No-spend weekend challenge
Are you up for a challenge that can save you money? A no-spend weekend means avoiding any non-essential expenses, such as dining out, streaming rentals, daily coffee runs and shopping.
While it may sound scary, a no-spend weekend can still be fun without breaking the bank. Here’s how to prepare and make the most of your weekend:
Smart financial tip: Use the money you saved to boost your Savings Account or pay down debt.
While it may sound scary, a no-spend weekend can still be fun without breaking the bank. Here’s how to prepare and make the most of your weekend:
- Establish your rules – Everyone’s needs are different. Define what you will allow yourself to spend on, like gas or groceries, and what you plan to cut from your weekend budget.
- Plan meals – To avoid the temptation of dining out or grabbing coffee, plan your meals ahead of time. Shop your pantry and cook with ingredients you already have.
- Free activities – Not spending on non-essentials doesn’t mean staying inside all weekend. Go hiking, walk around your neighborhood or visit a local park with family. Check local listings or your town’s social media pages for free events and festivals, many communities host them regularly.
- Have a movie marathon – Instead of going out where tickets and concessions add up, or renting a new film, enjoy a movie night with streaming services you already subscribe to. This is a fun, affordable way to avoid extra costs.
- Give yourself grace – No-spend weekends can be challenging. If you need to spend on something unplanned, that’s okay! This challenge isn’t a punishment but a way to build better financial habits and give your wallet a break. If you slip up, try again. Even cutting back on one usual purchase is a win.
Smart financial tip: Use the money you saved to boost your Savings Account or pay down debt.
*Carrier rates may apply for data usage.
