Get more out of your budget! The #MyFabIsLess Challenge

Some like to focus on long term goals. I enjoy the quick reward of short term goals from time to time.

Which is why I made a simple decision that would save me at least $500 a year. I removed my acrylic nails.

Don't laugh this pic is from my MySpace days! The point is to display the nails.

Don’t laugh this pic is from my MySpace days! The point is to display the nails.

My nail issues go back. Way back. In high school I got a job just so that I could keep my nails up each week. Over the years I’ve gone back and forth, alternating between doing my own manicures and paying others to. Somehow I got back into the paying others flow in November, just before vacation and have been factoring it into my budget ever since. I have never been able to grow long nails and have always despised my short tips. Vitamins, treatments, nail hardeners.. you name it I’ve done it in attempt to strengthen my natural nails.

The goal was to eventually begin doing my own acrylic nails but it’s something I never got around to and felt that my time could be best spent on things like finishing my masters degree or continuing to bring you great (I hope you think it’s great) content.

While $25 bi-weekly seems insignificant, thats $50 per month that could go towards paying off debt. So on March 1st I decided to kick the month off right and removed my nails. I’m kicking my financial goals up a notch by squeezing an unnecessary item out of my budget.

IMG_1178

Nails on my recent trip to Puerto Rico

I’d like to introduce to you the #MyFabIsLess challenge. Ask yourself, what can you squeeze out of your budget that will enable you to accomplish you financial goals quicker?

Share your item/habit you are giving up via the comments below or on social media using the #myfabisless tag. 

I look forward to hearing what you are giving up. Hopefully it will provide others with ideas on how they can squeeze more out of budget.


Comments

Get more out of your budget! The #MyFabIsLess Challenge — 23 Comments

  1. LOLOLOL “from my myspace days” I LOVE IT! And I love this challenge. My budget is pretty lean so I am going to ponder this one for a bit and let you know what I’ll squeeze out of my budget so I can join the #MyFabIsLess Challenge.

  2. I did give up acrylic nails a few years back. I am currently trying to live on one pay check per month. All about saving this year! No more buying just to buy! I currently have clothes in my closet from last year I have not worn. I know IT IS SAD…. but growing is changing…

    • Taj you have inspired me! Im going to have a look at my life expenses and see if I can live off of one paycheck a month :) I think I can! Thanks for reading and dropping this gem on me :)

    • Hey Lakeisha, it really does. It’s hard though, fast food is addicting. Some days I find my self craving a big ol’ nasty burger lol. It happens tot he best of us. But kicking fast food is not only good for your wallet its good for your health.

  3. My challenge will be to stop eating out. I spend approximately 250 to 350 eating at restaurants in a course of a week. This will be very difficult because my time management skills are horrible. I cook and we st
    ill eat out a great deal even when I cook! Some weeks we spend 450 and just eat out all week! So this will definitely be a challenge for me….

    • OMG Michelle! we gotta nip this in the butt! If your time management skills how about buying stuff that easy to prepare when you go grocery shopping like Stauffers lasagna or Digorno? I think your trick will be limit yourself to dining out one day a week. Don’t go cold turkey thats too much. But slowly cut back. lol you’re my cousin and I know you know way too many good cooks to be paying that much money to eat out! <3

  4. I too eat out too much. Not dining per se but definitely a quick grab here and a starbucks drink there. Im spending somewhere between $35-$50 weekly…and thats a minimum. Im focusing on trying to brown bag it more for lunch and overcoming the itch to stop and grab a sweet treat or drink while im out. And try rubbing organic unrefined virgin coconut oil into your nails/cuticles daily. See if that’ll help with growth. It did wonders for me!

    • Eating out can cost us so much. I definitely sympathize with you. It can be hard when you find yourself out longer than anticipated and you end up grabbing a bite to prevent yourself from passing out. Somehow that usually restarts the spending cycle and you find yourself back in spend mode. Keep me posted with how its going. Perhaps try taking it slow. Allow yourself one coffee a week. Then ween off :)

      Also thanks so much for the coconut oil tip. Im going to try that. It did wonders for my hair.

  5. From Jan. 1 up until Thursday, I stopped my $20 every two weeks thrifting habit. Although I only spent $2 on Thursday, I don’t want to get back into thrifting just because. So, I’m going back to my spending fast for the challenge :).

    • Thats a good plan Adrienne! Its funny how those little things can add up right? I find when thrifting I actually end up buying things that I think look cool but will probably never wear. But keep me posted with how things come along!

  6. I go back and forth between salon and at home pedicures… going to see how much I can save by sticking to at home care.

    • Thank You! One way you can do it is challenging yourself to use up all hair or nail product before buying more with the exception of staple products you can’t go without.

      For example my hair care staples are Shea Moisture Curl and Style Milk, Aussie 3 Min Miracle, ORS Style and Hold pudding, Coconut oil, and Carols Daughter clarifying shampoo. I don’t buy any new products if it isn’t one of those. Prior to restricting my regimen I was a lightweight product junkie buying things I saw that worked for others on social media. I found what worked for me and stuck to it. When I want to experiment I use something from my product junkie days but I refuse to buy anything new. :) Hope I explained that well and that it helps.

  7. Pingback: Save Money and Extend Your Manicures: Formula X System Review - My Fab Finance

  8. Pingback: Easiest Ways To Save Money | HelloBeautiful

  9. Pingback: Easiest Ways To Save Money | Majic 107.5, Atlanta, R&B, Radio, Steve Harvey, WAMJ, 97.5

  10. Pingback: Easiest Ways To Save Money | Black America Web

  11. Pingback: Easiest Ways To Save Money | AM 1310: The Light

  12. Pingback: Easiest Ways To Save Money | The Michigan Chronicle

  13. Pingback: Easiest Ways To Save Money | The Chicago Defender

  14. Pingback: 5 Lessons I Learned From Being Broke - My Fab Finance

Leave a Reply