Hello Dear Reader,
Do you sometimes feel there’s more moth than money? Does the cost of living mean you are stretching your budget further than ever? I know it’s really hard and it’s getting harder.
I’m a normal person, I like a nice house, to dress well, to smell good and to wear quality shoes but just because I want something doesn’t mean I’m just going to go out and buy it. I like to save up and buy what I need and I certainly don’t go without. What I have learnt to do is take time to think about and plan my purchases and wait until I can afford to buy what I need. Sometimes, I have to have a word with myself and remind myself I have plenty of shoes or dresses but it doesn’t stop me from wishing and wanting.
I thought I’d share a few of my ´don’t spend’ questions that you can ask yourself if you’re tempted to spend when you ought to be saving.
Will I really use it?
Do I already own something that I can use in place of this?
Can I get one second hand ?
Can I make one myself?
Will it serve more than one purpose?
Will this be cost effective to maintain?
Will using this require a lot of energy?
Can I wait a week before buying this?
Will buying this make me happy? How long will it make me happy?
Would it be better to rent?
Can I swap for it?
Will I get my money’s worth out of it?
Will I continue to use it after the novelty wears off?
Could I get the same product somewhere else for free? Freecycle?
Will I actually use this product?
How many hours will I have to work for this?
Can this help me financially?
Do I have the room to store this?
Can I find this cheaper?
Is it on my shopping list?
Do I really need it?
By the time I’ve asked these questions, I talk myself out of buying and remember that my aim is to have money left at the end of every month. Of course I budget but I also have to make sure I rein in spending and say no, even when I want to say yes. I don’t always like it but I know I have to do, what I have to do.
Love Froogs xxxxx