Thursday, March 12, 2009
I'm finding it harder and harder each day to ignore the craptastic economy and the fact it's starting to hit close to home. Very close to home. Although i'm probably in a better situation than other young associates in that my firm is smaller, structured differently, and Texas-based, i'm also fully aware of the fact that i could lose my job at any moment. Enter - the Stiva Shopping Challenge 2009.
My friend Stina and i have decided it's time to really slam on the brakes when it comes to our shopping tendencies. Both riddled with debt and $1000+ monthly rent (that's a lot in TX... NY and DC - ers, i'm sure your jaw is on the ground!), we have decided to begin this challenge with the purpose of helping one another spend less, save more, and basically become better people. (FYI - The term "Stiva" comes from a combo of our college nicknames.. hers = Stina and mine = Diva [do NOT judge moi, it was given to me by my dear friend Laoura back in high school and i love it].)
Step 1? Accomplished. As of Monday, March 16, 2009, i will no longer have cable. Or DVR. I must admit the realization is more painful than i anticipated, but you guys are SO RIGHT. It's UNNECESSARY, and i will probably spend my time doing much more active, productive, and inspiring things. Btw, does hulu.com cost money??
Step 2? The shopping. Here are the Stiva Spending Challenge Rules:
1. Set entertainment budget for the month and use CASH ONLY.
2. Set grocery/dining out budget for the monthy and use CASH ONLY.
3. Absolutely no shopping for non-necessities - i.e. clothes, shoes, accessories, makeup, magazines, home decor, etc. (Rare exceptions MIGHT be permitted, but only on a case-by-case basis and at a max of 1x/month.) [This one is killing me already as the new issue of GQ has my love, Rob Pattinson, on the cover. Be still, my heart...]
I'm sure there will be more rules once we get into the swing of things. Any suggestions? I'm thinking we'll start on Monday, March 16 (Monday's are always a good day to start these things, n'est ce pas?). I know it may seem like cheating, but my sister and bro-in-law are in town this weekend, and i don't want to spoil the fun. Then again, my sister is probably treating me to a pedicure at Milk + Honey on Saturday, so technically i'm not spending a dime. ;-) Plus i plan on spending this weekend perfecting the rules and calculating the appropriate entertainment/food budgets. :-)
P.S. If you're like moi and feel the need to severely curb your spending, i invite you to join Diva and Stina in this challenge!! I will DEFINITELY be blogging about my struggles and temptations (i feel some low moments coming), and you guys can comment on your journeys as well. Yay!! :-)