Tuesday, October 28, 2008

Step #2

Forget The Joneses Project
I am participating in the Forget The Jonses Project (started by the MommySavers Forum), which involves 100 steps to get back on track financially, simplify, and add more meaning to your life. (You can read an outline of Steps 1-50 here.)

Step #2 - Go On A 21 Day Spending Freeze

What is a spending freeze? MommySavers says, "To put it simply, no more spending. Zip. Zilch. Nada. You’re not allowed to spend money on anything but necessities. Use up the food you have in your cupboards. Your grocery budget is now limited to what you must buy (milk and toilet paper, for example). Think of it as “Mommysavers Survivor” except the only prize at the end of the game is the money you’ve saved."

"Why 21 days? Research shows it takes approximately 21 days to make something a habit. During these three weeks, the habit of questioning wants vs. needs will be reinforced."

So, today was Day #1 of my 21 Day Spending Freeze. I did buy a few supplies that I needed for my jewelry business. I really wanted an Egg Sandwich from Dunkin Donuts, but I stayed strong and came home and cooked up some eggs and homefries instead.

The freeze for me will last from today, October 28th through November 17th.

This is going to be hard!