A few days ago Yahoo had a posting: 10 days, no spending. I think it’s a good exercise but the article itself was extremely flawed. The article pretends that everything you buy is wasted money.
The bills that were supposed to come due during the 10 day period were paid ahead of time. I’m not sure where the savings is there. The writer also said she had enough gas in her gas tank. She had ½ a tank. Am I to assume that if she had a full tank she would have driven around town more often just to use the gas? I do suppose that if you only had ½ a tank that you may combine a couple of trips together and not run to the store as often, but with the price of gas as it is, I don’t think people are doing much pleasure driving anyway. She said she worked at home so her gas was for running around doing other things. I guess if you needed more than one tank of gas in a week then you'd have to miss work.
You are supposed to go through your cabinets and make sure you have enough food and supplies for 10 days. If you don’t have enough stuff then run to the store and get your 10 days plus worth of stuff. Then during the 10 days you use this stuff up. After the time is up you do have to replace your food so there isn’t any savings unless you end up eating food that you would have thrown away.
She said that removed all money sources from her purse: debit card, credit cards, and checkbook. She actually locked them up in a safe for the 10 days so she wouldn’t be tempted to spend. She said at the end of her experiment she had so much more money in her bank account since she is normally an over-spender. She wants to repeat this each money to increase her savings.
Doing what she did, and actually saving money, can only be done if you do one thing. Stop going to the store. Don’t make shopping a sport or a hobby. Don’t buy what you don’t need. Don’t buy convenience. She would save lots of money by making her own food rather than going out to eat, but this wasn’t brought up in the article at all. I thought the article was stupid.
But, and there’s always a but in my world, what if you looked at this as an exercise in survivalism or preparations? Then this would make sense. Try it to see if you are prepared for 10 days. Don’t do like the author suggested of checking your preps to make sure you have everything in advance. Just start tomorrow and try to see how long you can make it without shopping. Or maybe tomorrow isn’t a good day to start since it’s a weekend and you probably have some fun plans to do something which will cost you money.
My first downfall would be fuel. Not my personal vehicle. It is full of gas and now that religious school is over for the summer for the grandkids I should only be filling up the tank once a month plus any out of town trips we take. My work truck needs fuel. Yesterday I almost went through a full tank. On the other hand, I’m not the one paying for that fuel (yes I am, I pay taxes too!) so perhaps the work truck shouldn’t count in the experiment.
I’m starting this today. I may lose next week anyway. My sister wants us all to go to