No Spend January – Was it worth it? How much did you save? #nospendjanuary #frugal #nospend
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I run through our no spend month giving you the actual numbers. Frugal Queen in France Like the menu board & Budget Book?
Hi Jane
Great video. I miss January but I’ll start on February. Thank you for your great ideas. I love your videos.
As a single parent, i earn half of your total. I still save every month and i wonder what people do with all their money. Bigger isn't always better. Thanks for another great video.
We have just had to replace our washing machine and car exhaust on the first of February. Thank God we have savings.
Congrats all on your achievements everyone! This month threw me for a loop as I planned to start 2022 with a big savings goal but had to replace my car several years early due to other careless driver. I usually focus on needs on a monthly basis. So a big spend month but careful scrimping overall and emergency savings truly came to my rescue.
My husband and I are 84 and 80 and we are having to hire help to do the ordinary things we always did ourselves – like yardwork, and deep housecleaning. We are also having heavy medical bills that we never expected. Thank goodness we always saved – and continue to do. No spend January was fun! We saved about $200. Love your channel.
Where do you keep your long term savings? Do you still have savings in the UK? (I only ask as we re leaving the UK soon and wondering if we have to close everything before leaving)
Oh my goodness we actually saved £443 how amazing is that! Thanks so much for your weekly motivation. Really appreciate it
Is a no spend month worth it? For me, no, it isnt – not this year. The cost of living is rising steeply and never going to drop.What we are doing is having a no waste year. We are doing such things as planning our money and time budget. We need no new clothes and don't need to go out or away for leisure, since we live in a place like those places we used to go to for holidays and have plenty to do here for pleasure.
There are still things we need to do to our home. As labour and materials rise monthly, we are using our income for three things, food costs, putting regular Murphy money on one side and the balance goes on something like replacing our gutters one part of the house, putting a new door on, before the cost rises further.
Our time is budgeted to ensure we, rather than a tradesman, do the work for that. We plan menus and now shop once a fortnight to save time and money by not making the thirty mile round trip to buy even a single bottle of milk.or a weekly shop that takes a fifty mile trip.We
We are saving by investing in things that will soon reach prices that will be making life comfortable in the future.
For us, we feel it is better to have a strong, cosy home that will make living cheaper when there is no spare money because of inflation than savings that are being eroded in value by inflation. Once the house is in good shape, we will think again. We saved by cutting up and paying off the credit card and are now paying off the mortgage as fast as we can.
Interesting plan .oved it
Hello. I am hoping you will teach me some new tricks. Great video thanks for sharing. New friend here.
Thank you so much for posting these videos. You have no idea how they have helped me. I am so grateful that you have shared your wisdom and experience.
Sharing your budget is very helpful. It shows all the things we should be thinking about and I never did. My no spend January enabled me to pay all my regular bills in full and put extra on credit card debt. I am doing a Frugal February similar to no spend January except some things need fixing/replacing. Researching ways to repair things I already own and need and/or use regularly. I have two left thumbs so this should prove interesting. I am also looking to replace a couple of items but will look at second hand and may have to budget for and replace in a few months down the road when there is enough saved to pay cash. Thanks again Jane and Mike for your hard work.
As ever, thank you for your total honesty. No doubt at all it’s worth the short term pain of a NSM!
My personal no spend January goal was not to buy anything for my hobby this month! I know I spend too much on it usually but I was determined! Perhaps it’s only a small amount in the large scheme of things but it meant a lot to me and I feel good about it! Now to apply this principle for further months as every little helps! Thank you for a helpful and well explained video!
Hello! Thanks for thé super vidéo! Living in France myself, I round that switching total énergie saved me a lot of money with electricity. Also m'y health complémentaire ou mutuelle was 20€ cheaper when I switched to crédit mutuel. It's a bank but the coverage is excellent !
I have $9.44 left from my $80 food budget in my No Spend January. I will be rolling it into next month and doing a No Spend February. I had a fun time watching videos from you, Tess, Shoestring Jane, Claire and Jo. My biggest takeaway is that there is absolutely no lack. I'm not suffering in any way, shape or form. The stigma of frugality being hard, dull and full of lack has been broken. It's the opposite. I have become more creative and learning how to stretch my food, collecting ideas from watching your videos and teaching myself new skills. Onward to No Spend January 💗
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Great
May I add something Jane? Please encourage your followers to make sure they are fully informed on all aspects of retirement savings, accounts, wills etc. Often one member of a couple does some things and the other one certain things. A sudden death or major illness throws everything in a basket and is really scary when you are traumatized. So complete and total transparency, organization including passwords! Thank you
It is nice to see how you budget for your saving.
