Break Old Habits With 'No-Spend Weekend'

There are already plenty of good reasons to skip Black Friday shopping.

Another is that Friday, Nov. 28, is Buy Nothing Day, an informal protest against consumerism. While it may be a gimmick, the concept is an excellent way to understand your own spending. This is especially true if you extend Buy Nothing Day into No-Spend Weekend.

No-Spend Weekend means exactly that -- you don't spend any money for two days. Although it may sound simple, the new routine will take time to master. Once Saturday arrives, you are no longer allowed to take money (or equivalents such as credit cards) out of your wallet to buy any products or services. You can only use what you already have on hand. (You aren't allowed to stock up before the weekend.)

Here are five reasons for instituting a monthly No-Spend Weekend:

It breaks routines: One of the most difficult issues to overcome when you want to get your personal finances in order is to change your routines. By declaring a No-Spend Weekend, you are forced to look at the patterns you've fallen into over time and the spending habits you've formed because you can no longer do them.

For example, you can't just jump into the car for a trip and grab food and snacks along the way. You need to plan ahead by making lunch and bringing drinks from home. You also have to make sure you have enough gas. Choose entertainment that won't cost any money when you reach your destination.