AHHT LAST - I've spent...

So... June is here and so are the sales!

What's good?

Well with shops opening their doors to the red bold -50% sign on the sales floor, I'm sure the excitement raised joyfully! I must admit, I did go out and spent but this time I managed to do it wisely. Couple years back I would have happily and without a second thought comped money to shop for goodies. None of them actually pleased me in the end (thinking about it) but this time it was achieved with money that I had purposely saved for the sales. Happy, Yes! Trouble? I oddly found myself returning most items.

With everyone shopping with excitement, it is very wise to shop with money you have solely saved rather than money you don't have. To my surprise, I spent way less than the budget I gave myself. When I mean, less... I'm talking less. 

This huge change showed and proved to me that I:

- Managed my money properly

- Shop for things which I really NEEDED rather than wanted 

- Asked myself if I have anything similar at home (which will most likely be a Yes and this directly helps me to put the item down if I do)

- Am still accountable of owning clothes with attached tags to them

- I spent way too much to come to the conclusion that the things I bought had no relevance to my needs, from previous shopping during the Sales

The list can go on, but this should be a guide to not do silly spending. With the remaining funds having it saved for the next upcoming sales would be a suggestion.

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Caught in the act

Here we are, finally reached June. Outlooking my personal progress towards money this month, and carefully observing, I can honestly say that I have undoubtedly been very naughty staying in line with my spending.

I have been going out with friends and been doing "little spending". On my journey back home from West End today I added up all my spendings and discovered that I REALLY did go overboard with my budget. Total? £117.66

Ouch! Now that is a lot! 

I know what I did was wrong, there will be a time where you will let yourself go with spending because you think that the money you are spending away is "small" but be in control! DO NOT LET THAT BECOME A HABIT! However, the sum of the moniesss which I've realised to be spending like I had no money to save, made me realise that this was a wake up call. 

What's next?

No more spending! BUT! The next pay received, I'd have to reimburse myself, meaning whatever sum I receive, that amazing 117.66 will directly be my main priority subtracted from it. Sucks right. This will teach me that these little spendings can be a dangerous step if I keep continuously with no awareness loose track, and this can put me in a bad circumstance if I ever urgently needed that money for much more important situations.

Tips/Review:

- Keep track of your spending, even the smaller ones and keep your receipts (This is also a good way if you had been charged twice if appeared differently on your bank statement).

- This was an alert for myself, as soon as I realised that my spending was getting worse I held myself back and told myself no more. 

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Plan for Sun

Everyone wants a treat and everyone wants a treat in the SUN! 

I've been to a few places but the sun had never been the cause or the reason to escape from the horrible British weather. My main reason for an escape would generally be to relax or to be away from home for some peace and quiet. 

For some people, it can be quiet hard to save for a holiday as some things are main priorities and important. Working full-time and still enjoying the outings with friends, I've managed to come up with an idea on how to save for a holiday. This was a random idea which came to mind last month and thought I'll put it in to practice. 

Verdict?

Well, I'm glad to know that its going well! 

You can do this alone or you can do this with your partner or a friend... But I would honestly say that it works better with your loved ones. Two people or more is also ideal.

The trick of this plan is to workout how much each can afford from your intake bi-weekly or monthly paycheck. For myself I've decided to put in £20 every two weeks... if a payment has been missed I then add £10 to every week failed.

So, find yourself a pot... or a jar.... whatever you want to call it and STICK TO IT! 

You can start off like I did, or by doing £20+ depending on how quick you want to go on holiday or how good your paycheck is looking, but firstly set yourself a goal! 

From my plan, we decided to go on holiday next year, the bottom line is, if me and my partner put in £10 every week till the end of the year we have come up to a sum of £700+. Isn't that pretty good eh?

Its slow but this trick is planned and we will be very likely to go on a beach holiday.. this also has its perks and it comes to a conclusion that...

1. We can plan were to go in the meantime of saving and it lets us budget...

2. We will have a chance of booking it at a cheaper price rate if we were to book it early...

3... Saving money aside will help you to deposit for a holiday which will allow you on continuing to save up towards your holiday. 

It's never too late to plan, even starting off with the few odd coins, you'll be very surprised. This just doesn't stop here, I will keep you updated blog!

Tips/Review:

This is good for money management, I've never seen myself doing this but lets all put it to work by the Grace of God and see how far I can do this! Baring in mind that December is only six months away I would like to know how we can achieve! Yikes! 

Any change you have from previous holidays or country breaks feel free to also add it in there! We started off with £80 from a previous holiday this year so I'm pretty sure the outcome should be a good one

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