Cash Only Challenge Update 2

Once again, I am here to give you the Cash Only Challenge Update 2. To share the good, the bad, and the ugly sides of using only cash for an entire month.

As stated in my previous post, week one did not go as smoothly as I had hoped. There were a lot of impromptu shopping trips when I actually felt like cooking dinner. I am proud to say that week two went a lot better. I was actually able to use cash in every situation I made purchases and stuck to my budget.

 

Overall Update

As an overall update, I can definitely say that week two went far better than week one. Continue reading to see each day outlined.

I withdrew enough money from the bank to cover all of my purchases, and even had some left over to spend freely on myself. Who doesn’t love that?!

Monday: Finished up grocery shopping for the week, including lunch meat and Gatorade for the boyfriends lunches. I also got some cheap nail polish for a dollar! I bought those using change. 

Tuesday: I cooked a steak dinner with baked potatoes. We bought the steak was on sale at Kroger for only $6.00 and the potatoes were only  $1.30. Can’t beat that for supper, am I right?

Wednesday: Boyfriend and I spent the day running around getting his license reissued, as well as grabbing a bite to eat. He bought that night, so I didn’t have to spend any of the cash that was in my weekly allowance.

Thursday: My boyfriend was off work today, so I decided to order a pizza for him, myself and my coworker. Paid in cash! Thank goodness today was payday!

Friday: I am hitting the ATM after work today to get some spending money out for this weekend, as well as money for the essentials such as groceries for the following week!

See! That doesn’t seem too hard does it?! I know the more that I do it, the easier it will get!

If you have any questions at all, feel free to drop me a message in my Contact form, which can be found in mymenu above.

Happy Spending & Happy Saving.

Cash Only Challenge Update One

As promised, here is my Cash Only Challenge Update One!

Last week, I had decided that I was only going to use cash for one full month. Follow along and continue reading about the ups, the downs, the good and the bad of my challenge. If you are interested in learning more about my Cash Only Challenge, click here to get caught up!

Firstly, as a person who has only used her debit card for purchasing since opening my checking out over two years go, I am actually having a really hard time with this challenge. But they don’t call it a challenge for nothing!

There is so much convenience with a quick swipe of your card, that you truly take it for granted. So far this week, there have been times that I have forgotten to go to the ATM, so I actually had to use the convenience store ATM’s which charge an extra fee for taking out cash.

I have decided to outline each day of the week as far as my cash only challenge.

Monday: I remembered to visit the ATM, and got out how much money I thought I would need for the week. Low and behold, I had to put new tags on my vehicle, which happened to be four months late.

Tuesday: My boyfriend and I go out to eat, way too often, so a lot of my cash I thought I would need, was already used up!

Wednesday: I found myself, yet again, at the ATM getting money to finish up some weekly shopping.

Thursday: It was a pretty slow day, and I actually remembered to pack my lunch for work! Saved some cash that way! Also, it was payday!

Friday: Today grabbed some extra money to include in my weekend fund.

 

I’m not sure what this weekend is going to hold for me, but as long as I remember to go to the bank ATM as needed, I won’t spend nearly as much! Once the money runs out, it runs out!

Here are some tips to make my transition a bit easier:

Tips for Success:

  1. Consider taking a little extra from the ATM to cover those impulse purchases.
  2. Follow my budget a little closer.
  3. Try to pack my lunch for work at LEAST three times a week.

Stay tuned for next weeks post!