No Buy Month

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Also known as the 30-days No Buy Challenge.

If you are new to this (just like us), No Buy Month is buying absolutely nothing , except for food and medication, limiting to only the ultimate essentials for an entire month. For the whole duration, you are suppose to use up all that you already have, cut down on food & groceries budget and mainly limit shopping expenses to a zero. Rule of thumb is to NOT stock up prior to and spend extravagantly after the challenge. Food is necessary but $10 on doughnuts and coffee isn’t an essential for now. Therefore from 10th June till 9th July, I will be stripping everything back to the basics.

  • NO weekend out (can’t ‘buy’ bus tickets to get out);

  • NO coffee takeaways;

  • NO paid services (i.e. haircut/movies/massage); and

  • NO shopping. 

That being said, I will give room for ice-cream (hey summer!) and cleaning supplies. Don’t get me wrong by ‘NO weekend out’. People do go out for activities like picnic/chairty gigs which are free of charge but where I live, those doesnt exist. It takes me time, effort and money to get out therefore for No Buy Month, I will stay in and focus on these.

  • Reading;

  • Reorganizing living space;

  • Decluttering; and

  • Brushing up German (Ja! Bis morgen!).

Unlike most people, No Buy Month won’t make a drasctic change to our finances because we do stick to a strict monthly budget anyways. After paying off housing loan installments, credit card bills etc, all of our funds are then allocated into different investment mediums. If you see me eating up expired biscuits wearing stained discoloured socks, you know why. However, it doesn’t mean I am frugal. I’m an advocate of spending money on experiences therefore I do spend money on travelling. Aside from that, I do buy a little treat  from time to time depending on the performance of my investments. So if you catch me wearing a pair of new earrings, don’t call me out.

So…why No Buy Month then?

 We just came back from Australia and might  have incurred a few unbudgetted expenses. For the most part, we are saving up for a mission. Can’t believe we are now halfway through No Buy Month! So far, so good. Hold your horses because we will check back in on 9th July. Stay tuned.