My name is Anna Newell Jones. I used to have a ton of debt and now I have none. Through the Spending Fast process I've become a getting (and staying) out of debt pro. I can show you how to do it too!

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    Thursday
    Sep092010

    Inna Nutshell

    It's funny what comes up in Google images when I typed in "nutshell". Here's one:    awwThen I typed in "encapsulate" to see what images showed up. This is what I got:

    All this "nutshell" and "encapsulate" talk to tell you that I've been thinking a lot about what I've learned so far on this Spending Fast journey. Whenever anything is called a journey it's instantly cheesy huh. 

    I feel like I should save this until the end of the fast so I can have some BIG reveal about the deep and meaningful year I've had not spending any money but I've learned a lot so far already so who am I to deprive you of that!? I kid. I kid.

    Here you are... what I've learned:

    • Find additional ways to make more money
    • Don't eat out
    • Dye clothes, linens, bags, etc. to extend their life
    • What can you offer to others? Barter it up. Trade with people.
    • Create a "uniform" for yourself. Wear the same color (I wear a ton of black) to mix and match and get more use out of the clothing.
    • Wear out your clothes/items
    • If you have to buy something make sure it's made well and will last. Choose classic styles
    • Make gifts for people and/or re-gift
    • Become okay with giving only bday/holiday cards to friends (baked goods are a nice addition if you feel too cheap just giving a card)
    • Look into your phone plans and try to go to a lower priced plan
    • Use the library
    • Use the bus
    • Walk
    • Bike
    • Stuff your laundry into 1 load rather than 2
    • For clothes that you are sick of hang onto them and do a clothing swap with buds or get some cash for it at a buy/sell/trade store like Buffalo Exchange or Scout: Dry Goods & Trade
    • Rather than giving stuff to the thrift store try to sell it 1st on Craigslist or at the pawn shop
    • Hem your clothes, repair them
    • Rather than buying new item fix the old thing
    • Grow your hair long. It needs haircuts less often
    • Use box hair color
    • Bar soap is cheaper than body wash and lasts a lot longer
    • Vacation in places that you can have a free place to stay and a refrigerator to keep grocery items in
    • If you do a certain skill charge what you're worth
    • Utilize free fun stuff in your city like Pecha Kucha nights and free museum days
    • Use up the stuff you have already
    • Use the free samples that are given away
    • Eat out of your cupboards
    • Traveling is expensive, do it less often if you want to save money
    • Say no to things
    • If you have a habit or routine (like I had Luna bars and coffee every morning) it's probably costing you money
    • Realize how much less stuff you have to take care of and how much time it was taking from your life
    • Less transactions to track in bank account because of less spending... more time saved!
    • Feels good to be pro-active with my finances makes a huge difference mentally
    • Become okay with telling yourself "No"
    • Wait to purchase. Think about it longer
    • Only buy things you love and things that you want around you
    • It's amazing how much lotion I have (had). Use it up before you buy more and most likely you'll get some as a gift from someone.
    • Tell people why you aren't spending so they'll pressure you less and understand that you're not being cheap just to be difficult
    • Magazines feed wants and make me feel like I need to purchase things to be perfect. Avoid certain ones if they give you the same feeling
    • Ask people that know how to save how they do it
    • Realize change takes awhile and be okay with messing up
    • Pick free fruit from your friends trees
    • Before you embark on a Spending Fast talk to your partner about how it will affect them and be ready to compromise a bit if needed
    • Don't buy stuff in advance
    • Don't buy in bulk
    • Oatmeal. Oatmeal is crazy cheap and there's not much (if any) taste difference between on and off brand oats.
    • Put generic food items in leftover name brand packages. This works best with things like oats/cereal.
    • Be okay with being a mooch sometimes
    • Become okay with hearing that you are a mooch sometimes

    Reader Comments (1)

    Oldies always tell me when Iwas young to cut my hair or trim my hair often to make it grow fast. how true is this?
    November 18, 2010 | Unregistered CommenterMaria@hair cut
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