Can you cut back to just essential spending for the next six weeks?
With the UK back under a strict lockdown there are once again a number of ways we can’t spend our cash. It’s frustrating, but it also makes it the perfect time to give a no-spend challenge a go.
Though you still need to cover essentials like bills, debts and food, the idea is to cut back on everything else. In return you’ll not only see a healthier bank balance, but hopefully a greater understanding of where your money goes each month.
I’m joined by Claire Roach from Money Saving Central to talk more about how to keep motivated, tricks to keep track and more.
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- Claire’s guide to No Spend Challenges on Money Saving Central
- My guide to spending less by using up the things you’ve got at home
The music used on Cash Chats is Easter Island by Lonely Punk and provided on a creative commons licence