I’ve decided to cut down on spending money on stuff I buy but which I don’t need. Sounds logical right? Well, I had promised myself to spend less come 2011 and since I’ve been doing sort of okay, but not as well as I had hoped I would be doing with it. That’s why I’ve decided to not spend a single dime on things I don’t need until I go to Dublin on August 2nd.
Yesterday was pay day and so, as of today, after paying all of my bills, I will take my credit card out of my wallet and put it somewhere safe and I will not be buying anything that isn’t broken, empty, gone, or necessary in any other way or form. That means that I won’t be allowed to buy any make up, clothes, CDs, books or anything else that does not fall into the basic needs category.
My plan is to save every dime I don’t spend (and which I would normally spend) and put it into my savings account and keep it there. It should be a fair amount as I have some compensation for daily expenses coming up for my study trip, as well as money from the government for my study grant. Also, if I stop spending money on useless things I will be able to save more money from my wages as well. It will be a win-win situation.
Wish me luck!
Q: Have you ever put yourself on a no buy period? (Either forced, i.e. didn’t have the money, or because you thought you were spending too much?)