no spend month

Take The No Spend Challenge And Save More By Spending Less

Every year an increasing number of people are starting to prioritize saving money. And, if anything, Covid-19 has been pouring gasoline on the money-saving fire throughout last year. Even those who’ve never thought about the importance of an emergency fund before, due to a job with a stable income, are now seeing that life can be upended anytime unpredictably.

So one way or another, you need to have at least some money saved for the worst-case scenario.

Alas, saving money isn’t easy – the majority of Americans living paycheck to paycheck can attest to that. The No Spend Challenge sprang up on the internet from people exactly like this – trying and failing to save money and getting frustrated with it.

And it worked! The No Spend Challenge has helped thousands of people take better control of their money and save up. If that all sounds interesting to you, here is everything you need to know about this challenge.

How Does A No Spend Challenge Work?

The premise of the challenge is simple – you take several days, weeks, or even months without spending a dime.

That’s the most basic definition of it. You can adjust it in any way that feels comfortable to you. For some, it’s easier to stop themselves from spending during weekdays, so they allow themselves to spend only on weekends. For others, weekends are the biggest money traps, so they declare weekends specifically to be no-spend days.

Some who decide to do a 2-week-long challenge do it continuously, not spending money over those 2 weeks at all. Others spread it over an entire month; so if they manage not to spend money for 14 days during the month, the challenge is a success.

How Long Should A No Spend Challenge Last?

There’s no set timeline that fits everyone when it comes to the No Spend Challenge. You must remember that the core idea of the No Spend Challenge is to help you cut down on spending and save money. If you don’t spend any money for 14 days but go crazy for the rest of the month, the challenge won’t be a success at all – even if you technically fulfill it.

Before starting a No Spend Challenge you should identify what are your most unnecessary expenses and when do you make them.

Another thing, don’t try to start big from the get-go. Even a week-long No Spend Challenge is a success if you can stick to it while identifying the main culprits of your spending problem. Gradually increase the number of days over several months instead of trying to fulfill a month-long No Spend Challenge without having dipped your toes in first.

Do Monthly Bills Count?

When it comes to monthly bills, that’s where it gets a tad bit complicated. Long story short, it depends on how long your challenge lasts. If your challenge is supposed to last only a week or two, then yes, every type of spending counts, even monthly bills.

But if you’ve decided to do a No Spend Challenge that’s supposed to last for a month or longer – then certain expenses can be allowed. This would include your debt and utilities, which are due on a certain date and are automated. Gas is also a type of expense that cannot be ignored if you own your car.

Other expenses, even the most necessary ones, do count though. If you’re doing a month-long No Spend Challenge, then you should stock up your freezer and pantry beforehand and cancel your subscriptions – because paying for groceries and subscription services does amount to failing your No Spend Challenge.

Who Is The No Spend Challenge For?

This challenge can be for anyone and everyone. Everyone should try it because most people will benefit from it – if they try to do it correctly. But it’s especially useful for people who:

  • Have lower income and are on a tight budget.
  • Are impulsive and tend to buy things on a whim.
  • Are trying to fund their emergency fund as fast as possible.


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Financial emergencies can be a money-sucking hole that will eat through your budget. And it’ll definitely make your No Spend Challenge come to a grinding halt. Even if your emergency fund isn’t in place yet, don’t postpone dealing with them, as they’ll only cost you more down the line. This would be the one case when taking on a loan – like title loans from Carolina Title Loans, Inc. – is justified.

Why A Title Loan?

You could always look into more traditional loans at a bank or other financial institution for some help. But, the truth is, title loans are usually the most optimal option. This loan is great for when you need help dealing with an unexpected emergency because you get the cash quickly. Once we are able to approve you, you will get the cash either the same day or the next bank business day. That is a big difference from other loans that make you wait days or even weeks.

Plus, we also try to accommodate any kind of credit. So whether you have great credit, poor credit, or even nonexistent credit, you can still apply for the loan. We also work with people that have bankruptcies.

And another reason we stick out is our simple process. We won’t make you jump through hoops with a confusing process and a laundry list of necessary items. To get through our process, all you really need to bring is your vehicle – which can be any vehicle you own – for inspection, your driver’s license or government-issued ID, and your vehicle’s lien-free title.

How Do I Get An Auto Title Loan?

As I just said, when it comes to our process, it is as simple as a loan process can get. Just follow our convenient step-by-step guide below:

  1. Go to our website and fill out the online form with your basic information.
  2. Wait for a title loan representative to contact you to answer any questions and confirm your information. You can also give the rep a location and have them come to you instead of you coming to the store.
  3. Whether we come to you or you go to a title loan near you, you have to have your vehicle, your vehicle’s lien-free title that must be in your name, and your driver’s license or government-issued ID to the meeting to be assessed.
  4. If the store representative approves you for the loan, you can finish up the paperwork and get the cash either the same day or the next bank business day.

If you’ve decided this is the year you will start saving more money, you might want to try the No Spend Challenge. This challenge could be just the thing to help you save more by teaching you to spend less. And if an emergency pops up to ruin your challenge, turn to title loans for some much-needed help.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.