I’m on a six-week spending ban.
I’m still reading up on minimalism and slowly trying to incorporate it into my everyday life, and this change of approach happened to coincide perfectly with Charlotte of Shoestring Chic’s spending ban challenge.
So I thought: what if I use the spending ban as a way of weeding out what’s not important? By taking note of the impulse buys my brain is tempted by, I can figure out how to stop them, save my money, and become less wasteful, all in one. (That’s the plan, anyway.)
- To stop ordering food for delivery.
- To stop impulse-buying beauty products I’ll only use once or twice.
- To readjust my way of thinking so that I’m buying what I genuinely need and will get value from.
What I Can Spend Money On
- Food shopping. All my meals must be made from scratch — no more ordering in because I can’t be bothered to plan and prepare anything. Meals out are okay, but only for special occasions (and I should probably calm down when it comes to the G&Ts…)
- Beauty products. But — and here’s the catch — I can only spend my money if an essential runs out and needs replacing. No more buying lipstick just because it looks pretty in the tube.
- Everyday travel.
- Bills. Enough said.
A six-week spending ban sounds daunting, but luckily I’m not alone! Charlotte (the creator of the challenge), Bronagh, and Nicki are all giving it a go too, and these are the reasons why:
My goals: 1. Pay off as much of my credit card as I can. 2. Declutter my house and only keep things which I love and/are useful. 3. Research some ways to increase my income. 4. Look into cutting down my food bills!
I am really looking forward to taking part in this challenge. I am in the process of selling my house so trying to save as much money as I can for a deposit.
My main motivation for doing it is I’ve just moved in with my partner to our first flat. We don’t know what money will be like, so doing a challenge like this will encourage me to stop spending randomly and ensure I learn to save properly.
As you can see, we all have different reasons for going on the spending ban but our aims are similar — all of us want to save more, spend less, and generally be more careful with our money. Wish us luck!
Have you ever gone on a spending ban before? Do you have any advice? Let me know in the comments!
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Beth, 25, South East England.
Lover of books, dogs, yoga, travel, gin, and the Oxford comma.
I write about cruelty-free beauty, vegan & veggie food, and trying to lead a less wasteful life. I throw the odd think piece in there, too.