Why Our Family Does a Low-Dough March (and why you should try it too!)
Can I Laugh On Your Shoulder?
English - March 22, 2023 09:00 - 28 minutes - 26.5 MB - ★★★★★ - 143 ratingsEntrepreneurship Business Religion & Spirituality Christianity business christian ecofriendly ethical fairtrade marketingtips businesstips businesswithpurpose entrepreneur fashion Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
1:39 – What is low dough March? My family has done this for the past few years. We spend as little money as possible for the entire month of March. We cut down on anything extraneous. 2:31 – Where did this idea come from? We didn’t create this concept. My husband John got the idea from a podcast called “Abraham’s Wallet.” We picked the month of March because we don’t have much going on. 5:12 – Why do a low spend month? You don’t have to be married. You don’t have to have kids. Literally anybody can do a low dough month. The number one benefit, in my opinion, is it’s a recalibration tool to help us evaluate our spending habits. We do not eat out at all in the month of March unless we have a gift card. We like to stockpile gift cards and restaurant rewards points to use in March. 9:09 – Intentional grocery spending We spend an insane amount of groceries, but we try to reel it in during the month of March. We love to host people and make meals for friends, but we try to use food in our pantry and freezers. 14:24 – It’s a training tool Low dough March is a training and discipleship tool. We are training and learning to be better stewards of our money. By placing boundaries around certain places in our lives, we are training ourselves. 20:17 – Exercising your “no” muscle Part of this training is helping us exercise our “no” muscle. 21:57 – Teaching your kids about stewardship My kids are 9 and 7, and this teaches them about being a good steward of money. It helps our kids realize that things cost money. 23:05 – Planning for our money When we have a surplus of money from low dough March, we give some of that money away and plan for big projects. FEATURED QUOTES
Low dough March is a month where we as a family spend as little money as possible. We really cut down on anything extraneous.
You don’t have to be married. You don’t have to have kids. Literally anybody can do a low dough month.
The number one benefit, in my opinion, is it’s a recalibration tool to help us evaluate our spending habits.
When you sit and you really look at where you’re spending money, it helps you hit a big reset on it.
By placing boundaries around certain places in our lives, we are training ourselves.