Hello. I often think that there are connections between saving money, losing weight, stopping smoking, and not over indulging on alcohol, chocolate, and chips. It seems to me that as soon as you tell everyone that you are on a diet, the first thing you think of is, what can I eat. If you mention that you are on the wagon and someone asks you to go for a drink, you then have to give yourself a stern talking to. Similarly, when you start to limit your spending the first thing you think of is what can I buy that's cheap. The old habits that you want to move away from seem to always loom in the background to give you a little dig now and again, making the job a lot harder to turn over a new leaf and change your lifestyle. It is so easy to give up and go with the flow.
A new year is always a bad time to take stock and declare you are going to make changes, we all do it, make promises to ourselves, but the odds of achieving your goals and sticking to your new regime is unlikely to be at the forefront of your mind past the first three months. That's unless you've got me to nag you into keep on walking, ha ha.
For some people the idea of not spending any money is completely alien to them. The habit of popping into a shop and coming out with a lot more than what they went in for is accepted as normal. Anyone who tries to lose weight quickly by starving themselves will eventually cave in and binge on junk food. Comfort spending is similar to comfort eating. If you deprive yourself completely you will get to the point where life seems intolerable. Cutting back to the extent that is making you miserable will weaken your defenses.
So, short term fixes don't work, there will be relapses. Living a frugal and simple life needs a change of mindset. Living within your means doesn't need to be painful. Small changes are best at the start, making notes of how much things cost, keeping check of your spending by keeping a diary. Little tweaks here and there, a little trimming, build yourself up towards budgeting every penny that comes into the house and every penny that goes out.
There will be mistakes made, ooops, spent too much, learn from it, be more vigilant next time. Budgeting does not mean you have to deprive yourself, it means you need to work out what your priorities are. Cut costs on what isn't important to you, so you have money for what is important. If you are a couple sit down together, get out the bills, the bank statements, work out where you want to spend your money. It will be an uphill struggle if you are battling against a partner who is not singing from the same songsheet.
Rules about what you spend your money on. There are no rules, you make up your own. Just because the folks down the street change their car every year, doesn't mean you have to. Don't be a sheep. I don't care what other people do, jealousy is a destructive emotion.
I love the fact that having less gives me more freedom. I started seriously on my frugal journey just over ten years ago. My finances were pretty low, but I didn't care. The challenge was to survive no matter what. I cut the spending to an acceptable level, my treats were super cheap, and therefore I valued them more. Now ten years later I am in a good place. I am looking forward to the next ten years.
I'll be off to Tesco in an hour to see what I can get in the way of cheap food. Haven't been for a while, need to restock the fridge.
Good luck on your journey to a frugal and simple life. If you want it, take some time to work out how to get there. It's all down to you.
Thanks for popping in, we'll catch up soon.
10 hours ago