Tuesday, February 7, 2012

FAMILY TAKES A VOW NOT TO SPEND FOR A MONTH

By Susanna Kim

DAVIS, CA - It started as an idea for a Davis family of six, that quickly developed a life of its own.

The Dunnings took a vow to stop spending money, not a single dime, for the month of February.

Mom Shelley Dunning decided to go all the way with the experiment,

“It was interesting after spending so much money during the holidays, Christmas, to think, wow, how much could we cut back?” She says.

She said she hopes the experiment will “reset our clock on everything.”

“I hope that at the end of this month we can look back and say, gosh we had a lot of fun with each other,” she said.

Shelley Dunning said the family plans to eat a lot of rice, beans and frozen meat, so they went to Costco on Jan. 31 to stock up on other foods like butter, pasta, nuts, and peanut butter and jam. The only miscellaneous thing the family plans to spend money on is fresh milk for the kids.

Bob Dunning clarifies that the family is just vowing against discretionary spending, like a coffee or movie tickets here and there. The family put all miscellaneous spending on hold.

“It adds up real fast and I wasn’t sure if we could do it or not,” he said.

The Dunnings are also walking everywhere instead of driving. Both Bob and Shelley work from home, which helps make things easier.

Their children are learning to make do with less too. Maeve Dunning made a wallet out of duct tape. But son Mick Dunning is having a hard time.

“I have a lot of money I want to spend,” he said.

Other than Mick, the Dunning's are open to this real-time life lesson in frugality and family.

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