Connect with us

Hi, what are you looking for?


Start the Year Right with a No-Spend Month

saving money
vinnstock on Deposit Photos

Is your bank account busted from cyber week deals and holiday shopping? Maybe you went extra hard on the food shopping to make things special during such a turbulent year. Either way, I know how it feels to need a little financial recovery. That’s why I’m going to try a no-spend month, and you should, too! It should help us catch up on credit card payments and save a little to start this new year off on the right foot.

What’s a no-spend month?

A no-spend month is almost exactly what it sounds like. Of course, you can’t spend zero dollars in a month because there are still necessities such as food, heat, wifi and electricity. The goal is to stop any unnecessary spending for at least a month. For me, that means deleting my DoorDash and Uber Eats apps to avoid buying late-night snacks and desserts. Plus, my real weakness, mindless scrolling on Amazon and clothing store websites

Why this challenge?

It can feel like a lot of pressure to commit to a no-spend challenge, but it could be worth it. For one, it allows you to get creative and find new ways to have fun instead of meeting for drinks or going to the movies. Not to mention the creative solutions you’ll find for the food in your pantry once going out to eat is off the table. A no-spend challenge also allows you to take a hard look at your budgeting to realize what you absolutely need, and what you tend to spend on that isn’t necessary. This way, you can start to save more money in the long-term by eliminating or cutting down on bad spending habits. Of course, it’s alright to splurge every now and then, but you shouldn’t spend constantly and uncontrollably. Once the challenge is over, you may have a better idea of how you should handle your finances going forward.

Learn more about financial literacy here.

4 hours ago
Texas has been giving California and New York a run for their money. But the recent power grid failure is a canary in the coal mine for its long-term issues.
6 hours ago
AI And Healthcare: What Is The Greater Impact? via @YouTube
8 hours ago
What Is Artificial Intelligence? Let's Break It Down For You. via @YouTube
8 hours ago
If you don’t know what’s going on in the world, here’s a little rundown✅
1 day ago
Black Entrepreneurs Are Underfunded – Here’s How to Help -

You May Also Like


Have you ever heard that Denmark is the happiest nation in the world? In this segment on happiness, we hear from our guest host...

Bold TV

Welcome back to Bold TV! Join our hosts, David Grasso and Julia Sun, and watch live at 12PMEST on Facebook and Twitter. *Update: Watch...


I am a Robinhood user. I downloaded it to enter the world of investing. Some of my friends from college recommended it because it...


Zillow’s recent site updates caused a glitch that removed reviews and sales from realtor profiles nationwide, possibly taking away credibility and the prospect of...

Copyright © 2021 Bold TV