Congratulations, you did great !! January "No Spend" was a success !!
I grew up learning to budget with my mother. We were very poor but we worked hard and budgeted. This helped me with college, work, savings and owning my own home as I now do. As my my mother did. It’s the best feeling to know that it’s mine. Goals are obtainable when you have a plan. I really enjoy all your vids. Finance, food and cooking, quilting, shopping, projects and your home. You and Mike do a good job!
Hi jane/ Michael:
Had a forced 1/2 no spend January, had a fraud issue with my bank and had no card for 2 weeks. Yikes!!! No access to my money…. luckily my pantry held up quite well, I had just filled my tank in my car, so we survived relatively unscathed. And I 1 amazing outcome of that is I saved a huge chunk of monthly cash. Goes to show no spend months really do work.
Thank~you Jane, 💰, So inspirational, 🤞💗
I have picked February as my no spend month since my monthly income is the same and there are fewer days in February then any other month of the year. January is my catch up on bills month for those bills that got lost in the mail.
Great video, I saved so much this month by doing no spend january, and sticking to my budget, have a great week!
Jane, I did a no-spend January and was shocked by how much I came to love the frugal/spending reset after the insanity of the holidays :). We saved over $1k this month (USD), didn't feel deprived, and still have tons of food in the pantry and freezer. Also, I finished sewing and knitting projects, started new projects, read a ton of library books, walked, explored, baked, cooked, and experimented in the kitchen. This is a long way of saying…thanks for the push! It was very needed and appreciated!
Very well done.
I've had no spend days, weeks, months and years. Now I've "graduated" to a no spend rest of my life. I'm getting used to it.
Does the exchange rate between the pound and euro affect your monthly income much?
Fantastic as always!
Most of my months are no spend other than necessities…I no longer feel the need to wander around shops….
I hope your subscriber numbers are up as your channel is SO worth it!
Thank you, once again, for an encouraging and informative video. I always look forward to your videos.
If I am being honest my no spend January was horrible. I only spent on non essential things twice, only ended up saving about $100 and was miserable. I couldn't go do anything with anyone because I couldn't pay for my part, I was so lonely and I got really depressed at one point. I do not think I will be doing a no spend again. For me in my situation it just does not seam worth it.
Another great video.
45% is fantastic Jane!
I truly love your property.
This is fantastic!
I did a no spend January this month also.
I found myself several times…having to check myself and remind myself of no spend January.
I saved a good amount.
We have had a no-spend month because of you. Thank you! Enjoy your recipes, too.
Great video as usual ! I didn't know about your January no spent challenge but almost achieve it. The most of my spent went for fixed house charges and saving. I even added more in my savings after getting my salary.
During 15 years I had a big mortgage for my house, and lost few jobs or had short terms contracts. In France, with these contracts, you get 10% of your gain as precariousness indemnity, and I always saved them : lI wanted to be able to buy a washing machine if mine broke, or a small car. So, when people wonder why I didn't use for holidays, I kept saying "I live on my own income, can't get other credit for a car I mine breaks". And with house equipment, we all know that there break down all together. :)))
I have never done a no spend month, but it does make sense to do it in January because of all the holiday spending we do in October, November, and December. We do have sinking funds and do set money aside every month for vacations or as you call it, holiday. We also have an emergency fund and long term savings. We will be retiring in the next few years and will receive government pensions, social security and we have been investing in 403B accounts as well. I wish I was more disciplined with my budget the way you and Mike are. It's a work in progress and watching videos like yours gives me encouragement. I try to surround myself with like minded people but my family circle are spenders. We are very thankful that our children are frugal.
Jane you and Mike offer such practical and honest support. I didn't do the no spend this month but I have cancelled some subscriptions and am looking at culling a few more. I am looking at a new (for me) car in the next 2 years and am paying cash! Love your frugal recipes.
Fabulous month . You came into my life at the right time . I started watching at the beginning of January did a no buy now I’m
Doing a no buy Feb … we saved over $3000 Australian just by not spending money on anything that wasn’t budgeted for . We ate well , and are so proud of our achievements. It was easier than we thought it would be … we have a goal to buy a house and need a huge deposit. So it will be a no buy year I think but that’s ok to have savings in the bank , emergency fund and a deposit . Fingers crossed 🤞. Thank you again xxx
Yes ! Last year , Spring was a spendy time for me. Things just kept coming up, but I had the savings to pay for them. I'm hoping this year will be a much less spendy year. Well done Jane and Michael. tfs 🥰❄☃☔🏜💗✝🔆