By Raechel Conover, Cheapism.com
The holidays may provide a festive reprieve from the daily grind, but as a rule of thumb, they're not good for your wallet. With January comes a return to real life and living on a tight budget as you pay off holiday bills. So, here's our February challenge to you: a no-buy month.Take our challenge and see your savings grow!
What's a No-Buy Month?
As blogger The Frugalista explained last year in The Washington Post, the idea is to save money by going an entire month without buying anything other than the bare necessities. This means you pony up for your house or apartment, utilities, groceries, and gasoline or public transit, but that's it. No dinners out, no trips to the salon, no shopping, no toys for the kids, no smartphone apps or music downloads, no cappuccinos or lattes -- nothing, even if you spot a great sale.
The Frugalista reports that this started as a way to clear out debt and regularly saves her almost $400 inRead More »from Take the Frugal Month Challenge This February