Do you know the benefits of the No spend challenge, and how can it change your spending habits? If you have never paid attention to your spending habits, try to do a no-spend challenge. It will help you introspect your spending patterns.

How to start a no spend challenge to build savings

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There are no specific rules, and you can make your own rules, but you should stick to those rules during your No spend challenge.

How a No spend challenge works

No spend challenge is when you will not pay any money on your wants. It may be a month, a week, or a weekend. It depends on your personal choice and how long you will be able to stick with it.

More extended the period of the No spend challenge and more remarkable would be the rewards.

Moreover, not spending time will help you curb your buying temptations. Once you taste success, it will be easy for you to take on more considerable no-spend challenges.

Make a goal of why you want to save money.

You may want to save money for travel, paying off debt, or college fees. Make a goal of how much you want to save and open a separate bank account to keep the saved money.

If you are worried about going through it, try to keep it for one week and see how it feels.

Chose a time frame

No-spend week: Some people love to do a No-spend week. This can give you some insights on how to take this challenge. Once you can go through this, you may be better at tackling a No-spend month or even a year. I did this by not buying any clothes for two years.

No-spend weekend: If you love to go to paid events and activities, a No spend weekend will save money which you can add to your money-saving goal

No-spend month: You can go for a spending month after trying it for one or two weeks. You will need some planning to make it successful.

Rules for No spend challenge

Though there are no specific rules, you can try these to start, and don’t get overwhelmed.

Allowing only basics: Some people allow groceries and necessities during the No spend challenge. This can be allowed if you don’t stock up on groceries.

Stacking up groceries: You can stock up on groceries for one month before starting your no-spend challenge.


How to save $5000 in 52 weeks

How to stop spending the money you don’t have

1. Make a list of necessities

If you are ready to take this challenge, start with the necessities you cannot skip. You will need to spend money on these anyway.

  • Mortgage
  • bills
  • Medicines
  • Basic groceries
  • Insurance
  • Internet
  • Pet food( if you have pets)

Items to stop spending on

  • Activities
  • Paid outings and entertainment
  • Clothes
  • Shopping for fun
  • extra cosmetics( hair/nail care)
  • Anything which is not required

35 fun activities you can do in a No spend month

2. Why you want to do it

As you know, why for anything is more important than anything else. When you have a clear why you are more inclined to take the necessary action, write down why you want to do a no-spend challenge.

If you wish to save for emergency funds, travel, want to pay a debt, or save for a college fee.

Have a clear goal and stick to it. Then, focus with full attention and save each penny towards that goal.

Write down your plan and tape it somewhere you can quickly see, for example, in front of your bed or on the fridge.

3. Make rules and stick to them

You can make rules about how you want to go through the no-spend challenge.

Restrictions can include the items you will need anyway. These are medicines, fresh produce, dairy, or other specialty items.

Also, rules can be made for the activities you have to stop doing.

4. No impulse buying

Firstly, keep a big note in your wallet “I am on a No Spend Month.” This will help you remind that you don’t have to spend money on unnecessary things.

Whenever you open your wallet to pay by card or cash, you have that big note in front of you. It will help you in stopping you from impulse buying.

Make sure your debit cards and credit cards are hidden somewhere. This will save you curb the urge to buy something you don’t need.

5. Cook from your fridge and pantry

Cooking from your fridge is a big money saver. So many items always lie in our pantries and fridge. Instead of keeping your fridge full of fresh produce, empty it by cooking from whatever is left. Also, cook from your pantry.

This is a huge money saver. You won’t believe how much you can save by doing so. For example, the week I don’t go to buy groceries and cook from the fridge and pantry, I could easily save around $150 a month.

6. Only buy fresh groceries or medicines if you need

First of all, write down what you will need for a month. Have a look at whether your toiletries and laundry supplies are in place. And only buy those things which are necessary. 

Buying all the necessities will help you curb the temptation of going to the supermarket to buy the basics.

Start your month by cooking with whatever you have at home. It will save your trip to the grocery store.

Only buy fresh food if you need it. However, sometimes you need to purchase perishables because you cannot keep them fresh for a very long time.

7. Go for free outings

Stop going for paid outings and opt for free excursions. Paid places like amusement parks and other fun activities cost a lot.

Instead, plan free activities to save money. Then, check out online, where you can find free events to have fun.

8. Use this time to earn more

You will miss those if you have a habit of going for outings. To distract your mind, try to engage yourself in some money-making activities.

There are many ways to earn money, like watching videos and surveys.

Here are a few survey sites you can sign up to start doing surveys and earn money Survey Junkie

Also, you can declutter your house and sell any unwanted stuff. It will give you some money to save towards your saving goal.

9. Take your food while going out

As you are on a no-spend month, paid outings and eating out while on free tours are not a choice anymore. Instead, you can plan free outings with home-cooked food.

Eating out is always expensive. Take your water and food with you and enjoy your day without spending money.

10. Cook your food at home and make your coffee

Suppose you are working and don’t get time to cook, meal plan, and take your home-cooked lunch with you. This will save you a tremendous amount of money.

I always get that temptation to buy coffee whenever I go out. And one cup of coffee costs a lot if added. Make your coffee at home. Don’t worry about the taste; you will get used to it. A coffee a day doesn’t feel much but adds up to a lot. These small purchases don’t feel much but take a considerable chunk of money out of your pocket.

How to do a no spend challenge and start frugal living journey


I hope this will help you take on a No spend challenge. I know it is difficult when you do it for the first time, but once you taste the success of saving money, you will start getting temptation to do it again.

I am sure by now you are ready to take on this challenge. Good luck with your success. I will be thrilled if you can save money with a no-spend challenge.