Budget
-n
A restriction on expenditure
The total amount of money allocated for a specific purpose during a specified period
I've seen quite a few bloggers going on a total spending ban for at least a month and while that is such a good idea, I'm not going to kid myself and pretend I can do it to because when it comes to spending money I just can't stop myself. So rather than torturing myself, setting myself up to fail and just plain cheating, as of next payday I am setting myself up an official budget to live off on a weekly basis.
Far too many times I have wanted something and convinced myself to buy it as a 'treat', or to cheer myself up or because I just can't live without it! In reality, a treat should be a reward for an achievement, a good cuddle can cheer me up, and if I've lived without something for this long it won't hurt to do without it, or at least save up for it.
Step 1:
Subscribe to a magazine.
Step 2:
Weekly allowance.
At the moment I seem to able to walk into Boots and spend £50 without even thinking about it, then buy clothes, shoes, food etc on top of that, so my weekly spending is getting completely out of hand. I need to learn to be stricter with myself - maybe this will mean taking a certain amount of cash out of the bank at the start of the week and leaving my card at home when I'm at work - lunch break shopping is a nasty habit!
Step 3:
Buy only what I need.
I do class makeup as a 'need' however it has to fall into the weekly allowance so will probably be bought at the end of the week after food bits, toiletries etc.
Luckily my new job is close to where I live so I am able to walk to work every day - this alone is going to save me £80-£100 a month in petrol money so that can go straight into savings and hopefully I won't miss it as I never had it to spend anyway.
This is the year my boyfriend and I are hoping to buy a house so I really need to stick to my budget and save as much money as possible!
Wish me luck! Is anyone else budgeting or saving up for anything? If so I would love some encouragement and support!
Step 1:
Subscribe to a magazine.
Out of three glossies and numerous gossip magazines I only every thoroughly read Cosmopolitan and subscribing to it for £15 makes a lot more sense than spending £3.50 on it each month.
Step 2:
Weekly allowance.
At the moment I seem to able to walk into Boots and spend £50 without even thinking about it, then buy clothes, shoes, food etc on top of that, so my weekly spending is getting completely out of hand. I need to learn to be stricter with myself - maybe this will mean taking a certain amount of cash out of the bank at the start of the week and leaving my card at home when I'm at work - lunch break shopping is a nasty habit!
Step 3:
Buy only what I need.
Luckily my new job is close to where I live so I am able to walk to work every day - this alone is going to save me £80-£100 a month in petrol money so that can go straight into savings and hopefully I won't miss it as I never had it to spend anyway.
This is the year my boyfriend and I are hoping to buy a house so I really need to stick to my budget and save as much money as possible!
Wish me luck! Is anyone else budgeting or saving up for anything? If so I would love some encouragement and support!
