Project Reviews

Project #37 – $100 Budget (Review)

I don’t think I’ve ever been happier that a project is ending.  While it was only 7 days, this was certainly a taxing and challenging week.  The goal of the project wasn’t specifically to save money, but rather to truly experience what it would be like to be on a more restrictive budget and to learn about my spending habits.

By limiting myself to only food that I “bought” this week, it made the challenge even more difficult because things like cereal or butter, which generally have lengthier shelf lives, were included in the expenses.  There were a number of things that made the challenge difficult (old habits, busy schedules, being social to name a few), but towards the end of the week I was able to make it through most of the days without spending any money (and even ended up with $4.71 remaining).  And considering $61.19 of my grocery bill was retroactively applied towards food I didn’t actually purchase this week, I technically only actually spent $43.52 over the course of 7 days.

To see a full long of my expenses, check out my diary of living on a $100 budget.  Also stay tuned for a more in-depth article in the future describing what I learned from this incredible experience.

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Tags: Finances, Goals, Project