I have been on a ‘spending ban’ for what seems like forever now, and I think I will be on one until I finally have enough money to get a mortgage, but the main reason that I hardly saved anything when I first started was that I just kept failing. The first month I did it was amazing, I literally only spent the money I needed to and nothing else, but then I failed miserably the next month and went a bit mad when I nipped into town as though I was making up for all the things I didn’t buy in the month before.
I managed to get a bit better over the months and now I’ve finally got it all in order and I’m actually sticking to a spending ban. I found out what the reasons for me failing were and I came up with some ideas that have seemed to work quite well to stop me wasting my money.. I’m not on a strict ‘no I can’t buy that ban’ at all, because when I tried that it didn’t work, so I decided to start budgeting more, and create a different kind of spending ban. A spending ban that’s worked for me. So, as a blogger does, I thought I’d share the things that have worked for me, with you.
GET MOBILE BANKING AND OPEN A SAVINGS ACCOUNT.
I know loads of you probably already have mobile banking and you’re thinking how on earth does this help, but trust me. I’ve had mobile banking for years now, and at first it actually made me worse, I could see what was in my bank all the time so I knew how much money I had and I knew what I could buy, but having instant banking on your phone means that you can easily open a savings account and easily transfer money over to it when ever you want. Of course you can just as easily transfer it back but honestly, you either start to forget that it’s even there or you know that it’s your savings and you avoid spending it. You can always open a savings account with another bank too, which makes it a little more complicated to transfer back so you’ll end up just leaving it there. Then, when you check your bank, you won’t see the amount you actually have, because so much of it is in your savings and you’ll have a limit to what you can spend so you’ll be a little bit tighter with your money. Another good thing about most saving accounts is that you don’t get a card, which again makes it a little bit harder to spend it. Once you see the money start to build up you’ll definitely keep at it.
KEEP CASH IN YOUR BACK POCKET.
I know this sounds proper daft but I have managed to save so much money by simply putting change in my back pocket. It was my mum that I got this from, whenever she goes out shopping, she puts all her loose change in her coat pocket and then when it gets a little bit too full, she’ll empty it out and put it all in a jar to save. I never did this, I’d just put any change back in my purse and it’d all get spent on rubbish at some point because I knew I had change to spend. But I noticed whenever I was in a rush or anything, I’d chuck it in my pocket and then when I got home and was getting changed, all the change that was in my pocket got put in my drawer out of the way. I ended up with quite a pile so I started purposely putting any change in my back pocket and saving it all in a jar at the end of the day. You don’t even realise your missing it and that’s probably one of the reasons it’s such a good way to save, you don’t realise how quickly those odd pound coins add up until you count it. It’s a brilliant way to save without even realising.
UNSUBSCRIBE FROM THE ADDS
Now onto the more normal ways of sticking to a spending ban. If you are makeup obsessed or generally shopping obsessed actually, you need to get yourself unsubscribed from all them very tempting emails because there is no way you are going to refuse that amazing 50% off otherwise. We’ll all still spot some amazing things on Twitter and so on, but them emails really do make your money burn a hole in your pocket so the sooner you unsub from them the better. You’ll then only buy the things that you really, really want.
TREAT YOURSELF, OCCASIONALLY
One of the main things that got me when I was on a spending ban was the amount of things I was missing out on, all the new releases everyone was talking about and all the pretty clothes I saw everywhere and it got to the point where I didn’t care about saving money anymore and just went mad buying everything I wanted. I had to kind of teach myself to calm down. The only way I knew I’d be able to do that was buying myself at least one thing that I really wanted and slowly get used to the fact that I don’t need everything I want.
THINK – IS IT WORTH IT?
The last tip that I’ve got before I bore you all to death, is a massive rule, that I now live by but never used to, is deciding if it’s worth it. I used to buy so much rubbish that I never needed and never used and I used to spend quite a pretty penny on crap. Before I buy anything now, unless I seriously want it, I’ll weigh up if it’s worth it. A good example is the gorgeous new Urban Decay Naked Heat Palette, like I seriously want it, but it’s just not worth it. I already own way too many palettes as it is so no matter how beautiful it is, I can’t go splashing £40 on another palette that I don’t need when I’m trying to save money. Although, I’m dying to get my hands on it. But, it will still be there if I decide that I’ve saved loads & I’m going to treat myself.