Wow, Frugal Yet Fabulous Holidays (FYF Holidays for short) is getting a lot of positive response. Thank you, it really makes me excited. Seems like I am not the only one feeling the need to get back to basics. All of the changes in the economy have really influenced my relationship with money. I have begun to really think about what I am spending money on. I am not saying I used to spend money willy nilly, but I did have a general feeling that there would always be more. That feeling did make it easier to say yes to an extra inexpensive item while shopping, because was an extra $3 or $5 really going to matter? (How easy is it to do this at Target or the grocery store?) Well, now I realize it does. Those extras add up fast. Not spending money on those extras might have added up to a new computer or a new camera or even more simply made me feel more comfortable right now.
I really hope that the lessons I am learning stick. I am appreciating what I have more. I feel like I have accomplished something when I write a grocery list and stick to it while shopping. I feel proud knowing I am saving and know when I meet my savings goal I am going to feel even more accomplished when I can comfortably by a new computer, no credit involved. I know I will love it that much more. Do any of you feel this way? That even though times are harder right now, the experience may be bringing us back to things that really matter?
One of the ways I am watching my money this month is to challenge myself to a pretty tight grocery budget. Its just me, so I don’t spend a ton on groceries, but I do find that I often buy a bit too much and sometimes waste more than I would like. This is a big month to limit grocery spending, especially with all the holiday baking, but luckily I have already bought a lot of the basics. So, my goal is to only spend $75 on groceries from December 5th through 31st. If I plan my meals, use coupons, write lists and stick to them, I should be good to go... And still be able to cook/bake up many fabulous holiday meals and gifts.
I will be tracking my grocery challenge on my iPhone. I have a great little budget application called Spend. It allows me to create budgets and track my spending and provides me with an amount left total. I used this last month to track my miscellaneous spending during the week. It was a great learning experience and bottom line, I buy too many sodas (I know, I fell off the No Soda April wagon a while ago).
I'll keep you posted along the way. Happy Friday!!