12 February 2018

2018... The Year I Stop Spending | Lippy In The City

As I sit here and write this I’m making a pledge to myself that 2018 will be the year I stop spending unnecessarily, for good. I cut my spending habits back dramatically throughout 2017 but still found myself spending too much on things like Dominoes, toiletries and miscellaneous items that I knew I didn’t need.

My motivation to stop spending has come from the realisation that I’d love nothing more than to be financially free ASAP. Free from credit card debt, loans and store cards so that I can live a financially free life. I’m under no illusions that this is going to take time, but I’m so determined to do it that failure is simply not an option. I want to escape the hamster wheel of consumerism and live a happy, fulfilling life without needing to jam pack my home with a million ‘things’.

2018 is going to be challenging because I’m getting married this Autumn and I still have things that I need to buy and pay out for for the wedding, but other than that, if I don’t need it or can justify it, I’m not buying it. I thought it would be really interesting to document EVERYTHING that I buy this year on my blog in the hope that if I’m going to publish my purchases to the world, it might make me stop and think before I swipe the debit and credit cards.

I started in January by having a major clear out of my belongings after being inspired by Marie Kondo and her book ‘The life-changing magic of tidying’. I’d always known that I’d had a lot of things, but when I got rid of 9 black bags full of stuff (in the first round alone) that I hadn’t touched for the last few years, I knew that I had way more than I realised. After my clear out, I thought I'd feel like I was left with nothing, but it's safe to say I still have enough clothes, shoes and handbags to get me through almost any situation 2018 is going to throw at me.  By clearing out this relatively small space in my home I instantly felt so much better mentally and had a clear mind for the first time in what seemed like months. I’m nowhere near a minimalist yet, and that's not my ultimate goal but I definitely think 'less is more' going forward.

I thought I’d summarise by showing you exactly what I spent unnecessarily in January, I've not included bills, food, petrol or actual essentials, just the frivolous things that I could have done without.

1st - Starbucks - £6.40 (didn't need)
4th - Mcdonalds - £12.63 (didn't need)
10th - Just Fab Shoe Subscription - £35 (didn't need)
11th - Next Clothes Order - £70 (didn't need)
13th - Amazon - £14.70 (can't even remember what I bought, clearly didn't need it)
14th - Water Bottle in New Look - £6.99 (didn't need)
17th - Asos Handbag - £21 (didn't need)
18th - Winter Coat - £30 (did actually need!)
29th - Mcdonalds - £6.29 (didn't need)
29th (again) - Dominoes - £16.00... (the 29th was clearly a bad food day that I didn't need)

Total - £219.01

Writing it all down clearly shows that I have a) a junk food problem... and b) a need to spend unnecessarily almost every other day to feed the urge. It's totally unhealthy and a habit that I need to quit now. This list might not seem like much to some people, but for me, I honestly feel ashamed of it.

So, I'm wiping the slate clean and starting February afresh. All of my utilities and bills have been paid for the month, and I have a full tank of petrol to keep me going for the next few weeks too. Thankfully I have a uni assignment due this month which will keep me busy in the evenings and weekends so I'm hoping I can resist temptation for the first few weeks no probs - wish me luck!

I hope everyone is smashing their new years resolutions and making 2018 their boss, I love reading about everyone's progress, please keep me updated in the comments below... xoxo

Images courtesy of unsplash.com

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