Money Wise Talks 14/10/2021

This week I had one of those ‘light bulb moments’. As you know last Saturday I posted about what I’d learnt on my no spend month and I decided that I would take out my debit cards that I usually carry around in my phone case and guess what – IT WORKED!!

I’ve spent absolutely no money this week (as in Monday to Thursday) probably for the first time in a very long time! Actually, it’s been that long I can’t actually even remember, how embarrassing!

I was very tempted on Tuesday to order in a cheeky dessert. My daughter and I decided we fancied something sweet so whilst sitting on the sofa I did my usual trick of grabbing my phone and looking through the menus on the Just Eat app. We found the biggest, sweetest waffle to share and I went into my phone case to get my card details and they weren’t there!

I mean they were only upstairs but I really couldn’t be bothered to move from my comfy spot so I cancelled the order and we went without. To be honest, I don’t think either of us were that bothered about it anyway.

It’s such a simple idea to not carry cards around with you, but it works! That and drawing out the cash you need really helps as it stops impulsive spending.

I’m curious now, if I was do another no spend month in November, would it be more successful this time? I think I would have to not count buying for Christmas though as I want to start the shopping next month.

In fact, this year is the first year I have successfully saved for Christmas. I have transferred a fixed amount every month for the whole year! It will be the first time I have a pot of money to use and not use the credit card. I want to make sure I don’t go over budget this year so next week I’ll be looking at doing an expense tracker for all the presents I want to buy and my budget for each person. With the funds I’ve saved for Christmas, I want them to be used for EVERYTHING Christmas related so I don’t go CRAZY like I did last year. If you missed the craziness of last year, this is the post you need to read. It’s not something I’m proud of but putting it out there to be transparent… you’ve been warned though!

My spending this week has been AMAZING. I have stuck to my £50 a week budget for food and petrol and used our weekly fun budget of £20. This is the first time I have given us a budget for fun and I think it will stay. It allows us a little freedom whilst still trying to pay down as much debt as possible. It’s also a making me think a lot more about what I’m buying. For example, we went to a pumpkin patch on Sunday for the whole experience and it was great – but we didn’t buy the £5.00 pumpkins that are the exactly the same size for the £1.00 at Morrisons (or other supermarkets). I’m sorry, I just don’t have that kind of money in my budget. But the experience was still the same so my daughter didn’t lose out. And we still supported the farm we went too as I paid an entrance fee into the park they have there. So I’m not a complete scrooge.

I have also managed to colour in the first line on my Mini debt (pay off) challenge tracker as I made a payment today of £78.37. Only 19 payments left until this is cleared and I have until the end of the year to do it.

You can download a free tracker on the Mini Debt Challenge post.

I was feeling pretty confident I could do this mini challenge, but about 30 minutes ago my clutch decided to go on the car (hence the reason this normal 20:00 blog post is late). I think I’m in denial about it, as I’ve come home after driving it in second gear (the only bloody gear it would go in) and am sat writing this. I’m not ready to deal with the car tonight so will be leaving that one until tomorrow. For those that don’t follow me on Instagram, my car at the moment is costing me £££’s and only last month I forked out about £600 for repairs. I’m also not sure at this point how I can do my courier job on Sunday. But like I said I’ll worry about it tomorrow.

At least I will finally be doing the school run by foot. Something I have been promising to do since the kids started back in September.

All in all – ignoring the car, I’ve definitely had a better week this week. Just another reminder that bad feelings and times will pass (still ignoring the car grrrrrrr.)

My next post is going to be on net worth. What it is, how to work it out for yourself and why I’m ignoring mine right now! So be sure to subscribe so you don’t miss it!

H

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