For this year's Spending Detox challenge, I'm choosing 3 challenges that will help me create a strong foundation for my mindset with money.
#1 - 'No Spending' Zone
#2 - Create A Holiday Budget
#6 - Give the Gift of Time
For number one, I'm locking in, traditionally, the 4 biggest spending days of the year: November 27th - November 30th. This encompasses Black Friday through Cyber Monday, which means I'll have to avoid those pesky sales this year. Why? Because if I can avoid spending money then, I'll be good to go for ANY sale seasons throughout the rest of 2021.
For number two, I'll need to create a budget for me and my family. I won't share the actual amount, but my budget will include all unnecessary purchases for things that I want for me and my family this year. That means I'll have to keep my necessary payments in mind, like bills, but I won't actually count that spending into my budget.
Lastly, for number three, I'm going to choose to give some gifts to my family that are not physical presents, but more like gifts of time and fun. I haven't been able to spend a lot of time with family and friends this year due to the pandemic, but I'm going to make this a priority for the next 30 days. (Also, I'm traditionally a terrible gift giver, so I'll have to get creative!)
I'll use this post to keep you all updated with how I'm doing each week!
What do you think of my choices? Let me know below!