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The 7-Day Buy Nothing Challenge: Day 2

By Frugaling 18 Comments

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Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

THE 7-DAY BUY NOTHING CHALLENGE: DAY 2

I participated in a medical study that paid me $36. To get there, I took a free campus/city bus. Breakfast wasn’t an issue or option today, as the research required that I fast. Starving and eager to eat, I finished the study and ran back home to avoid eating out. This is my second day of the Buy Nothing Challenge – that wasn’t an option.

Checking My Reactions

Today was a series of checks to make sure I stayed on course. There’s a gut reaction that brews when you “need” something. I’m low on yogurt and the cereal is gone. These simple planning errors can’t be remedied by a short visit to the store. As long as I’m challenging my initial impulses, I’m not going to the supermarket.

Unfortunately, I didn’t wash my laundry before the experiment. The local laundromat would be yet another expenditure. For the next five days, I’ll definitely be craving some fresh clothes. Cravings always seem to be strongest for the things you can’t have. Maybe there’s a secret in those words to changing this reaction. Maybe not.

My girlfriend is coming back this evening, and I’d like to be able to take her out and have a fun time in the city. But, I’m on this strange adventure that precludes me from such choices. It feels abnormal to hold back like this. While it may be a good thing, it makes me think about what partners must go through when one becomes super frugal.

Checking My Expectations

There’s a strange incompleteness to not purchasing something. I don’t really know how to explain it, but it’s a comical expectation. Why would I feel compelled or expected to consume and purchase goods? It almost feels engrained in our society that we aren’t a worthwhile component of the masses if we don’t spend. 

I’m hardly an anti-consumer; heck, I’m not sure that’s possible as a human. But I don’t like the idea that I feel compelled to shop and spend – especially with the massive student loan debt I owe. The balance I aim to strike throughout this week is a realization and movement towards critical consumption. I do believe it’s my responsibility to develop and maintain a discerning eye towards products, marketers, and advertisements that try to suck me in.

I don’t want to fall for their tricks anymore.

Filling The Time

What should I do outside of work? How should I fill the extra time? In a good way, not spending money has left me more time to write and concentrate on what’s important in my life.

Today I took the time to fix a pair of shorts. A button had popped off and I needed to sew it back. The only problem was that I’d never done it before. By spending the time to learn and sew the button back, filling my time had saved me even more than expected – how frugal of me!

With the rest of my time, which is ample in these summer months, I worked, read, watched Netflix, cooked, and walked outside. With the birds chirping peacefully and the Midwestern sun gracing luscious, green grass, I felt perfect. I had everything and bought nothing.

Day 2: $0 Spent.

Stay tuned for tomorrow’s report and follow along!

Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

Filed Under: Make Money

The 7-Day Buy Nothing Challenge: Day 1

By Frugaling 11 Comments

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Today is the first day of my Buy Nothing Challenge.

Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

I woke up craving an everything bagel with cream cheese. For a fleeting moment I thought about walking over, on this lazy Sunday, to the local Bruegger’s. Then I smirked knowingly, “Ah yes, it begins.” Today is the first day of my Buy Nothing Challenge.

Critical Response

When I checked my site statistics, I saw that my adventure had been submitted to Reddit. The traffic was streaming in, as were the comments. The vast majority of which, were written on Reddit.

Here’s what some of the critics had to say about the challenge (grammar and spelling are theirs):

Buying nothing for a week as a money saving strategy is about as effective as all those chain-email protests encouraging people not to buy gas for a week to put the big oil companies out of business.

You need food to live, you need gas (or transit) to get to work. Whether you buy it last week or next week is neither here nor there when it comes to being frugal.

Maybe leaving your wallet at home will keep you from making a few impulse purchases, and if that’s what you gotta do to give yourself some self discipline…go for it.

Buying twice as much stuff last week so you don’t have to buy it this week is a 0 sum game.

A “no buy week” should exclude things you need to live, that portion of the rent that is due, etc.

The only exception might be being more food than usual to prove to yourself that you can eat from home more than you think you can.

After reading some of these harsh comments, I questioned my own decision to pursue this: Was it too small a time? Was it fruitless? Was I just delaying inevitable purchases until next week?

Purpose of the Challenge

The focus of the more vitriolic, opposed persons seemed to surround the buying of food. The argument was that I needed food either way; not buying it for a week would amount to little more than delaying the inevitable. Rather than purely counter this argument, I’ll say this: It’s possible that’s correct. But there is another point to this challenge.

I decided to take a week away – a holiday – from spending to write about my realizations, experiences, and possible struggles. It’s bigger than just purchasing groceries. My challenge and yours, is about everyday opportunities to buy. Whether it’s a car wash, gas, laundry, food, floss, or whatever you pay for on a regular basis, I wanted to see if I could even get to zero.

