In my bid to stop (quite so much) spending and start saving, I am going to:
- Cut our regular food shopping budget of £50 to £25 per week. This is going to have to cover all meals for both Husband and I. It might be a bit of a challenge but I am going to give it a go! I am also budgeting £5 per week for non-food items such as tin foil, bin liners etc.
- Make a weekly meal plan and shopping list and stick to it
- Reduce my weekly spending money (for going out and buying odds and ends) from £50 to £20 per week, unless we are going out for someone’s birthday or similar. I want to be thrifty but I have no desire to turn into a tight-fisted killjoy
- Stop buying clothes (at least until my savings are really under way and/or if something wears out or breaks or if I really need something for a very good reason!)
- Stop buying jewellery/accessories (ow!)
- Stop buying make-up or bathroom products (until I actually run out of something that I need)
- Stop buying magazines (just one weekend newspaper)
- Stop buying books until I have read all of the ones I already own that I haven’t read
- Stop frequenting corner shops – no chocolates, sweets, crisps and all that rubbish, just because I am passing/bored. Farewell Mr Cabury…our relationship was beautiful while it lasted but that time has come for us to go our seperate ways.
- Start putting back some money for Christmas and holidays each month
- Stop buying things I already have (sounds obvious but it seems to keep happening)
- Save all of my Boots Advantage card points for a rainy day
- Go through all of my paperwork, file it properly and see if I can get any better deals on things I am paying for (like my broadband package)
I am also going to give my home a really good clear-out. I am fed up of never being able to find anything and seem to be constantly surrounded by STUFF. It is everywhere – spewing out of drawers, hiding under the bed and even creeping around in the night, draping itself over things (yes, damp towels, I am talking about you). STUFF MUST GO. Rather a lot of it. Either to car boot sales, charity shops or even landfill sites. But go it must.
I have decided, for now at least, not to give myself a specific target for how much I want to save by the end of the year. If I did, I fear that if it looked like I wasn’t going to achieve it I would get demoralised and give up. Much like eating a chocolate bar when you are dieting and then thinking ‘Sod it, I’ve blown the whole thing now. Might as well have some crisps/pizza/cake’. Instead, I am going to set myself some goals at the beginning of each month (when I have a better idea of what myexpenses are going to be) and see if I can meet them. With that in mind, here are my goals for March:
- To save £500 (an optimistic start perhaps – we’ll see how the budget cuts pan out!)
- To de-clutter all of the main rooms in my home
- To sort through all of my paperwork and file it properly
- To start my Christmas fund
- To start my holiday fund
Let’s see how it goes…