Curveball Accounts and No-Spend-Days

I was reading this great blog article on Making Money Make Sense and a line popped out at me:

Assigning one day a week as a no-spend day may wake you up to all the ways money disappears, while shoring up your bank account.


A day of no-spending? Could we do that once a week?

I think it would take a ton of planning on our parts. Even thought we have cut WAY back in the last few years, we still get a little willy-nilly with our lifestyle. Not in the spending thousands of dollars way, but in the “I made a plan for dinner tonight and we bought the groceries, but now it is hot and can’t we just got get $1 tacos instead” kind of way.

So maybe we should try this…

Another thought that popped from the article is the concept of  a Curveball account. While my husband and I have some savings accounts that are for when we overspend or for a special event that is coming up (like our vacation next week – squeeeeeee!), I haven’t thought of an account like this where the spending is more intentional for things that don’t quite fit in the emergency category. I think I need to convert our “Regular Savings” account into this and start taking money out of it when we don’t stay in budget because a special thing (for which we weren’t able to plan) comes up. I think that would keep us a little more honest.

And, I think that we could be more intentional about how we save. Right now, I have a certain amount of money come out of our paychecks, but what if we tried something like this:

So the next time you save 50¢ on a coupon, go home and drop that 50¢ into a I’m-a-smart-shopper Jar and then deposit all those savings to your Curveball Account at the end of the month.

How cool would that be?

Thanks to Gail for the great article!


One thought on “Curveball Accounts and No-Spend-Days

What's your thought?

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s