I've heard from several people who also want to take this challenge along with me, so will be setting up a post each week where the readers who choose to take this challenge alongside me will be able to chime in with their progress.
Others have said that $1,200 isn't a reasonable goal at all because for them their mortgage/rent costs that much alone. True. The $1,200 goal was for my family. I looked at our budget and figured out that I could probably get down to about $1,400 a month pretty comfortably. Then I lowered the goal $200 less because I don't want this challenge to be a breeze. I want to have to have to think about it and work at it. I figured that our "set bills" will total about $850 for the month of June, which means that I have $350 or so to play around with (for food and necessities). It will be a challenge but it may be do-able. If you want to join this challenge but the $1,200 figure is laughable then come up with your own goal. Figure out what your set expenses will be for the month and then add $300-$500 on top of that and set that as your goal. $1,200 is not the magic number, just a number that I came up with that was the lowest I thought our family could go.
I'm doing this because I want to see how low we can go. I'm doing this because there are families out there that have no choice in "how low they can go" but are rather trying to make ends meet on $1,000 or less, whether it is due to unemployment, illness, or other factors. I want to walk a mile in their shoes for a month. So whether you are joining the challenge yourself (if you are, please introduce yourself in the comments!) or just want to watch and see if we succeed, follow me on the journey this month!
Chrissy from Traveling Light was so kind and made me a button for this challenge. If you have decided to take the challenge as well, feel free to grab the button on the right and post on your blog. Even if you decided on a different amount (say, $2,000 or $3,000) you are still part of the "$1,200 Budget Challenge"! We are in this thing together!