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Archive for the 'Budgeting' Category

May 22 2008

Setting a financial goal - together!

Have you ever set a goal to only spend money on ‘necessary’ items for a month? I haven’t, but I have heard of those who have tried, and I’m in awe of them. I’m also thinking about doing it myself. Maybe I should start with a necessary items week, because a month would be hard for me!

The way it would work is that you commit to only spend money on items that are necessary during whatever time period you specify. Your definition of ‘necessary’ will of course vary from mine - but that’s the point. There is no one-size-fits-all budget. You have to find out what works for you.

Anyway, for the goal period, you commit to only spend money on necessaries, and to record all money spent for that time period. Anybody willing to commit for a week with me? A week doesn’t sound like much, but it’s a start. And then it can build to two weeks, then three, and then a whole month! We can do this!

I commit to only spend money on necessary items for the week of June 1st through June 7th. Anybody with me?

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One response so far

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