It’s that time of year again! The Frugalwood’s Uber Frugal Month Challenge (UFM) is starting up in January. If you haven’t heard of the Frugalwoods or the Uber Frugal Month Challenge, head over here to learn more and sign up!
What is the UFM?
The UFM is meant to challenge the way you’re spending your money and your relationship with money. As Liz, Mrs. Frugalwoods, puts it, “The Uber Frugal Month Challenge transforms how you think about money and ultimately, transforms your relationship with spending, saving, and financial planning.” It usually runs in January and July, so it’s a good time to join in and assess how you’re doing. I love doing it at the beginning of the year, it’s a great way to get the year started right, putting your best (financial) foot forward.
What I Learned Last Year
I signed up for the UFM last January and while my husband wasn’t as gung-ho about doing daily challenges, it still gave us a good opportunity to discuss some of our money choices and make some changes. One thing we decided to cut out was our weekly salad bar lunch. I realized it we were spending a ridiculous amount ($20 a week for 2 salads!), I just didn’t want to complain about my husband eating salad! We decided that we were mostly paying for convenience and we could easily make similar salads at home.
My husband then pointed out that my *cringe* $189/month gym membership was similar- I could do the same kind of workouts at home, I was paying for the convenience of someone deciding my workout for me and motivating me to go. I’ve since discovered FitnessBlender.com and love it! All their videos are free or you can buy one of their programs, which organizes the videos for you. I purchased the FB 30 program for $15 (again, I like the convenience of not having to decide my exercise for the day), it’s an 8-week program with daily 30 minute exercises.
Another thing I learned during the challenge is that I need to be better about pre-planning my food and prepping it the night before. It’s easy to get behind in the morning and before you know it- there’s no time to throw breakfast or lunch together. You run out the door and tell yourself you’ll just buy something. This is still something I’m working on, some weeks I’m better at it than others. But the more I practice, the easier it gets and the more money and stress I save!
This year Liz picked accountability as the theme for the UFM. I love that. I’m definitely someone that needs accountability to be successful. She challenges us to find someone in your life to join you in this challenge. She suggests a friend, your spouse, a relative, your colleagues, etc. I choose you! Will you join me in this challenge? I’ll be blogging every day about the daily challenge and I want to hear how you’re doing too! There’s also a Facebook group where you can connect with more people who are participating in the challenge. When you sign up for the challenge Liz will send you a welcome email that has a link to the Facebook group.
Check out the challenge, sign up and come back to let me know you’ll be joining the party!