Spending Fast Update

piggy bank

We are 3 weeks into the Spending Fast, but it hasn’t exactly been as strict as I was hoping. First of all, turns out that no matter how hard you try to not spend anything when you travel, it’s pretty much impossible to not end up at least paying for parking and a few snacks (even though we did pack our own snacks, we couldn’t resist a warm breakfast burrito on the plane!). We also had a good friend come into town and couldn’t resist meeting him for beers one night and dessert the next. Last but not least, I luckily was given a little bit of extra cash while on said family vacation, which, instead of saving like a good Spending Fast-er would, I put towards signing Brandon up for his CrossFit Level 1 Certification. And even though it’s pretty exciting that we are going to have a CrossFit coach in the family (well, in our modern cohabitating-with-a-dog family), can we talk about how flippin expensive those things are? I mean really. WTF, CrossFit.

However, we have managed to keep from going out except for with our visiting friend, and I haven’t bought any clothes whatsoever. This is actually kind of a big deal for me, because I was very much getting into the habit of picking up at least one or two small (and sometimes not-so-small) items every month; a new CrossFit tank top here, a new pair of running shoes or lifting shoes there, a massive Lulu binge or two… But I have been able to keep that impulse at bay. Speaking of bays, I also decided to sell my Lulu pants that didn’t fit on eBay instead of returning them, because apparently those things sell for a lot more on eBay than they retail for! Who knew!

I think that I may need to start referring to this as a spending “diet” instead of a fast, because I really have no hope of backing off on spending entirely with my schedule in the next few months. Between friends coming into town, another ice climbing trip planned next weekend, 2 bridal showers, a bachelorette party, 2 trips to Moab, and 2 weddings all in the next 12 weeks.. I will be lucky if I can break even let alone save anything.

My “Want vs. Need” monologue is definitely still increasing, though. And although I sometimes fall off the wagon a little (did I REALLY need to spend $20 to sign up for the CrossFit Open the day after I said I wasn’t going to…?), I have reality-checked myself out of stopping at Good Times for sweet potato fries on the drive home from work, buying mac & cheese at the store “just to have in the house,” wandering into the bookstore when I still have dozens of books on my bookshelf that I haven’t read, and buying several Groupons ranging from half-off sushi (somewhat reasonable) to a magnetic spice rack for only $30 (not so reasonable). And as a bonus, my spending diet has encouraged me to eat at home almost exclusively, and kept me from indulging in some less-than-ideal diet splurges as well–not just the sweet potatoes fries and “emergency” mac & cheese, but also the last-minute I-don’t-want-to-cook-so-let’s-just-order-Thai-food-and-pretend-its-super-healthy scenario or the it’s-the-weekend-we-should-go-out-to-brunch-and-whaddaya-know-the-special-is-pancakes scheme.

Have you been trying the Spending Fast? How is it going for you? If not, what strategies do you employ to help keep your spending in check?

 

  • Carol Setters

    Occasionally, I review all the monthly debits that quietly drain my bank account. Things like premium levels of membership or how I seem to need 3 different places to find movies to watch. Also, now that the Superbowl is over, we’re getting rid of our “basic” cable and relying on our Roku box again. And, as Terry’s motorcycle sits unrepaired in the garage, I found I could save $30 a month by changing the kind of coverage it needs for just sitting there.

  • http://twitter.com/winetoweights Jennifer

    Claire, love how real you are! :)

    Mac and cheese sounds so delicious.. and I don’t think any way of paleo-ifying it would be nearly as good as the real thing.. hm…. yum….

    I’ve been doing pretty good lately! Again, partially out of necessity, but also it’s good to have in the back of your mind.

    I did a few “wants” that were pushed into “needs”, like the Progenex (and okay, I had a coupon code so also had to buy a cute shirt.. “Do More, Suck Less”.. seriously, I need that reminder lol), the Crossfit Open, and my new lunchbag that I tweeted about like 12 times. But, no other workout clothes, no trips to Target, and no impulse Amazon buys! Though, I do have a cart-full of stuff at ae.com that I’m considering.. I have a 30% off coupon and they have 40% off all their clearance.. $18 jeans, $12 hoodies..

    But.. yay for you for sticking mostly to yours! :) It’s a great mindset to be in!

    • clairechapman

      Haha pretty sure that ae.com is NOT a need! You are also definitely in a very different situation than I am–but you can make going through a breakup about purging yourself of what you don’t need instead of trying to fill a hole with more “stuff.” I have definitely been learning a lot about my mindset surrounding the things I buy and the fact that I buy certain clothes or equipment because I want to be a different person and that seems like the fastest way to do it. Hopefully I can keep up that type of awareness…

  • Kelsi

    I think you’ve started to discover the most important part of a spending fast… and to hear you talk about it is so exciting to me! (Also, great news about the eBay sale! Yeah!) When you force yourself not to spend money, it creates a new level of mindfulness… especially when it is so easy to buy a food item here, an article of clothing there, etc.

    After two spending fasts, I started to become very uncomfortable. Not financially, but morally. What did I really value? Did my spending reflect that? Who am I when I am not buying things? If you invest in CrossFit because it is valuable to you (more so than, say, sweet potato fries), then it is worth it! But a spending fast can definitely impact the way you see things. To me, that’s been the biggest factor in the journey. You definitely touched on it in your post, and I’d love to hear more about your stance on “Want vs. Need” after your fast ends!

    Keep up the great work, and good luck, Claire!

    • clairechapman

      Totally. I think something I am also learning is that I have spent a lot of time in my life trying to “improve” myself by buying lots of trendy clothes and emulating the appearance of people I look up to… But then I would never even wear half of the clothes because they didn’t fit the unique person that I actually am. This even applied to CrossFit–I definitely have been buying the trendy CrossFit clothes because I want to dress like the pros I look up to, since actually being able to perform like them is potentially unattainable. But now that I’ve stopped randomly buying all of that “image” stuff, I have already noticed that I am more focused on changing and “updating” myself through my actions instead of my external appearance… And now my trendy red pea coat actually has found its way out of my closet because I am confident enough to wear it instead of just hiding in my dirty puffy jacket, and my CrossFit booty shorts are coming out more and more because I actually feel like I’ve earned the right to show up in them, not just because I want to look like someone else. Who knew that restricting my spending would be so enlightening?

Follow

Get every new post delivered to your Inbox

Join other followers: