$50 Challenge

After some experience couponing (yes, couponing is a word and it is an action verb!) and learning how to really work some deals, I have set forth to challenge my family to fully live life off of a $50 a week out of pocket budget. 

The thing is that I plan to LIVE off of $50 out of pocket a week, so that means we will still eat out, still enjoy ourselves, still get new clothes and shoes, but we will be buying not only groceries with our $50 out of pocket a week, but also toiletries, diapers, wipes, clothing, shoes, health and beauty products and dining out.  With the exception of planned major events $50 out of pocket a week will be covering all expenses that do not have a regular monthly bill at our home, except one thing….gas for my car.  This expense is very small because we are blessed to have my husband’s company car to do most of our traveling, but depending on things going on in life and the cost of a barrel of oil, this item will change so much I didn’t want to include it in my regular budget.  I will however, keep track of my gas expenses, just to know where our money is going. 

Please remember I will only spend $50 out of pocket a week, rebates and special deas will help me makes means fully meet on this frugal budget, but ONLY $50 will come out of our weekly budget for these expenses.

January 2011
Week 1:  $13.52
Week 2:  $78.22
Week 3:  $48.53
Week 4:  $44.25

February 2011
Week 1:  $47.44
Week 2:  $34.32
Week 3:  $40.87
Week 4:  $26.17

March 2011
Week 1: $17.37
Week 2: $59.00
Week 3:  I got really busy with spring break and have not tallied this week yet, will do it soon
Week 4:  I got really busy with spring break and have not tallied this week yet, will do it soon

April 2011
Week 1:  $52.06
Week 2:  $6.84
Week 3:
Week 4:

Weeks are tallied on Saturdays!