One way to get a handle on your finances and to create new habits is to embark on a no-spend challenge.
NO SPEND MONTH RULES
A no-spend challenge can be any length of time you choose it to be. Common timeframes include a weekend, week or month. Some folks even choose to try the experiment for an entire year.
BENEFITS OF THE CHALLENGE
You get a sense of your financial habits and learn new ways to curb excess spending.
HOW IT WORKS
Going for a month or even a year will help you to truly address your relationship with money. You’ll discover what’s most important to you and that you can live a full, yet frugal life.
WHAT DOES NO SPEND MEAN?
You’ll set the rules for yourself and your family. This is a basic overview of what a no-spend challenge is all about.