Fabulous February's No-Spend Day Challenge!

cathybird
cathybird Posts: 13,005
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edited 30 January at 1:51PM in Debt-free wannabe challenges
This challenge is all about helping people to save money by setting aside days every month where you deliberately don't spend unnecessary cash. Over the short term, it can help you have a more frugal month. Over the long term, if you stick with it, it can help change your mindset because you get out of the habit of frittering money away and start automatically holding off from spending instead. It also helps you delay purchases, which in turn means you lose interest in a lot of things you might otherwise impulse buy.

Another good thing with this challenge is we're all in it together, and people will help you on bad days and cheer you on on good days, and the support and accountability can really help make it easier to keep going with it. And if all else fails, there's always next month

To join, just post the number of no-spend days (NSDs) you're aiming for in February and you are on your way!

Tips for the challenge:
1. It's totally up to you but if you've never done the challenge before, it's probably simpler to start with a goal of 10 or (at most) 15.

2. It is fine to exclude necessary expenses eg petrol, groceries, pet food, etc, when it comes to deciding what is and isn't an NSD. It is also completely fine to exclude automated or recurring payments such as bills, mortgage or direct debits.

3. It does help to post every time you notch up an NSD, or at least every two or three days ... it's easy to lose track! If you want to keep track of your NSDs in your MSE signature, that can be really motivating too

4. It also helps to bookmark the thread, it's much easier to find.

5. NSDs are trickier than they seem and easily derailed. It can work better if you notch up as many days as you can in the first half of the month, or think of the month in thirds so if you're aiming for 10 NSDs, try to do 4 days in the first 10, 3 in the second and 3 in the third. And if you feel that you're falling behind, there's no shame in changing your target! Sometimes life just gets in the way, and the challenge should be fun, not a grind.

February

Off to a start = image
5 days = image
10 days = image

15 days = image
20 days = image

Target reached = image
Target beaten = image 


2021 D: 93 2020 D: 96 2022 D: 15
«13456756

Comments

  • beanielou
    beanielou Posts: 89,350
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    Thanks @cathybird for the shiny new thread. 
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing [email protected]. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • JustALass
    JustALass Posts: 25
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    @cathybird would I be able to join please? Reading the January one has really helped to inspire me! 
    I’d like to aim for 12. Thank you. 
    21/02/24 
    £120/£930 overdraft 12.9% 
    £413.24/£2k savings 20.7%
    Feb NSD 7/12

    Be overdraft free by 13/10/2025
    current projection 10/09/2025(min £10pw)

  • cathybird
    cathybird Posts: 13,005
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    JustALass said:
    @cathybird would I be able to join please? Reading the January one has really helped to inspire me! 
    I’d like to aim for 12. Thank you. 
    hi JustALass, I've added you to the list, welcome to our lovely thread :):)

    2021 D: 93 2020 D: 96 2022 D: 15
  • Sign me up for 10 again please :)
    Starting Debt Total: £10156.43/£9723.43 Current Total
    Total Paid to Date: 4.26%

    SPC 17 #040 - £28.93
    House Pot £1000.55/£2500
    Car Insurance Pot £126.70/£300
    Christmas 2024 Pot £96.57
    Emergency Fund £25.00/500.00
  • MrsCautious
    MrsCautious Posts: 1,482
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    thank you @cathybird for the new thread, I'm going to declare today NSD number 1 please - I know it's early but I am getting through the day without spending. 
  • Thanks for the shiny new thread @cathybird :) 

    Claiming NSD #1 for today please
  • cathybird
    cathybird Posts: 13,005
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    edited 1 February at 7:37PM
    February

    Off to a start = image
    5 days = image
    10 days = image

    15 days = image
    20 days = image
    Target reached = image
    Target beaten = image 

    February targets

    AuntieL 18


    Balancinglife 18


    basketcase


    Baxtersmum


    beanielou 19


    bloomfelt


    blubella 12


    BudgetingBelinda

    cathybird 1/15 image

    Caeraugirl 1/20 image


    Couldsavemore


    craftingmad


    Crazycatlady2 18


    Doily94


    Dorothy707


    Flying By14


    FrugalMum3

    GeorgianaCavendish 1/16 image


    Hawley Gryphon


    Honeysucklelou2


    HotDog2020 14


    ilovetea 20


    JustALass 12


    KajiKita 18


    keggie 15


    laura lau 18


    leftatthetrafficlights


    lianne1984


    LittleMissDetermined 15


    Makingabobor2 15


    Money Choices

    Mrs Cautious 1/20 image


    Nervous1234 20


    outoftheviciouscircle


    PurplePhoenix62 10


    QueenJess


    Rupacomp 12


    Saver-upper

    SecondStar 1/26 image


    short bird 18


    SpruceDog


    TheScarletPixie


    Thevalueofless 20


    try harder


    :):) Newcomers welcome! :):)


    2021 D: 93 2020 D: 96 2022 D: 15
  • SecondStar
    SecondStar Posts: 322
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    Calling in an early NSD to kick February off right!
    ‘When you only have two pennies left in the world, spend one on bread and the other on flowers. The bread will sustain life, the flowers will give you a reason to live.’

    Frugal living in 2024.
    NSDs:
    January - 26


    Amount saved in 2024:
    January - £14.03
  • Caeraugirl
    Caeraugirl Posts: 364
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    First NSD in the bag!
    #19 Save £12k in 2024 £2613.21/£12000

    February NSD Challenge 20/20
    March NSD Challenge 0/20
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