Super Space Chick

Budgeting For No Spend April

I was recently inspired by Cassie of The Casserole who published a blog post about budgeting and I’m really looking forward to participating in her idea for No Spend April (but more about that later).  She breaks down the expenses most people have into categories and advises to deduct the unavoidable expenses (i.e., rent, food, utilities, etc.) from your monthly income.  Once you’ve done that and decided how much you want to save, it’s easier to begin budgeting your discretionary income. And if you’re a numbers nerd like I am, you may also want to convert everything into percentages for a deeper understanding of your finances (and for fun… I’m thinking pink pie charts!).

Now, to No Spend April!  I’m only going to allot myself a very small amount of money to spend during the month, most of which are preplanned expenses.  Some of things I already have planned (and luckily some are already paid for!) are 1) seeing Lord of the Rings at Lincoln Center with Andrew, 2) travel costs for going home to celebrate Easter with my family and for attending Andrew’s cousin’s wedding, 3) Sakura Matsuri (I just posted photos from last years event yesterday!), 4) Melissa Grey’s book launch party for The Girl at Midnight at Books of Wonder (I already read my ARC and I love it so much and I simply cannot deny myself a beautiful hardcover finished copy under any circumstance), and 5) books I’ve already preordered such as The Sweetapolita Cookbook and the paperback version of The Girl with All the Gifts (which apparently is getting a film adaptation starring Glen Close!).

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Source (Although I have almost the exact same one!)

I’m going to put some of the extra money that I don’t spend in April towards bills and the rest will be going straight into my savings account.  Depending on how I feel afterward, I may try to plan some more No Spend months in my future!  Now, for what I’ll be cutting back on…

1) I have a pretty serious book buying habit as many of you may know from seeing the haul videos I post on YouTube.  While I am reading through a lot of the titles I buy fairly quickly, my book buying to book reading ratio is not as small as I would like for it to be.  I can easily justify purchasing any book (especially if it’s discounted at The Strand) so this will be my biggest challenge of the month.

2) In addition to all the books, I fall in love with new ModCloth merchandise daily at noon (Eastern time) when they post the new arrivals on their website.  I have somehow ended up with more coats than any one person could possibly need and, especially this winter, I really only wear my super warm Michael Kors down jacket because NYC is COLD.  As much as I would love to start adding some new dresses and shoes to my Spring wardrobe, I’m going to test my willpower and hold out until May.

3) Single issue comics.  I’ve already done a great job of cutting back on purchasing single issue comics but I would love to begin reading solely in trade for every title.  I really wish comics publishers did not rely on single issues sales when deciding what to cancel, but as a consumer who now pays rent, it’s impossible to justify spending $25 on 6 single issue comics plus $12-$20 on the same issues in book form when it comes out in trade.  Plus, it’s just more enjoyable to read an entire cohesive story at once without having to wait between issues.

4) Lastly, I’m going to be more conscious about finding recipes that will allow me to utilize all of the food ingredients I buy before it goes bad.  When I lived at home with my family, we would go through an entire red onion in a few days with no problem.  But since I’ve moved and I’m oftentimes only cooking for Andrew and I, I struggle to use even half an onion in a week and I feel terrible when I have to throw out what’s leftover.

How do you feel about budgeting, is it easy for you or is the struggle real?  Will you be joining Cassie and I in No Spend April?

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10 Responses to “Budgeting For No Spend April”

  1. Kay Nyman says:

    These are great tips! I’m with you on doing a no spend April. We got our tax return at the end of February, and have gone a little spend crazy lately. Time to reign it back in and let that tax return be!
    Kay Nyman recently posted…Introverts Unite! Individually!My Profile

  2. Alexa S. says:

    I’ll be joining Cassie for No Spend April as well! It should be interesting to see if I can manage to stick to my plans of only spending a certain amount per week. Good luck! :)
    Alexa S. recently posted…It Runs in the Family || Get ElectricalMy Profile

  3. Alice says:

    Thanks for posting about this because I, um, seriously need to start budgeting better. I have a few pre-planned expenses for April, but I need to save up where I can since I’ll be at SDCC in July and I’m possibly planning a return to the East Coast in the Fall! Eeep!

  4. Gladys says:

    That is how I feel about comics. I hate that sales are based on single issues.

    We do the single issues and it does pile up in terms of money and space. I’m trying to sell my current collection so I can take the money and buy the books.

    Overall thanks for the link! I’m going to attempt a no spend month.

  5. Jessi says:

    I did a book buy ban for March that went so well that I am continuing it until my next most anticipated book comes out this summer. As for single issue comics, I totally agree with you about cutting back spending on them! I was spending a hundred a month of them and was buying them both digitally and in print. I budgeted myself to $20 a month for the titles I am currently reading.

  6. Joie Fatale says:

    OMG! Girl WAtG is getting a movie?!?! AH! It’s next on my audiobook listens (I’m currently enjoying The Paper Magician).
    Also #4 is a big deal for me as well.

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