Hello everyone and welcome back. I'm here again to attempt another month in the NO-BUY CHALLENGE over at the Saturday Savers Club. It's been two weeks since I started the new Challenge on October 1st. I wanted to wait a couple weeks to see if I would be able to handle the challenge again so soon after completing my September run.
I'm sharing with you goals for October. Learning from my participation in September, I have quite a few items I need to adjust. Since the holidays are fast approaching, I knew I needed to adjust my spending to take advantage of on-sale items I'd need for the upcoming holidays.
If you're not familiar with the Saturday Savers Club, or would like to see what this challenge is about, check out the official post here:
Here's how it works.
The NO-BUY month starts October 1st and continues through October 31, 2021. Everyone is welcome to join;
You set you own rules about what you're allowed to buy or not buy during the month. Simple as that.
FIRST, here's my monthly budget, which remains the same as shown below:
MY GOAL: Save 10% of my monthly budget = $300
As you can see, the Entertainment portion of my budget is currently 15%, which roughly equates to about $450 monthly. This area is where I dedicated myself to cutting back. I figured it would be easily attainable to meet my goal of a 10% reduction from this category
So, all I have to do now is utilize all remaining categories with care and only $150 of my budget for entertainment. This expenditure will be for holiday decor and gift wrapping accessories.
My updated DO's and DONT's chart for OCTOBER:
- Food - only dairy, bread, produce, and 3 gallons of Blue Bell Ice Cream each 2 weeks.
- Essential toiletries and housekeeping replacements. This should be minimal.
- Essential repairs or replacements. (currently working on much needed repair projects)
- 1 takeout each week.
- 1 silver or gold coin; or collectible purchase
- Postage.
- Travel and fuel.
- Holiday gift purchases.
- No new financial or crypto investment.
- No pantry storage stock items for family members.
- No shop-bought non-essential sweets or other treats.
- No ready-to-eat cereals.
- No ceramic antiques, trading cards, comic or other books.
- No new regular clothing, garments, or shoes.
- No office furniture, or regular furniture.
- No household items.
- No new magazine or other subscriptions.
To date, my total savings for October have been $100.
I accomplished this by eliminating 4 take-out meals worth $25 each.
The major change from my No-Buy challenge in September was that I allowed purchases of holiday gifts and 1 silver or gold coin or collectible purchase. I've already spotted a Commemorative Coin that interests me. I'll see you in two week to report how my October NO-BUY MONTH Challenge worked out. I know I'll be able to meet my goal.
I want to utilize my 10% savings ($300) to invest in cryptocurrency. Possibly, I'll invest in farms and new coins.
I hope you are able to join us in this exciting challenge.
@flaxz initiative #alive and #aliveandthriving (Published my October No-Buy Month Challenge Report post)
Thanks,
@justclickindiva
Happy rest of the week everyone with whatever your endeavors.
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines.
f) Saturday Savers Club logo created by me @justclickindiva in Canva utilizing its free templates and free images from PXFuel (i) and (ii).
