Empower Your Spending: Using No-Spend Days


Something that many people struggle with is how to recognize superfluous spending and re-direct those funds to saving or investing. While it may not seem like much at the time, those regular morning coffees at the local café or buying a quick trinket at the gift shop can quickly add up to a significant chunk of your monthly budget. One way to re-evaluate how you spend and when you spend is to try the “No-Spend Day” method, where you pick a day or two during the week when you don’t spend anything at all.

If you find yourself losing money on the little things in your budget, taking days to avoid spending can help put your purchase habits into perspective. For instance, if you find yourself buying lunch almost every day, it may be an eye opener when you consider how much you could save each day if you regularly brought a bagged lunch. This method is also great for learning to cope with impulse buying; if you have to wait a day or two to purchase something, you may realize you don’t really need it or even want it at all.

Of course, “No-Spend Days” can be done in such a way that they don’t really help your finances at all. If instead spend the money you saved on Monday all on Tuesday, you haven’t really achieved much! Jen at Master the Art of Saving Blog suggests that you look at how much you regularly spend each week and compare that number with the amount you spend over a week with “No-Spend Days.” If you haven’t decreased your amount, you haven’t learned anything!

Have you ever tried “No-Spend Days?” Did they work for you? Let us know in the comments below!

If you liked this article, check out “Building Your Pot O’ Gold: 4 Ways to Save More.”

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