Monday, January 30, 2012

February double challenges

After saving a little over $60 during Low-Spend January thanks to Carla, I am wondering how I can beat that for February. Chances are, I can't. But I intend to save another $50 to put as snowballs. I can't wait to see a pretty $2,xxx on my CC1. How will I do it?

So here's my double-challenge stats.

Low (no) Spend Challenge:
1. Choose a financial goal for the month!Stay within my goals and save another $50 to my snowballs. I know this sounds awfully low to some of you. But I hope you understand that my whole non-bill, non-rent, non-debt budget is set at $300. This includes food, gas for the car, going out (come on, I'm only 25!), household items and things like toothpaste and other personal items. I am almost out of toothpaste.
2. How will you achieve your goal this month?I guess my personal budget will have to give in a little, plus I am getting the hang of coupons and using more and more of them, so that will also help me save money.
3. How will you allot your spending this month?Same as last time; I have a monthly budget of $100 for gas, $120 for food and $80 for misc/personal. I will be using my card for the time being, instead of using cash again.
4. Track your purchases!
Yes ma'am! I may be detailing what I buy briefly. That should put me in the spotlight...
5. Are there any “exemptions” for the month?
Hopefully not. But again, if they are going to cut an utilities from my parents', or apply a late-fee if they can't pay, I will pitch in. Sigh.

Decluttering challenge:
1. There will be 4 main challenges for the month. I pick the theme, you pick the challenge!
Week One: Personal Space Challenge
- This means my closet, of course. It doubles as storage.
Week Two: Family Space Challenge (I have no family space. I live out of 1 room I rent and maybe my parents' living room. And my car's trunk which doubles as pantry. So I am changing this to "Personal Space II)
- Living out of a room means, well, all of your possessions are in a tiny cramped space. Most of mine are divided in boxes. I have boxes with clothes, eating utensils, craft materials, etc. I want to divide them all and sort them once and for all. Labeling them would be nice.
Week Three: Productivity Challenge
- I like to sew. Sue me. So I want to do at least one project. I also need to kick my rear end and start exercising so I won't be a total failure for Erika's 10lb challenge.
Week Four: The “Dreaded” Challenge
- No idea... Maybe tackle two year's worth of paperwork/checks/tax forms/misc receipts I have in a bottom drawer.
2. Bonus Challenges!
- I'm ready for this! And hope I can participate too.
3. Purging!!
- I am pretty sure I still have clothes from my brother from before HE got married. I need to get rid of them. Also several cables and electronics and what not.
4. The Proof is in the pudding!
- I'll get to it as soon as I can find a working camera. Otherwise, you'll have to deal with the lousy cellphone camera photos.

Good luck to all of us!


  1. Good luck on your decluttering. I love that when people start doing this. Believe me, you'll feel so much better for it!

  2. Your goals are awesome, Tanner! And everyone has different budgets, etc.. so nobody will think your goal s low.. It's a great goal! :) Awesome that you can sew! What project are you going to do? Good luck in February!!

  3. I'm itching to get it February yet?? Yes,I have to kick my butt re exercise too, sometimes I think I've got too many challenges going on here...Good luck on your saving, it isn't easy squeezing extra out of a budget but you did it in January!!

  4. I think, you have great goals!! We are a family of 4, and we only try to save $100 in February. For some people, it's easy for us it will take lots of effort and restrain. Good luck this month! I'm going to follow your success/your blog :)