April Wallet Watch

March 27, 2014
In January, I participated in the January Spending Freeze hosted by Life According to Steph, Luck Fupus, Clueless With Cash, and with Love, Fun, & Football.  That time around, the rules were that you were not supposed to spend cash on items or on outings that were not already planned and budgeted for.  Because of January's spending ban, I was able to save hundreds of extra dollars and start a savings account.  When Steph announced that she would be doing a spending ban in April, I got excited, but then I remembered that I'll be going on vacation in April.  It's also my birthday month, so I have already made some plans for that, too, so much to my dismay, I thought that I wasn't going to be able to participate in the spending challenge.  When I continued reading Steph's post, I realized that I could still go on vacation and have a lot of fun, but that I could also set some realistic goals for myself so that I don't blow a ton of money.  That's the best part of this spending challenge--you are able to make up your own rules!  Plus, I won't be on vacation for the entire month of April!

Below are the rules I've created for myself this April.  Anything extra I'm able to save in April will go directly towards my student loan debt.

1) Only go on one major shopping spree while on vacation.  If I said I wasn't going to shop at all while on vacation, that would be a lie because my sister and I have talked about going shopping for quite awhile.  The good news is that we both decided not to go to Charlotte together during this trip since it is far from where my sister lives.  Charlotte is where I think I would have blown a lot of $$.

2) Save 50% of birthday money received.  I usually get $ from my parents, grandparents, and uncle, so I'm going to save half and spend half.  That way, I can still get something nice for myself, but can also be responsible about handling my debt!

3) Do not go out to eat every day on vacation.  I know my sister and I will be heading to some restaurants, but that can add up really quickly and we might have even MORE fun creating a meal together.  We talked about making some recipes that we've pinned.  I also think a picnic lunch would be nice when we go to Emerald Isle.  We could be outside enjoying the atmosphere and save cash.

4) Do not do ANY online shopping.  Online shopping is my weakness.  With the click of a few buttons, I can find so many items that I think I need.  What really gets me are the e-mails that companies send out announcing their sales.  Just today, I got a buy one item, get the next 50% off from Maurices.  It was so tempting!!  I might just unsubscribe from all of those mailing lists so that I don't cave and buy something.

5) Book more subbing jobs.  So far I only have two subbing jobs lined up for April.  I would like to book more and will also have to wait by the phone in the AM and take those calls.  In the past, I have not had to do this much and I'll admit that it kind of stinks, but if it's going to boost my income, so be it!


Will you be participating in this spending challenge?  If so, let me know in my comments section and we can tweet each other for encouragement!
10 comments on "April Wallet Watch"
  1. This is a great idea! I've already been watching my spending habits- but it's always nice when others are participating and doing the same for the motivation. I'm going to think of my list tonight! Thanks

    - Rebekah @ Blue Giraffes and Concrete Jungles

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    1. I also like that you can make the list with your own, individual goals in mind!

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  2. I was always online shopping at home but now that I live abroad online shopping just doesn't happen at all. If only the customs fees weren't so high than I am sure I would be having to restrict my online spending as well!

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    1. Yeah, I hardly ever did any online shopping while I was overseas until I discovered Gmarket, which is commonly referred to the Korea E-bay.

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  3. I think this is an excellent idea! It's a flexible budget with realistic goals, and you won't have to suffer. That's the perfect kind of budget for me. You're going on vacay - how exciting!!!

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    1. If I can save just a little bit this month, then I'll be happy! I know I have a lot of outings planned already for this month.

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  4. I blame you for introducing me to Alloy! I am trying to figure out my own rules for this challenge.

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    1. Haha...I started buying clothes from them when I was in high school and still always shop there because of their Tall Shop. The shirt was just something that I found while I was browsing for some new pants for work. :) Good luck coming up with your rules!

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  5. Online shopping is dangerous. I should probably do some sort of spending challenge in April too... good luck!

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    1. It certainly is! Plus, bloggers always share their great deals which is cool, but then it makes me want to get in on the deal, too...I mean they're only good for so long. #shoppingproblems

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