Saturday, December 27, 2008
What 2009 will bring
I've considered a no spend year where we just don't buy anything unless it's food or health related. But truth be told, I want to go on vacation this year with my family and I don't really want to give up even frugal gift giving. Plus, Hubby is taking me on another business trip with him in a few weeks and I will have to spend money on a few meals out.
So, what's a frugal family to do when they want to seriously cut back their spending?
1. Use up what we already own. (tea, anyone?)
2. Don't buy anything unless it's budgeted for or a necessary need. Exhaust all second hand options first before buying new.
I still want to continue my stockpile as we never know what the future holds. I'll just have to fit into the budget and buy when the price is right.
I know this plan seems simplistic. It is. I've been rather lazy with our money the last few years since we've eliminated all debt except our mortgage. I'm still naturally frugal so we're in good shape but I am an admitted boredom/entertainment shopper. I have better ways to spend my time and money than shopping for the sake of shopping. Plus, those times when I really do need to purchase something (Easter basket goodies, Christmas) it will seem so much more enjoyable.
On a related note, I was gifted with $125 in Christmas money and I'm not sure what to spend it on. Right now I've got it socked away but I'm thinking it might be my garage sale budget for next summer.