Giving Up Non-Essential Spending For Lent

By Mike Maddaloni on Friday, March 06, 2009 at 05:00 AM with 6 comments

image of my Lent non-essentials listBeing the good Catholic boy I am, every Lent I give up something for the season through Easter. Without getting into a religious conversation, whatever I give up should be a sacrifice. In the past I have given up desserts, various forms of adult beverages and using choice adult words. However this year I thought long about what I could sacrifice that would surely make me a better individual.

I am giving up non-essential spending. For both myself and my business, I will not spend money on anything that is not required. A non-essential business expense is one not directly related to revenue generation, and one for personal is one not vital to my very survival.

To ensure I am keeping my word, I am keeping track of any purchase I don’t make, and its dollar value. The accompanying picture to this post lists the first 2 items I did not buy. Amazon had the Nokia E71 for almost US$150.00 off this past weekend, but I declined. I recently bought some adapter tips for my iGo portable charger, only to realize once I got them I need another cable, which I decided not to buy as I had no essential travel planned through Easter. I have a couple of personal items as well, but nothing stellar to mention. The list is more to track my decisions rather than to be a shopping list after Lent is over, though some items I still may buy.

Some people think my Lenten sacrifice is a sound decision, especially those who know me and my continuous quest for electronics. Others think my decision is lame, and instead I should be supporting the economy or I probably shouldn’t be spending these days anyway. In any case, I feel good I have gone week only buying essentials.

What do you think, and if you celebrate Easter as well, what did you give up for Lent?


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BusinessDiversions • (6) CommentsPermalink

Comments

I was pretty typical this year, trying to target my sweet tooth. No buying candy and cookies during the work day. It had become too regular a habit.

Interesting idea with giving up the non-essential spending. There will probably be many items that when you look back were not necessary. And the ones, post-Easter that still look good are probably worth buying.

Picture of Emily Brackett Comment by Emily Brackett
on 03/06/09 at 09:19 AM
 


But Mike!  If you really wanted to sacrifice, you’d give up that non-essential gallon of coffee!  P

Picture of Peter Alan Smith Comment by Peter Alan Smith
on 03/06/09 at 10:33 AM
 


On the contrary…that coffee is vital!

mp/m

Picture of Mike Maddaloni Comment by Mike Maddaloni
on 03/06/09 at 10:50 AM
 


Mike - now what are you doing with money that you save? I think it’s a great idea and one I might consider for next year.

Picture of Mary Sara Pipia Comment by Mary Sara Pipia
on 03/07/09 at 09:34 AM
 


Hey Mary Sara… trying to save all I can these days, however much or little!

mp/m

Picture of Mike Maddaloni Comment by Mike Maddaloni
on 03/07/09 at 09:53 AM
 


Me too. I think it’s a great idea.

Picture of Mary Sara Pipia Comment by Mary Sara Pipia
on 03/07/09 at 11:10 AM
 



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