Wednesday, February 15, 2017

The No Spend Year - Michelle McGagh - Part 4

The No Spend Year - How I Spent Less and Lived More - Michelle McGagh
The No Spend Year - How I Spent Less
and Lived More - Michelle McGagh
2017 Reading Challenge - Day 46
 February 15, 2017 

Book 14 - The No Spend Year
by Michelle McGagh (2017)
 Part 4 - Pages 153-200
Reading Time - 45 minutes

The author touched on some of the challenges during her No Spend Year. It was OK... She finished off the book with a quiz - What Sort of Shopper Are You? I did the quiz and ended up being a Sensible Saver - the description of which began with - "Do you really need this book? You know your way around a budget and are careful with your money."

Maybe that's the key here... I didn't really need to read this book, which is a basic testament to the benefits of spending less. I applaud the author for saving 23,000 pounds and tossing that at her mortgage. Those are some impressive numbers. We are doing the same thing, in a different way. And maybe that's the key message here - each of us needs to find our own way to manage our finances in a way that makes sense for us.

I know some other blog authors that have done a no-spend year. But there are other options. Decide not to buy a particular item for a month or a year (like books!). I did a no-book-buying challenge last year and it worked pretty well. Got me back into the habit of going to the library. In a weird twist of fate, I did buy this book The No Spend Year online (via a used bookstore) and that feels kinda weird. But my library didn't have it and I wanted to read it. I coulda saved my money. If anyone wants to read it... let me know and I'll ship it over to you!

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