Ethridge Family

Living life in stunningly beautiful North Idaho.

Thursday, June 28, 2007

The Money Fast

I've been thinking and well, we've decided to go on a 'money fast'.

For us this means that we will not spend any money for 30 days. We are making only the following exceptions:

1) There is an event we want to do as a family that is in the middle of July. We will pay for entrance to this event only and have pulled the cash aside ahead of time.

2) We are not counting gas in this as we are planning on doing free things that involve driving.

3) Groceries will be purchased in advance, in bulk, and a nominal allowance will be available (in cash) for weekly fresh items. I am toying with the amount. I don't think that $10 is enough for our weekly fresh items, but I'm willing to give it a shot.

We are doing this for some specific reasons.

1) We are too dependant on money. When we want to do something, we aren't necessarily creative in our thinking on how to do that thing without spending money

2) It's good for our souls. We want our focus on life to move away from things (we don't really focus too much, but we want it to be ever farther away from things).

3) It's good for our budget. Everyone needs a re-evaluation every so often to be reminded what needs really are and to reshape your budget.

4) It stretches our creativity. This pretty much speaks for itself. It gets us out of the rut of 'traditional' society.

It is my hope that I will be able to share, on a daily basis, what we've done, accomplished, failed at, vented about, etc. through this process.

Labels:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home