Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, March 7, 2011

Spending Challenge

I came across a new blog today http://www.closet-fashionista.com/ and noticed something very interesting in her sidebar.  It is called The Spending Challenge.  She wrote a pledge, has a spending limit and keeps track of her spending each month.  I think that is a GREAT idea and I am going to join the challenge!  Check out her blog post where she talks about it here http://www.closet-fashionista.com/2010/08/closet-fashionistas-spending-challenge.html
 I am trying to buy a house and I NEED to stop spending money! 
A complete spending ban is just not for me (Frugal February?  Yeah right!) so I am hoping this will help my spending problem!
Here is my pledge:

I Kim; AKA LabelSnob pledge
that I will not spend more than
$200.00 a month on non essential items
such as
clothing, makeup, beauty products, mani-pedi's, hair cuts or any body or hair treatments. 
Before purchasing a product I must think long and hard...

Is it a NEED or WANT? 
Do I have something like it already? 
Will it fit within the monthly spending challenge budget? 

I will not count any gifts for others in this challenge, only items purchased for myself. 
I will not count necessary items I use and need on a daily basis-however I pledge (and this is the big one!!!) to use up what I have (especially makeup items that aren't being used) before purchasing anything else (when possible) even if it is an item or product I use each day(ie: use up all those foundations and lipsticks!).  But I am not counting things like soap, deodorant, hairspray...
I will keep track of my monthly spending here on my blog!

Join me in this challenge if you are like me and need to curb spending!!! 
Thanks Closet Fashionista for this idea. 
XOXO
Label Snob