I love writing about personal finance, and my article about how a spend-nothing month can jump start your savings, which appeared on Bankrate.com today, is one of my favorites. The No Spend Month, where you and your family spend vow to spend almost no money for an entire 30 days, is a very effective tool for jump-starting savings and pinpointing your spending weak spots.
Here are the links to the bloggers featured in the article. Their stories may inspire you to have your own No Spend Month.
Rachel and her family have a No Spend Month every July, spending just $250 that month on everything that isn't a regular monthly bill, including groceries. Read more about her experience at Small Notebook.
Shannon S. and her family went on a 6-week spending crash diet. Read more about her experience at Nourishing Days.
Joy P. Harkins had a No Spend Month last November.Read more about her experience at Just Plain Joy.
And don't forget to read about my month of not spending, starting here.
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