For the month of May the CEO of Right Way Credit Union, Karen Wallace decided to challenge herself to a “No Spend Month”. This experience taught Karen some valuable lessons about her own spending habits as well as the beauty of free activities. This post will delve into the different motions Karen felt throughout May and if she would do it again, and recommend it to others.
Karen Takes on No Spend May: Was It Worth It?
Could you go a whole month without unnecessary spending?
That was the challenge Karen set herself during No Spend May—a month dedicated to cutting out non-essential purchases and becoming more mindful about where her money was going.
Like many people, Karen wanted to take a closer look at her spending habits and see if she could save more by resisting impulse buys and everyday treats.
The Challenge
While essentials such as groceries and bills were still allowed, the goal was to avoid spending on anything that wasn’t necessary. Unsurprisingly, there were a few tempting moments along the way, and some purchases were definitely harder to resist than others!
What Karen Learned
One of the biggest surprises was how enjoyable free activities could be. The challenge also highlighted spending habits that often go unnoticed, helping Karen become more intentional with her money.
Rather than feeling restrictive, No Spend May often felt empowering. It encouraged a greater appreciation for what she already had and proved that having fun doesn’t always have to cost money.
The Final Verdict
So, was it worth it?
For Karen, the answer is yes. No Spend May provided valuable lessons about spending, saving, and making more conscious financial decisions—habits she hopes to continue beyond the challenge.
Would she recommend it? You’ll have to watch the video to find out, along with the answer to the all-important question: what’s the first thing she’s spending money on in June? 👀
Is this a challenge you’d be willing to take on yourself?