Comments on: No Spend Days: What’s The Point?

By: MoneySmartGuides

MoneySmartGuides — Mon, 16 Apr 2012 16:20:32 +0000

I’m more of an impulse spender. I’ve learned to deal with it by making me wait a few days. If the urge is gone, then I don’t buy it. If the urge is still there, I question it some more.

I do agree with your reasoning. There is no point to not spend if you are simply shuffling the days you do spend around. It’s like the chain emails telling you not to buy gas tomorrow. OK, but that just means I’ll buy it the following day.

By: Weekly Update 11 | Evolving Personal Finance

Weekly Update 11 | Evolving Personal Finance — Mon, 16 Apr 2012 03:07:23 +0000

[…] day on groups of people for whom No Spend Days would and would not work. Daisy discusses daily impulse spenders vs. people who would spend anyway and Well Heeled discusses abstainers vs. moderators. I am totally a person who would spend anyway […]

By: Mikhaila

Mikhaila — Sat, 14 Apr 2012 20:24:12 +0000

I feel this way about those challenges that are all “10 days without spending ANYTHING” because then you can just prepare for it and do all your spending beforehand, and survive for ten days. Don’t get me wrong, not buying anything for ten days would be hard! I just don’t like the idea of preparing for no-spend scenarios.

I’m also an impulse spender and a daily spender, and sometimes I don’t even notice if I’ve had a no spend day or not. If I have, it’s likely because I’ve stayed inside all day or managed to bring my lunch and make my coffee at home – small victories!

By: 101 Centavos

101 Centavos — Sat, 14 Apr 2012 01:32:25 +0000

Pushing purchases out past no-spend days is a bit like fasting during the week, and binging on the weekend. Not terribly effective.

By: femmefrugality

femmefrugality — Fri, 13 Apr 2012 22:54:13 +0000

I inadvertently have no spend days. Like today: we went to the bank to make a deposit and the park to play. We do stuff like this a lot. I think our lifestyle just lends itself to running into a day once or twice a week where we don’t spend any money. So I couldn’t really speak to a challenge, though it would seem to me like you’re right in your conclusions.

By: Friday Night Links: Maze Edition

Friday Night Links: Maze Edition — Fri, 13 Apr 2012 07:04:29 +0000

[…] Add Vodka – No Spend Days: What’s The Point? […]

By: TeacHer

TeacHer — Thu, 12 Apr 2012 23:00:37 +0000

I never thought about it this way, but YOU ARE SO RIGHT!!!!!!

By: Michelle

Michelle — Thu, 12 Apr 2012 20:39:10 +0000

I don’t track things to a T like that anyway. I look at overall how much we’re spending in each category per month. Today was a “no spend day” so far, but nothing to be proud of or anything…because I did eat and use my car (food and gas) but just bought those items on a different day. 🙂

By: jefferson

jefferson — Thu, 12 Apr 2012 15:09:35 +0000

i have to agree with you for the most part, daisy. if you put off an expense for the next day– it really isn’t worth it.

the same goes for putting off an expenses at the end of the month just to keep your monthly “budget” below a certain threshold.

that said.. by striving for a “no spend day” you can perhaps dissuade yourself from buying something that you would have normally bought.

By: Investing in Silver

Investing in Silver — Thu, 12 Apr 2012 13:35:17 +0000

I can see no spend days working only if you are not spending on something that is a necessity. If you are putting off buying groceries until the next day, you really aren’t saving anything. If you are canceling a night out that you won’t make up for at some time in the future, you will save.