January 2020 No Spend Recap

The bad news is time flies. The good news is you’re the pilot. – Michael Altshuler

Earlier this year I posted about having a list of 20 for 2020 items or mini resolutions for 2020.  Here is an update on my 20 for 2020 progress. 

  1. CREATE – My professional Theme for 2020
  2. Attend a meditation workshop
  3. Hike Lehigh Valley Gorges
  4. Hike World’s End
  5. Hike Ricketts Glen
  6. Write articles of inspiration and motivation weekly – On my way 😊
  7. Pay off car – On my way 😊
  8. Yoga on Times Square
  9. Run a race
  10. Develop a daily abdominal workout – It is 50 crunches or something abdominal related. 
  11. Find a new recipe for breakfast – Found a migraine avoiding (as best as possible) Blueberry Smoothie. 
  12. Read 5 fiction books
    • Read
    • Read
  13. Go to a car show
  14. Research compost methods to use at home – Not going to happen at my house
  15. Contribute max to Roth-IRA – On my way 😊
  16. Attend an author/podcast tour show – Schedule for By The Book podcast’s book launch/author/host event in NYC
  17. Take a photography class or learn from YouTube
  18. Zip Line
  19. Do the No Spend 2020 challenge – On my way 😊
  20. Plan a motorcycle day

In addition to the fun stuff in my 20 for 2020, another goal was to not shop. 

This is a carry over from 2019 when I could finally say I think I have my shit together.  Here are my shopping/spending rules. 

What is going to happen in 2020?

  1. Going to continue my no shopping ban.
  2. Paying off my car in 2020 approximately 23 months after purchasing it.
  3. Credit cards will not be used except for pre-planned expenses that are charged to the cards to keep them active. The cards will be paid off each month. Pre-booking a vacation is the only other time credit cards will be used.
  4. The same essential, approved, and non-essential list concept continues.
  • Essential List:
    • Groceries
    • Toiletries (only when I run out)
    • Cosmetics (only when I run out)
    • Gifts for others
    • Training sessions and gym membership
    • 20 for 2020 items
  • Approved Shopping List:
    • Replacement running shoes
    • Purchase anything that must be replaced, but the original item must be discarded
    • Brooklyn Public Library annual membership
    • Amazon Prime
    • Peppermint, lavender, or orange essential oils
    • One yoga event (updated this is Yoga in NYC)
    • Haircuts and all hair color must be done at home
    • Family adventures
    • Three books if they make the cut
    • End table for the living room
  • Non-Essential List
    • Books… go to the library
    • Magazines… read them quick while in line at the grocery store
    • Yoga classes… doing yoga at home
    • Manicures and pedicures

Did I follow my rules?  Sort of.  I decided to cut the cable bill.  Check out the post about my battle with the cable company.  Cutting the cable bill required the swap of a $15 per month extra channel plan with $6 per month HULU.  Then in order to stop paying the $5 per month equipment rental fee, I had to purchase a $30 ROKU.  I am still buying and returning indoor antennas.  So far nothing is working to get the free channels.  I guess you could say that while I spent the money it only reducing my expenses for the future. 

I also bought my dog boots.  His paws needed some extra protection during the winter on walks.

How much did I save?  I contributed the expected amount to my Roth-IRA (33% of my savings goal).  I paid extra on my car (40% of my savings goal).  The remaining 23% was spent paying off my credit cards after my not so perfect budgeting. 

What is on the horizon for February 2020? 

I plan to finish my 3rd fiction book, City of Girls by Elizabeth Gilbert.  I just started the book and has sucked me in.  This book has me so hooked I wish I could take a day off from work to read it. 

I plan on contributing 33% of my savings goal to my Roth-IRA and 80% of my savings goal to my car.  After having to cut back on my extra payments to my car due to my not so perfect budgeting, I decided to pay a little bit extra on my car. 

Are you doing any no-spend challenges?  How are you making out? 

Although no one can go back and make a brand new start, anyone can start from now and make a brand new ending. – Carl Bard

6 thoughts on “January 2020 No Spend Recap

  1. I don’t do any no spend challenges but I have really been trying to be more mindful and intentional when I buy something. Instead of just buying something because I want it, I really try to consider if and how I’ll use it, where I’ll store it, do I already have something else that could fulfill this purpose, will this item bring me more joy or happiness, etc.


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