Since I was little any money that I’ve had has burned a hole in my pocket. On holiday my spending money was always gone by halfway through the trip whilst my brother carefully decided what to spend on and, more often than not, came home with cash. Much to my disgust.
Now I’m an adult I’m still more in the mindset of splurge than save. I can’t resist a bargain even though a lot of those ‘bargains’ soon make their way to the charity shop rather than being kept long term.
I need to take stock and start thinking about how to save. We need new windows, and have a lot of decorating plans for the house which aren’t going to happen if I keep buying new shoes and striped tops.
So, I’m going to attempt a no spend month. I saw the idea on good old Pinterest and I think it’s definitely do-able. I’ve chosen a month where there are no school holidays (as I’ll want to spend on a few days out during those) to give it a try.
The idea being that I will spend on the essentials: the mortgage, bills, petrol and food but will cut out non-essentials: shoes, clothing, toiletries, pretty bits for the house that I’ve found on Etsy.
I think the key to being successful with this will be to unsubscribe from a lot of the commercial emails I receive, delete my browsing history so my passwords aren’t saved for shopping websites (hopefully the time that I spend trying to find them will make me rethink my need for a purchase.) I’m also going to keep a spending diary to track what I’m spending on. I’ll let you know how I get on at the end of the March.
Wish me luck!