Money and Me - A Spending Ban With A Twist

Saturday, 4 January 2014


I’ll step up and admit it – I’m awful with money. I can often be found wandering up to H&M on my lunchbreak when I already have more dresses than I can wear in a month. I’ll drop a fiver on a lipstick when I always forget to use the ones I already have. I genuinely do not need any more nail polishes or eyeshadows. As mentioned on a recent post, instead of buying lots of little things I don't need, I want to focus more on making the things I do have really count.

In 2015, I’m planning on going on a bit of an American road trip with some friends. I’ve wanted to travel for ages, and now I actually have something to aim for, I really do want to start saving for it. I’m also moving house (again!) at the end of January, and every time I think about moving house I realise how much ‘stuff’ I own. So, with both of these thoughts in mind, I’m taking on a spending ban challenge – with a slight twist.

The rule for my spending ban is incredibly simple - I can only buy new clothes and beauty products with money I've made selling things I already own (excluding ‘essential’ purchases, e.g toothpaste, shampoo etc, as long as I don’t have backups of those already, which I probably do). It’s less restrictive than shouting at myself that I can’t have anything new at all, and it’ll make me think more about what I buy, what I already have, and what I don’t use. I’m planning on sticking to it until my birthday, April 1st, but I’m also hoping it will change my attitude to spending and hoarding.

I feel sometimes that blogging is quite the ‘enabler’, that I always need new things to write about. But a lot of the blogs I admire most aren’t focused on the new must-have expensive foundation; more outlets for expression, which I intend to do more of. It might not gain me hundreds of new followers by being first to review the latest must-haves, but that’s never what I intended this blog to be. As well as being able to sell things, I’m also going to get back into entering competitions – I used to enter a lot and had quite regular wins, which actually felt more exciting than just going out and buying something.

I’ll be blogging about my spending ban with a twist, and if anyone else fancies joining in let me know! I’d also love to hear if you’ve done a spending ban yourself, how you found the experience.

Wish me luck!
Image credits: 1 & 2

18 comments:

  1. That's a lovely goal and I hope you achieve your spending ban so good luck with it!

    Jackie | fashionxfairytale |

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    1. Thankyou! It's gonna be tough but I'm determined to stick to it :) x

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  2. Such a smart idea! I definitely need to think more about my spending habits, and while I don't know if I can do the same thing as you, I definitely want to do some sort of ban as well.
    xx
    Stephanie | Love, August

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    1. It's definitely something I've had a good think about! The idea of selling the old to make way for the new is the right way for me I think - as completely saying 'NO SPENDING' will inevitably end up in me cracking and buying things! Everyone's different, if you can find a way to work for you it's definitely worth doing :) x

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  3. Yes! Blogging is DEFINITELY the enabler! I go through stages with money, and have recently slipped back into a bad one whereby I won't be able to sleep at night worrying about bills, and yet the next day I'll suddenly find myself at the till in Topshop with a pile of clothes over my arm. Just. Terrible. It's almost as if there are two of me, and the one that comfort shops is temporarily blind and ignorant to all outside factors...and then I get home and find myself wallowing in guilt! It's just pathetic, I need to stop it! Ha.
    Having something to aim for is always a plan, especially when it's something as exciting as this.
    I like the fact you haven't banned shopping completely, sounds more realistic!
    Best of luck with it lovely, and happy new year :-)
    Mel xx

    melswallofmirrors.blogspot.co.uk

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    1. I totally get that - shopping definitely isn't called 'retail therapy' for nothing! I'm very guilty of 'comfort shopping', when something goes wrong I feel like a new dress will solve everything...

      Thankyou, happy new year to you too! :) xx

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  4. I desperately need to do a spending ban! But I'm not good at sticking to them, so I'm trying to find alternative motives for not allowing to buy things. I've decided to start in February, so I have a couple weeks to get myself organised and prepare stuff to sell. My aim is to move to London this year, so I'm hoping that will drive me to save some pennies! x

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    1. That's totally a great motive for saving! :D Although once you get here, there's a lot of spending temptation, haha x

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  5. I think that's a wonderful idea! I'm also trying not to buy everything from the drugstore and just focus on spending money on things I really need or have been wanting them for ages.

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    1. Yeah, that's a sensible way too! I might just ban myself from Boots until April...! x

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  6. Good luck with your spending ban! I have my wedding this year to save for and I haven't been doing very well. I'm not going on a due ring ban as such but I can always spend money on bits and bobs in primark or charity shops because they are 'cheap' and then end up just getting rid a few months later because they didn't cost much so I've decided (controversially!) to instead vow to only but good quality irena which are therefore more expensive than I would normally buy and I hate buying expensive stuff so hopefully I will think long and hard before buying something because it's 'only a tenner' lol
    Jen x
    Bows Bangles & Bakes

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    1. Thankyou! Oh, that's a pretty big save! Yeah, I've become a lot more interested in buying quality over quantity too :) x

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  7. good luck, i wish i could do the same
    Happy New Year!

    http://girlynote.blogspot.com/

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    1. I'm such a bad spender, so if I can do it you can too! x

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  8. Ohh good luck with it! It'll all be worth it when you're on your amazing trip! <3

    Jennie xo | sailorjennie.com

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    1. Thankyou! And it most definitely will :D x

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  9. This is a brilliant idea and I hope it goes well for you! I might actually join you...

    Laura xx
    Gin & Giggles

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    1. Ahh do it! :) It's already definitely making me think more about my spending habits :) x

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