The Dollar Diet

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Day 28: It's over and our wallets are fatter for the effort!

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We've made it.
Barring any impulsive behavior today, my family and I will have successfully managed to live a relatively normal life without spending a single extra dime in the month of February.
I'm pretty proud of that.

How much money have we saved?
That's been the question many of you have asked over the course of the month. And a question I've pondered myself. Until today, I really hadn't kept track.

I tallied up the numbers this morning and was kind of surprised at just how much we saved. It just goes to show how much mindless spending goes on in the world even by the so-called frugalistas of the world like myself.
I did not include any money saved on purchases that were merely delayed, such as my much-whined-about laptop that died about halfway through the month.
Since we'll be buying one pronto, that isn't really a savings.

I did, however, count the $200 in grocery money that we normally spend over the course of any given month. Some of you challenged whether that was a true savings, saying we would likely spend more than usual in March to replenish the stash. That's a good point and something I will be keeping an eye on. But in past years, I've kept to my $50-a-week budget after our no-spend challenges.
Truthfully, we will be so excited to have a new infusion of food in the pantry I don't think we'll mind the few inconveniences that are likely to come up until we're totally restocked.

In the end, I estimated we've saved $550 in our experiment in shunning consumerism. Here's a little cheat sheet of how I arrived at that figure:

$200 in  groceries
$110 in dinners out had we treated our company when they came to town
$21 for  six boxes of Thin Mint Girl Scout cookies (That's our typical order.)
$48 in deal-of-the day Internet deals that I almost certainly would have purchased
$60 in Friday night date night takeout
$20 for a birthday party gift that we ended up making ourselves (our fabulous juice pouch purse creation)
$25 for new clothes for a middle school dance my daughter attended (She made do with what she had and lived to tell about it.)
$25 for Valentine's Day dinner out (We ate in with candles and a cloth on the table,  and I made cheesecake for dessert.)
$40 in "weak moment" spending. (This is my catch-all for money spent on a bad day, an unexpectedly busy day or any other excuse we make to ourselves to rationalize a purchase. At just 10 bucks a week, this is pretty low but we're pretty good about curbing this type of spending.)

Now we've got to figure out what we'll do with that hard-earned cash.
Read about that, and other thoughts about our no-spend challenge, in this Sunday's paper.


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thanks for the informative article


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Thanks again …

for the inspiration you've provided during the longest month of the year. We live pretty frugally, but in a rural area. Fuel for the car would be the first cheat for us, should we try to go on a dollar diet. Split chicken breasts were 99¢/pound at Kroger this week – my slow cooker is full of them right now. Thanks for that idea!

What to do with $549?

That's actually more than we paid for our laptop in November.  :-D


You can, of course, get a much nicer laptop than $549 worth should you so choose.


Consider, while laptop shopping, that both Tiger Direct and Best Buy ARE Upromise companies.  Also, Global Computers IS Tiger Direct (though I'm pretty sure you don't get Upromise from them) but since they don't have a brick and mortar store in NC you can get the EXACT same system for the same price with no sales tax.  If you end up using Best Buy, don't forget their Rewards Zone program.  One point for every dollar you spend (unless you're a Premier Silver member, then it's 1.25 points per dollar), and 250 points gets you a $5 certificate towards a future purchase.


For the love of all things holy, DON'T buy from Dell.  While Walmart is great for having everyday low prices, when it comes to computers what they sell is junk.

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