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Devin D. Thorpe
Devin Thorpe

A one-month spending fast: The best way to jump-start your savings

If you find yourself wishing every month that you could save just a little bit but you never seem to be able to put anything away for the future, try doing nothing for thirty days. Enlist the help of everyone in the family and for one month, go on a spending fast. Of course there are many—probably most things you do—that you can’t stop doing, but many things you can quit altogether for 30 days.

Consider going one month without any of the following:

  1. Movies. For one month, you could go without paying to see, rent, watch, view or attend a single movie. Your eyes would not fall out. Your heart would not cease to beat. You could spend exactly zero on movies for one month.
  2. Fine dining. You could easily go for a single month without eating over white linens. Most people enjoy the treat of a fine meal once in a while—some more often than others. There is nothing wrong with it, but skipping the white linen tables for a month may make quite a contribution to your savings account.

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