Spending Freeze

In an effort to pay some bills, including a whopping one from when I was in the hospital, pregnant with the babe, we are having a spending freeze. If it isn’t necessary, it isn’t gonna be bought. So far we are doing really well, not even one dollar has been spent on anything other than things that we actually need. When you are really knuckling down, you realize that not much is actually necessary. Shoes for the kids, yes, a quick run into the thrift store, not so much. It’s not like we spent much before, but now we are being really, really careful. We want these bills to be a thing of the past, so that is a priority. It’s kind of addictive, being able to put another dollar or two in the jar/savings account. They grow slowly, but every penny counts, right? I do have a couple of other commitments that will require a little bit of spending, but the commitments were made before the freeze, so I will still hold to those. I’m really excited about this, it doesn’t feel like a hardship at all, because I know how much better I will feel when we are completely out of debt.

family • Tuesday, June 29th, 2010 • 7 Comments »
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7 Responses to “Spending Freeze”

  1. Allison says:

    Congrats to you! We are trying to do the same and you are right….it is almost kind of liberating to NOT buy things you don’t need. Another thing I love is being able to make 2 or 3 meals from one – like steak sandwiches one night and using left over steak for stir fry the next night….and then left over stirfry for lunch the next day!!

  2. How often do we say ‘I couldn’t live without ….’ – but we can when we need to!

  3. French Knots says:

    We really cut back when I was made redundant but have slipped recently, dipping into the savings for things we really ‘need’. Must try harder because, as you say, there’s not that many must haves.

  4. Sandie says:

    I have a couple of diaries from 1976 and 1977 in which I wrote down EVERYTHING we bought on a daily basis – that really did concentrate my mind – loved doing it.

    We all have too much STUFF.

  5. amanda makes says:

    It is quite exciting, strangely, isn’t it? I’ve fallen off the wagon quite badly lately…time to climb back on I think. Lots of love, Amanda xxx

  6. felicity says:

    we’re trying to do the same, its been a few months but it seems to be going well my big thing is magazines! fliss xx

  7. We’re on a tight budget just recently, not because of debt but because of a cut in my hours. I’m actually really enjoying, like you say, the challenge of not buying what I don’t need. So much of our money has gone this way.

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