It’s a new month which means it’s time for a new budget! Before I share my September 2018 Zero-Based Budget video with you, I want to talk a bit about why I have decided on a no eating out challenge.
Why A ‘No Eating Out Challenge’?
When I looked back at my August budget, I realized that I spent a lot of money on a lot of things. Sure, many of those expenses were planned. But others were either poorly planned or not planned at all.
There was the wedding trip that cost me close to $400 including the gift. Although I really enjoyed the weekend with my family, it was a pretty expensive trip. I bought shoes I didn’t really need, and splurged on a pedicure that I could have done myself. I was a guest, not the bride!
I also went over budget in several categories, including groceries and personal spending. I didn’t meal plan, which hurt my grocery budget because I went to the stores with no list and no plan. I also ate out five times in August. Five times!
Looking back, I could have made better decisions. Although it is important to enjoy life while budgeting and paying off debt, it is equally important to practice self-control and discipline.
I should also acknowledge that I paid an extra $700 toward my student loan and over $800 in my sinking funds. That’s awesome, and I’m proud of myself. But, I am seeing not-so-good spending patterns in my groceries and personal spending and I need to get a handle on that.
So, I’m challenging myself to avoid eating out for the month of September. Not only will I save money, I’ll also be forced to start meal planning again which will, in turn, help me stick to my grocery budget. It’s a win-win situation.
Okay, enough chatting. Here is the September 2018 Zero-Based Budget video. Enjoy!
September 2018 Zero-Based Budget
What are your plans for sticking to your budget this month? Have you ever done a no-spend challenge? How did it go?