Wednesday, January 1, 2014

January No-Low Spending


That Carla's at it again! Making up spending challenges right off the bat to keep us on our financial toes. And thank goodness for it! I'm in on the January No-Low Spend Challenge because, quite frankly, I need it. It's been a ridiculously spendy couple of months.

My goals are as follows:

1) $750 off my debt
2) $50 to my RRSP
3) $100 for groceries...er, £100, I mean...
4) Track my spending daily.
5) No unnecessary spending: rent & groceries only!
6) Cash only

Realistically, this is very attainable. I've transferred some funds to my Canadian bank account and should have my first debt payment taken care of in the next few days. I'm finding groceries are, generally, cheaper here than at home, so I can actually do quite well with £100 I believe. I have a few changes I want to make to my diet, so I told my cousin I would buy my own groceries from here on in. There are some markets around, but a number of the items I want can be bought and used over a period of time, leaving only perishables to replenish weekly.

Looking forward to seeing how we do!

3 comments:

~Carla~ said...

Thanks for joining in! That's a nice chunk off of your debt!! Good luck with your goals!! :)

Jane said...

Isn't it wonderful that you can move to England and still join in Carla's challenge?! Love it! Yes, no doubt you did spend a lot over the last couple of months but look where you are!! So glad you're still hanging out with us :)

The Asian Pear said...

Good luck on the January No-Low Spend Challenge!