No Spend Challenge Results (I Will NEVER Do This Again)

✅ My No Spend Challenge:    • How To Set Up A No Spend Month  (NO S...  
✅ More no spend rules & tips: https://penniesnotperfection.com/no-s...
✅ No Spend Printable: https://shop.penniesnotperfection.com...

This is probably the last time I'll ever do a strict no spend challenge where I cut out buying multiple different things. I learned a lot about myself and what I want the future to look like with my spending through this challenge.

A no spend challenge is set period of time where you go without spending money on anything outside of your essentials like bills, basic food, medical needs, etc.

Also known as a spending freeze, these no spend challenges are a way for many people to reset after a period of excess spending. This is why many people attempt no spend challenges in January after spending a lot of money on Christmas.

Despite all the flexibility in setting up no spend challenge rules there are some typical guidelines to follow.

Typical Spending Allowed:
-- Mortgage/rent payments
-- Bills
-- Groceries (basics only)
-- Medical needs
-- Gas
-- Debt payments
-- Etc.

Typical Spending NOT Allowed:
-- Restaurant meals
-- Coffee shops
-- Gas station purchases beyond gas
-- Salon services
-- Cable/Streaming TV
-- Clothing
-- Anything under the “want” category of spending

The differences in these categories or what is allowed or not allowed in a no spend challenge closely follows what you NEED versus what you WANT.

Have you done a no spend challenge? Do you find them effective or not?

➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝

SAVE YOUR MONEY

💵 SoFI (Get $25 bonus for saving $100) ➝ https://penniesnotperfection.com/SoFi

CASH BACK APPS

⭐️ Rakuten ($20-$30 bonus cash back app) ➝ https://penniesnotperfection.com/Rakuten
⭐️ Fetch Rewards (Receipt scans app, $2 referral code, MV7RR) ➝ https://bit.ly/2G0vEtZ
⭐️ Ibotta ($10 bonus cash back groceries) ➝ https://penniesnotperfection.com/ibotta
⭐️ Upside (Cash back on gas) ➝ https://penniesnotperfection.com/upsi... Code: RXZNW

INVEST & EARN MONEY

💵 M1 Finance (Get a $$ bonus for investing $100) ➝ https://penniesnotperfection.com/M1Re...
💵 Roth IRA playlist ➝    • Roth IRA 101  

➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝

CONTACT ME:

🔹 Website: http://penniesnotperfection.com
🔹 Shop: https://shop.penniesnotperfection.com/
🔹 Instagram:   / penniesnotperfection  
🔹 Amazon: https://www.amazon.com/shop/penniesno...

WANT TO SAY THANK YOU?

🔹 Buy Me A Coffee: https://www.buymeacoffee.com/YouTubeP...
🔹 Venmo/CashApp: @marypennies $marypennies

SEND ME LETTERS:

Mary
P.O. Box 240981
Memphis, TN 38124

➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝

**The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. I am not a professional and this channel is for entertainment purposes only. Do your own research!!

*Affiliate links. I get commissions for purchases you make through links shown here. It doesn't affect your purchase in any way and the commissions help support this channel. I only recommend items I personally use and appreciate the opportunity to share.