March Challenge - Fiscal Fast
March 4, 2008
The wife and I are committed to a fiscal fast for the month of March. What is a fiscal fast? Let me explain below.We will not spend money.
- We will still pay our monthly bills.
- We will do our best not to buy ay groceries besides the necessities (milk, eggs, and bread)
- We did not stockpile a bunch of food to make it through the month.
- Not buying any alcohol. Now if friends want to share that is a totally different story.
Today is day 4 of the fast and so far so good. I think we’re heading to the mall tonight to get some exercise. There will be plenty of temptations around us, but I think we’ll be ok with NOT spending any money. Stay tuned…
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Total Money Makeover by Dave Ramsey
A must read for anyone who is looking for some 'average Joe' money advice. Stay tuned for my diary of The Total Money Makeover.
Does that include not spending money on gas? My wife would never make it…good luck to you!
Well, the first week was a piece of cake, but week 2 sucked. I think we were a bit unrealistic when it came to this challenge. My wife and I were sitting at home and both looked at each other and said ‘we NEED to go out to eat!’. So we did. We split a meal (which took the cost down, but still broke the fast.
Lesson learned: Set reasonable expectations when setting your goals.