I tried and failed to do this challenge last year, I didn’t really put the effort in and made excuses which I then allowed to stop me. So, next year I am going to attempt this again! I have signed up to join in January 2020 alongside Hubby, as we both earn alright wages yet saving always seems tricky and money disappears! Not just because I like to go on holiday, as we haven’t had such expensive holidays as Florida and New York (coming up) since our Honeymoon in 2014! So this is only accounting for some spending. Our mortgage payments used to be over £900 a month and we would over pay, but recent years have seen us reprioritise and savings have been made to do things to the house. But other things and materialism has been playing a part in not having as much as we could in savings.
The Uber Frugal Month Challenge (UFM) was created by the Frugalwoods who base their whole life on being frugal yet having luxuries. I find their website fascinating and would definately recommend wandering over to have a good read about all they have achieved. Amazing stuff and so much valuable information to be gleaned from them!
You can sign upto the challenge at any time of the year, though they do it as a group thing in both January and July, you receive an email each day and can join in a group on Facebook. The aim is partly about saving as much as possible, but to also challenge the way you think about and use money ergo affecting future use of money! Read this article from the Frugalwoods: all about how consumption breeds consumption and never being satisfied.
I do use Facebook market place, ebay and other second hand sites at times to look for items. We have gotten some fantasic things this way for bargain prices. Though you can need to weigh up the cost of the item versus collection costs etc. We live quite rurally, to get to a Costco would take aroung an hour, cost of fuel etc, perhaps we will look into whether this could be cost effective, though I do feel the local Aldi is pretty awesome! As a plus size lady, I do struggle to find charity shops in our area that have clothes in my size, except for the ones I have donated so this is an area where I do tend to buy new. I can get quite obsessive about trying to find the perfect clothes and spend lots of money this way, a lot to do with self image issues if I am honest. Definately a can be improved area! I do zig zag from frugal to spendy very quickly and easily depending on what I desire in the moment. Oh I can’t spend £5 on options hot chocolate which lasts weeks, but spending that on a bottle of wine is nothing and it lasts a day, maybe two! Weird way of thinking about cost vs value really.
The Frugalwoods hope that this month with translate into a life style, and given how happy and well established they are, it is understandable they want to share their wealth of knowledge and happiness with the world! I will be exploring the homework and will blog about my thoughts around what they are asking us to do. My only hiccups in January are: we have a short break booked, and will be having a meal out with friends! So not as frugal as it could be already, but hopefully even with these events we will smash the challenge.
Hubby is interested but often tired from working very long hours, and sometimes only getting one day off a week. He often lets me take the lead with money based things and that is ok. But I am hoping he will have some interest in discussing this challenge in more detail as it draws closer! I am looking forward to breaking down the steps to the challenge, knowing it is a month will help psychologically and I do hope we can continue into the future!