It’s recently dawned on me that I might have a teensy tiny problem with spending money. Okay, so that’s a bit of an understatement. In fact, I should probably contact deed poll to change my middle name to Impulsebuy. I have no idea where it’s come from. Up until 2015 I very rarely ever spent money on myself. Now it’s 2017 I think nothing of a £170 spend on a blanket, some mugs, and a cactus. In December I went to Currys to buy a small Christmas gift for my partner and came home with a £400 hoover. I’ve challenged myself to a no-spend month to test myself and to hopefully save some money.
I think I’ll be better off if I am just a bit more reserved with my money. It would be nice to get to the point that I can just have one day every four-to-six weeks when I am allowed to spend money. I think I’ll enjoy this more too, as it will feel like more of a treat having a bit of a splurge. I’ve challenged myself to a no-spend month to hopefully teach myself a lesson: that I don’t have to spend money. With any luck, I can get through this with a new outlook on life and plan my spending responsibly in the future. Even if I find it horrible and refuse to curb my spending habits, at least I’ll save some money during my no-spend month.
- Rent and other monthly bills.
- Grocery shopping. Snacks not allowed.
- Petrol for my car so I can get to work.
- Previous commitments, such as my holiday to Spain on April 22nd.
- Vet bills.
- Eating out and takeaways.
- Getting lunch at work.
- Nights out e.g. cinema.
- New clothes.
- New homeware.
- Going to bingo.
- Snacks or drinks other than what I have in my fridge.
- Drinks in the pub.
- Non-essential toiletries.
- Visits to the salon or beautician.
- Gambling, such as lottery tickets and scratch cards.
- New toys for my dogs. They have 74 already.
- Fresh flowers for my home.
As you can see, the banned expenditure list is far bigger than the allowed expenditure list.
I planned to start my no-spend month yesterday, April 1st, but I got a bit waylaid. A 12-week puppy in my area was savagely attacked by another dog and has required extensive lifesaving surgery. I donated money to their Just Giving page yesterday and so have decided to begin my no-spend month today. So far so good, I haven’t spent a single penny today! I’ll update you all in the coming weeks so you can see how well I get on with being a bit more frugal.
Have you ever tried a no-spend month? If so, what did you find hardest to give up? I’d love to hear your experiences with it!