January's Money Challenge: No Restaurant Spending

We've given you a ton of tips, tools, and tricks for managing your money. Now it's time to put those tips to use in the Lifehacker Ultimate Money Challenge. Illustration by Jim Cooke, image of money on a plate via Shutterstock.

We've decided to host a year-long money challenge, which will actually consist of twelve individual monthly challenges, to help you save (and earn!) more money. You may not be able to participate in every challenge, but with twelve of them, you're sure to be able to take part in quite a few.

To kick things off, we challenge you to cut your restaurant spending to zero for the entire month of January. It's an ambitious goal for some, but the idea is to get as close to the goal as possible, so even if you slip up, you've still saved some cash and hopefully learned a thing or two about your habits. We'll check back in with you at the end of the month to see how well you did, and how much you spent. Make sure to actually save your savings, too.

Ultimately, our goal is to put more money in our pockets by the end of 2016. If you're on board, tell us: how much do you spend on restaurants every month, on average? To measure your success, we'll take that amount and compare it to your total spent at the end of the month.


Comments

    This article is 5 days too late, unfortunately.

    Agreed can't start a challenge 5 days in...
    But cool concept if the next one comes out Feb 1st

    We spent nearly $400 last month on non-home made foods... and more than that the previous month. That's with more than $400 a month that we don't count as part of our budget due to salary sacrifice cards, so effectively nearly $800 for December i.e. too bloody much

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