.)

3. Cold brew your coffee. Seriously. If you’re tempted to stop at a Starbucks during these summer mornings…you need to do this. We cold brew now and each have a cold drink tumbler that we take with us if we’re on the go. Spending $2-4 daily on drinks is dumb. (We use this recipe.)

4. Be realistic and budget. Just because I’m on a spending freeze doesn’t mean I sit in my house and drink water all day. We are realistic with our budget and know to allot a realistic amount of money when we have trips, birthday parties, events or weddings to attend! If you budget $0 because you’re “on a spending freeze” you’ll just force yourself into a situation where you will spend money but without a cap.

Well there’s my little update. I’m still 48 days out so I’ll be updating you all again next month! Any other tips from you who have mastered these freezes? 


August 14, 2012