Secondarily, what some of these commenters failed to grasp was that the more exposure we have to touch, hold, or look at products, the more we buy. Remove the stimulus – remove the urge. By not going to a supermarket (or any store for that matter), I was reducing the chances for advertising and marketing opportunities. I wouldn’t feel the urge to buy a tangential – unnecessary – product.

My Emotions

Over the course of the day, I had these fleeting moments to buy or do something that cost money. The response has been quite interesting. I feel guilty and ashamed at the possibility that I might not make it.

Day 1: $0 Spent.

Stay tuned for tomorrow’s report and follow along!

Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

Filed Under: Make Money Tagged With: buy nothing

The 7-Day Buy Nothing Challenge: Day 0

By Frugaling 11 Comments

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Part reflection and part education, I will write a journal-style entry to you every day. THE 7-DAY BUY NOTHING CHALLENGE: DAY 0

Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

Tonight marks an interesting turn in my dream to reduce my debts and save more. This just may be another ordinary, summer Saturday night to you, but to me, it’s the beginning of a little adventure. For the next 7 days I won’t purchase anything. I’m calling it, “The 7-Day Buy Nothing Challenge.”

The experiment came to me as I was driving – yet again – to the supermarket. It was the second trip of the day. I had planned poorly and hadn’t followed my own shopping advice. Unfortunately, I got home and realized I forget bread. A few hours later I was back at the store and primed to spend.

Then, I pondered if I could actually make it a week without spending money on anything. It couldn’t be simpler, right? Just stop buying stuff! And yet, look at your receipts, how many days have you gone without a purchase?

We are primed for consumption, and sometimes we don’t know how to turn it off. It’s often easier said then done, and I struggle with it sometimes.

For the next 7 days, I aim stop shopping and see my Mint.com account show zero, nada, nothing, zilch, squat, zip. Part reflection and part education, I will write a journal-style entry to you every day.

The Buy Nothing Challenge rules are simple:

  1. No household goods (discretionary or non-discretionary), food, or gas purchased.
  2. Nothing necessary, desired, or wanted purchased/ordered.
  3. To aid in this process, leave credit, debit, and cash at home. 
  4. If an emergency occurs, ignore the first three rules.

When I started telling people about this experiment, some scoffed, others laughed, and a few were excited. To me, it’s a win-win. I get to write to you and I learn what it’s like in the process. I wonder if I’ll be able to go a week. Likewise, I’m nervous if I properly prepared for the adventure. I’d love to know what you think in the comments below!

Here goes nothing! Wish me luck. Be sure to follow along!

Read the Entire Series: Day 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7

Filed Under: Make Money Tagged With: Frugal

Top Frugal Articles Of The Week (7/13/13)

By Frugaling 5 Comments

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I’m reading about personal finance and frugality all the time on this journey to a debt-free life. Finding new content and approaches to frugal questions and budgeting issues is one of my favorite things to do. Every week, I want to share with you the top frugal articles. This is a collection and brief summary of what I found this week:

  1. If I Woke Up Broke by Mr. Money Mustache
    Mr. Money Mustache retired at the ripe old age of 30. The amazing reality is that Mr. MMM reached his financial goals on two modest salaries. Now, he writes full-time and has the freedom to pursue whatever path he chooses. His story was recently featured at The Washington Post. In this recent article, he tackles a strange new conundrum: he has more money than he ever expected and now he’s become less frugal. Money has lost it’s value, as he’s no longer penny-pinching. Thankfully, he’s taking a fine-toothed comb to his current budgets, and finding ways to be a critical spender.
  2. Five Frugal Tips That Go Too Far by Narrow Bridge Finance
    Eric is a financial analyst from Denver, Colorado and runs Narrow Bridge Finance. Sometimes frugality is taken too far. Frankly, I must admit that I’ve attempted to save in these five frugal ways. Eric dispels each of these frugal extremes and explains why you’re not saving much.
  3. Commuting Costs: Be Careful, They Can Be Surprisingly High! by Squirrelers
    That daily drive to work, school, or the local cafe adds up. Between maintenance, gas, depreciation, and a variety of other costs, taking a car to commute is a surprisingly expensive luxury. Squirrelers is run by a father of two who works in marketing, and he’s taken a keen interest in staying frugal and writing about it, too.
  4. 5 Money Wasters you Can Cut Out of Your Life by One Cent at a Time
    The owner of One Cent at a Time has the distinct honor and pleasure of never being in debt. Never! S.B. tackles 5 money leaks to staying frugal. Convenience stores, cell phones, soft drinks, bank fees, and credit card charges are all on the list of money mistakes that people frequently make. Find how to cut these out and save big!
  5. Personal Financely by Mark and Jen
    Mark and Jen have created one of the most comprehensive lists of personal finance blogs in the world. Best of all? It updates every hour with every major sites’ new content. While not an article, this is one of the best places to find new ideas and help on your frugal journey.

Filed Under: Make Money

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