No Spend Month
With credit tightening and expenses mounting, many people are looking for ways to cut spending. In the US such and effort is being co-ordinated by the good folks at Wesabe. They promoted the latter part of October and most of November as a No Spend Month. Here are their eight tips to having a successful no spending month. 1) Examine your spending habits for the past few months. 2) Analyze your motives for ‘non-essential’ purchases. 3) Begin developing counter-habits. 4) Choose a realistic time period to launch your No Spend Month. 5) Use a money management tool. 6) Figure out the things you enjoy and how you can do them for free. 7) Focus less on changing numbers and more on changing habits. 8) Find a support network to check in with and post your progress. Read more on the Wesabe Blog.