LOW SPEND MONTHLY CHALLENGE (I spent just $75 on anything non-essential this month) *real & honest*
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- Опубликовано: 7 авг 2024
- Besties, WE DID IT!!!! I'm so proud of how this low-spend challenge went. We went all month with spending less than $75 on anything non-essential. I was also able to spend less than HALF of what I usually spend in a month. If you've been wanting to save money or reset your money habits, I highly recommend trying it out. It was a transformative experience for me, as you'll see in this video. If there's another money challenge you'd like me to do, let me know in the comments.
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TIME STAMPS:
0:00 intro
0:32 rules for the challenge
1:53 exposing when i cheated
2:24 what i actually spent in february
4:22 real footage from the month
5:26 this is hard
6:12 one week in, no cheats!
7:30 i cheated
8:57 craving the dopamine of spending money
13:38 halfway through the challenge
18:26 i cheated again
21:39 making up essentials purchases???
23:00 i hate all of my clothes
26:22 on my wish list
30:00 what i learned
34:16 ask me anything
39:30 outro
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#lowspend #nospend #budgeting #personalfinance #lowspendmonth
If you have enough money to put $2000 in savings, you should NOT be paying credit card interest! Pay off your cards every month!
Oh I’m not don’t worry, I always pay by the due date.
@@yourinternetbigsis Oh good! I got worried for you for a minute.
I really enjoyed this video and how honest you were about giving yourself some leeway and not beating yourself up over the times you spent some money. It was smart to not set such strict boundaries and I think this is exactly the way I need to structure my upcoming low buy challenge ❤thanks for the motivation!
So glad you enjoyed it! Highly recommend trying it out.
Interesting to hear the emotional ties to spending. As a recent retiree, I've gone through every month feeling like its a no/low spend month. Takes some adjusting. I know you are still young but wondering what your current thoughts are around retirement. When do you foresee retiring? What lifestyle would you like to have? Do your current goals tie into a specific vision for retirement?
All great questions!! I still need to figure out exactly when and what I envision my retirement to look like. Right now, I am focused on putting as much money as possible into my retirement investment account so that I set myself up to have security and options!
I'm trying to do a low spend this month. I did buy a mattress topper I needed because I was getting back pain from my bed which did help. But I see that as a necessity. Plus one lipstick. I'm pretty addicted to shopping so it's tough!. But I need to change my habits. I have no more space at home for more stuff!
Nice work!
Congrats on your low spend! Loved following you this month and see your evolution🙌🏻
Thank you so much 🥹 I appreciate you being here!
Thank you for talking about this
My pleasure!
Well done 👏😁❤️😘❤️❤️❤️
Thank you!
@@yourinternetbigsis I tried a no buy and I failed miserably. 😬
I want to have a zero-spent month in May. I spent so much money at the Sephora sale that now it's time for a money-fasting month. I'm actually kind of looking forward to it. I might break it once to buy myself some new yoga sessions for my Birthday, but really the Birthday Month is the best month to do a money-fast b/c other people already spoil us. P.S.- Something you said about money and identity actually made me cry. It's so true; we're so attached to spending.. I've been reading the Bhagavad Gita and there's a line about neither desiring nor hating and that is what they say is peace; freedom from the material world. PP.S- I loved this video. I can tell you both enjoyed it but was challenged by it. I did a STEPS challenge last summer. I started with 5000 but one day I did 30 000 steps. I wasn't working though; I chose to housesit for a couple of months (quite lucrative actually). The challenge made me sign up for a Walkathon Against Suicide, which I did perfectly. You should do a steps challenge and maybe another low spend month trying to BEAT YOUR OWN RECORD.
Lots of good stuff in here. Thank you for watching and sharing your experiences!!
@@yourinternetbigsis Thanks for inspiring me to do this. Really, I wasn't sure if it's a thing, but apparently you did it.
I loved this! But I get it - money is so emotionally driven.
Thank you for watching. 100%!
@@yourinternetbigsis if you ever wanted to do a living in London comparison of spend I'd be down =P
this was sooo interesting. i feel pretty good about my money, so i never thought that a low/no spend challenge would be useful for me. but hearing you talk about how it helped you understand your spending in relation to your emotions makes me think maybe it would 👀 haha
It’s a great exercise, you never know what it will uncover but I can almost guarantee that it would be a transformative experience. ❤️💸👀
Loveddd this! Need to do this, on that note thought...Can you link the blazor?
Thank you, I had so much fun making it! Unfortunately it’s not available anymore (I didn’t end up getting it myself 😢)
aww dang!! stock moves fastttt there lol :(@@yourinternetbigsis
Congratulations!!! I also did the low spend challenge. I messed up one time. I got a Starbucks iced matcha latte and Panera. Friday, March 1st I spent money on Amazon and bought some new skin care by Acure. LOL. I also soothe myself with spending money. A very nice lesson. I'm going to continue low spending. No more lattes and take out. I just realized I could do it better at home. Again, well done Mel. Peace 🕊️
Sounds like you did great!! Thank you for watching and for sharing your own experience. xx