Sunday, 26 June 2011
Introducing CP's No Shopping Detox Challenge: Frugal is Fabulous!
Lovelies, the day has come! Welcome to the official launch post of my No Shopping Detox Challenge. Now the official title as stated in the image is a bit of a mouthful (if I do say so myself, can you tell that I am an academic?) But this challenge is important. And so it deserves a name of regal proportions. It probably also deserves its own Trooping the Colour Parade but the Royal family is cutting back (that wedding was soooooo expensive!) Anyways for the sake of your sanity (and mine, as I am the one who will have to type the damn thing) let's just call it the Frugal is Fabulous Challenge, shall we? Agreed? OK. Let's move on.
The Frugal is Fabulous Challenge
Some of you may be wondering what the Frugal is Fabulous Challenge is all about and why I decided to start it (and if you weren't I plan on telling you anyway). I will be the first to admit that I LOVE TO SHOP! I have a penchant for pretty things, in particular filofaxes and handbags (although I can't really afford designer fare on my NHS salary). I am not in debt (except for my mortgage). I save. I pay off my credit cards monthly. I don't live beyond my means. However recently I have started thinking about my spending habits. I have been questioning myself about why I seem to need to spend, spend, spend. After all, I consider myself to be a happy person generally. And I know that more money and more stuff are highly unlikely to make me any happier. I have plenty of things that I can enjoy. Which leads me to this question......
'Is it really necessary for me to buy and own more stuff?'
The simple answer is 'No.'
But when it comes to shopping all rationale goes out the window. I am lured by the thrill of the new purchase, the excitement of unwrapping something that I have bought with my own hard earned money. So my dears, I recognise that I am weak. And in order for me to successfully establish a healthier relationship with money and develop a better approach to spending, I WILL NEED HELP. So this challenge is for me as much as it is for you. Because there is strength in numbers. And if the statistics on average personal debt are anything to go by, we can ALL benefit from managing our money better.
What's in it for you?
♥ A better understanding of money and budgeting
♥ Wiser spending of your hard earned cash (focus on quality not quantity)
♥ Money saving tips
♥ Money and happiness
♥ Priority and goal setting
♥ Staying motivated
♥ Money confidence
♥ Group support to be fabulously frugal. If you are already fabulous and frugal please feel free to join in and help us! The more the merrier!
♥ Flexibility. Although I will start the challenge on July 1st you can follow along at your own speed.
♥ It is free! This is one of the few times where the phrase 'cheap things not good and good things not cheap' DOES NOT APPLY! Yay!!
And loads more!
What should you do next?
1. Roll call. If you want to participate please leave a comment on this post.
2. Get connected. To ensure that you don't miss any relevant posts, subscribe and follow me via google connect, email, facebook, or twitter.
3. Join the specially dedicated facebook group.This will be your link to other lovely readers. The facebook group can be found here. It will be administered by @imysworld and @skhen.
4. Add the official badge to your website (if you have one). Shout it out that you are frugal and fabulous and participating in this challenge. The badge and code can be found on the right sidebar. Copy the code and paste into your blog.
5. Spread the word! Tell all your friends and family about it so they can join too.
Please note that
♥ All related tweets will be labelled #fabfrugal. If you would like to share any articles please use the hashtag #fabfrugal as well.
♥ There is a new category button on the right sidebar called 'Fabulously Frugal'. All related posts will also be included on that page, as well as in the main blog.
♥ There will be two more posts dedicated to the challenge this week, Day 0 - Pre-challenge reading and Day 1- 'Budgeting for yummies'. After that relevant articles will be posted every 1-2 weeks.
Have a great day lovely people. Don't forget to comment and follow me if you are interested in participating in the challenge :-)