The Budget Diet – Part Two

A Guest Post by:  Kristl, http://www.thebudgetdiet.com/ 

The Budget Diet is a diet for your wallet…not your waistline!  You’ll discover new money saving tips everyday to help you slim down your daily spending!  The Budget Diet girl is not a financial planner or an accountant…just a mom that knows how to live the good life on a budget!  Follow The Budget Diet on Facebook or Twitter.

Part 2

The Budget Diet is a diet for your wallet…not your waistline, and sometimes your overspending requires your wallet to go on a CRASH DIET!

 If you’re in need of some serious savings, consider this your weekly challenge!

 It’s a simple 3-step process, here’s how:

 #1. You must know the amount of your weekly allowance…see part 1.

 #2. Once you’re used to spending your weekly allowance and not a penny more…let the crash diet begin!

 #3. Starting this week, allow yourself to only spend half of your weekly allowance! Example: If your weekly allowance is $350, you’re going to have to live on $175…food, fun, gas, dry cleaner, etc. Continue the crash diet for 4 weeks!

This is a tough challenge, but it will force you to change some spending habits & save a lot of money!

You’ll have to think twice about every purchase!

The Budget Diet girl suggests having a reward to make this challenge more fun! So…take the money you saved & buy something you really want or take a weekend trip!  Get the entire family involved in this challenge!

 Happy saving!

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Comments

  1. This is going to be tough!!!!!!!!!!!!!!! I am going to try this! It will be exciting to see if I do it! Thank you!!

  2. Yay – you go girl! I plan to splurge on something (not sure what yet!) with half of the first week’s savings. I think that will make it a little easier to do the challenge :) Let me know how it works out for you!

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