Spending Freeze 2017

Have you ever had your debit card or credit card declined? Have you ever had to obsessively check your bank account to see if you have enough money to buy groceries? Do you count down the days until you get paid? Have you ever had that knot in your stomach wondering how the heck you were going to get your bills paid?

I have. I don’t say this for sympathy, I say this because maybe some of you can relate. Our society is centered around consumerism and the need for the newest, latest gadget. And frankly, I’m sick of living that way. I’m sick of living paycheck to paycheck.

So we decided to do something a little crazy. My boyfriend and I are doing a spending freeze for the year of 2017. This means we only spend money on necessities. Our goal is to see how much debt we can eliminate and how much money we can put into savings.

This also gives us a whole year to put people and relationships with others ahead of THINGS. And that’s really what matters. 60 years from now I’m not going to remember that cute top I bought or the venti iced coffee I just HAD to have. I’m going to remember the people, the relationships and the memories.

With that in mind, here are the lists of things we have to spend money on (our needs) and the things we will choose not to spend money on (wants). We know that things will come up and that we haven’t covered everything, but this is a good start for us!

What we have to spend money on (necessities):


-Car payments

-Car insurance

-Renter’s insurance

-Student loan payments

-Credit card payments


-Cell phone bills

-Food (store-bought, off-brands and only when we eat everything in our cupboards)

-Doctor copays (if needed)



-Workout supplements as needed


What we will not spend money on (wants):

-Gifts (sorry friends and family- this year will be a year of thoughtful homemade gifts)


-Home decor



-Coffee at coffee shops

-Gas station convenience stores


-Eating out


Have you ever done a spending freeze? Do you have any tips or suggestions for us? We will keep you updated on our journey!

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