I encourage some of my readers to join in with this challenge once again to see how low you can go. $1,200 is not the magic number, it is the number I have set for myself (remember, I failed last month and went over $175). You can still take the $1,200 Challenge no matter what your low number may be. I encourage you to sit down and add up all your fixed expenses, then tack on an amount that you that you find reasonable for all the unfixed expenses (you know...food, extras, entertainment, eating out). For example, after our fixed expenses for the month I will be tacking on around $300.
This time around my school supplies will be exempt. As a homeschooling mother I will be buying all the school books and supplies in August and I could not do that with such a tight budget. As other readers pointed out, this is not something in a regular household budget each month anyway, so I shouldn't feel bad for not counting it. For you mamas wondering how you could do a challenge such as this in August with all the school costs coming up...feel free to not include those in the challenge. Just your regular monthly household spending will do nicely.
So what say you? Are you interested in joining in this challenge? You have one week to sit down and organize your spending and come up with your number for the challenge. Feel free to steal my challenge button on the right and throw it on your blog and let your readers know what you are up to. For those without a blog, or others who prefer not to blog about their progress, every Friday will be check in dates here and you can all update us on your progress. Remember, my motto is not live within your means, but rather, live beneath your means!