Lifestyle Magazine

20 Things I Learned During “No Buy Month”

By Savvybrown @savvybrownblog

I hope all of you who participated in “No Buy Month” during February learned as much as I did. Not only was I surprised by what I could actually do without for a few weeks, it really made me think about what I actually spend my money on. As outlined in the “No Buy Month Rules” I paid bills and bought groceries, but didn’t buy anything extraneous unless it was with points or on a gift card that I already owned. Below is a list of what “No Buy Month” did for me.

  1. Making my own coffee instead if buying it saved me about $20 a week
  2. All of the things I did this month will come in handy if I’m ever strapped for cash.
  3. I can workout just as well at home as I can at a gym if I make the effort
  4. I was really surprised how many fees I got charged by my bank when I started paying attention.
  5. I don’t always have to spend money to spend time with friends.
  6. I can live on way less that I thought.
  7. I was shocked to realize that I often waste more than I use.
  8. Budgets really are sexy. (thanks J.!)
  9. I really only wear 4 or 5 pairs of shoes on a regular basis, everything else is just extraneous and/or special occassion.
  10. I was shocked to find out how many credit card points and travel points I had racked up without even knowing it!
  11. I was surprised how many things I could get for free just by asking (makeup samples, hot water for tea, coat check, etc.)
  12. Sometimes upcycling or repurposing something is just like getting something brand new!
  13. The act of putting myself on a financial “diet” is an active form of budgeting.
  14. Hardly anyone around me knew that I was participating in “No Buy Month” if I didn’t tell them. (No one looked at me like I was “broke”).
  15. I was able to get work done on my house through deferred payment just by asking.
  16. I was able to make money by selling what I didn’t need on eBay.
  17. I was able to barter services to get some computer work done.
  18. Many people who are considered “rich” got that way by living their lives like this every month.(Check this out)
  19. There’s tons of music and books to read for free online and that are downloadable
  20. I really don’t need cable. (I watched most of my entertainment online, through hulu, Netflix and YouTube).

I don’t know if I could live like this every month. but I am definitely going to to do this again this year. If not for a full month, then for a few weeks intermittently throughout the year. I really saved money and it made me very aware of “sneaky” spending that happens when we’re not paying attention.

 

• What did you learn during “No Buy Month”?

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