No-Spend Days: Passing Fad or Clever Fix?
Is it sustainable, or wise, to go multiple days per week without spending?
This MEL story about a couple that’s managed to do some impressive saving compares frugality to dieting, which is a familiar if kind of problematic concept, since it assumes less is automatically the better, restrained, and even perhaps morally superior option; but it adds an interesting tweak to the metaphor: what would happen if you incorporated regular spending fasts into your schedule the way some people incorporate meal-related fasts? Would it work? Would it backfire? Would it be sustainable as a strategy in the long term?
the no-spend day might be like skipping meals for a day, only to binge-eat the next and negate any benefits. But it could also be like intermittent fasting, where relatively brief periods of not eating can result in lower caloric consumption and better overall health.
Uh, does better overall health include better mental health? Because not eating for long periods of time makes me an unhinged, gibbering mess. I imagine that not being able to spend if I needed to might have the same effect. But maybe for an extra $100,000 it would be worth it??
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