From the start of January, I put myself on a spending ban, I mean actually having willpower and sticking to it. I wouldn’t consider myself a person who is bad with money, in fact, I think I’m quite good at saving but would like a bit more saved up. If you read my goals & resolutions post then you will know that I’m looking to move out with Sam this year and become a home owner asap, I mean we both have a decent amount saved up for a deposit but I didn’t achieve my end of year amount I wanted saved so here I am saving my pennies.
Don’t get me wrong it’s been so hard as I have a wishlist as long as my arm that I just want to go out and buy, but it’s doing me some good in getting through the mountain of products I’ve collected over the year.
I thought I would share with you some tips that are helping me not spend as much money.
Have a goal
If you’re like me, you’ve decided to go on a spending ban because you want to save up for something. Having this end goal such as a house, a new car, a laptop, a holiday or even something as little as a new jumper. Setting yourself this goal is what keeps you on track, just remember how worth it, it will all be at the end of not spending stupid amounts on yet another new skincare product that I don’t really need as I already have 4 cleansers.
Think before you buy
This may be an obvious one but I’m sure we all do this, especially when it comes to makeup or clothes. When you have your eye on a new pair of shoes think ‘do I already own black boots?’ well yes, I do but these are different because they have an embroidered flower on but in reality do I really need another pair of black boots, this is when I make the decision to move on and forget about them. Try and learn to think realistically if you really need what you are buying and this is when the strong willpower comes in, you need to be strict with yourself, if you know it’s going to be a limited edition thing and you need to get it maybe add it on to your wishlist for later and when you have some money going spare.
Check what you already have
This can be applied to anything food, clothes or products. Before going shopping make sure you are aware of what’s already in the fridge/freezer or take note of how many foundations you own as these all have expiry dates on too. It’s nice to have a clear out once in a while to get rid of any food/products that just don’t look/smell the same anymore.
Use more of what you own
This may not apply to everybody reading but I’m sure there are people like me who have more than one product such as skincare. I have a wide variety of moisturisers, cleansers. I suppose I have so many because of backups and for different purposes. Another thing you shouldn’t do is buy for your blog. The main reason why so many of us beauty bloggers have so many beauty products is probably because of our blogs. There are so many post ideas out there that you can use to refer back to products you already own. I’ve been sticking to this myself and I’ve been getting through so many products which have made me feel better as I slowly start to have more space, hardly any samples left from the beauty box subscriptions I collected and I now have only 3 foundations instead 5-7.
Use vouchers/reward cards
Birthdays & Christmas’s are when we mostly receive vouchers from your family & friends and these can be great for saving money as you can treat yourself to anything you want without spending your money or as a discount, they are a win-win for both sides 1. You don’t have a clue on what to buy something for someone 2. The receiver can buy something they know they want for a cheaper price without having to go through the ‘pretending to like’ the present. Reward cards can also be useful as I have a card for everything, yes it takes up space in my purse but at least I can get myself a free coffee, or money off an item at the end of the month.
Budgeting on the little things can play a big part such as taking a packed lunch to work instead of eating out or instead of spending £20 on a takeaway use that money to buy something to cook. Take a look at your finances in the month and see what you could change and see how much you could save yourself a month.
Not everything that’s high end or designer means it’s the best as there are always cheaper alternatives for everything such as supermarkets and brands. If you shop at Tesco or Sainsbury’s maybe give Aldi or Poundland a try. Makeup dupes are another thing to look into such as if Nars Orgasm blush is something you’ve always wanted but can never justify paying that much money then why not give Sleek Rose Gold a try? there are so much cheaper alternatives out there and I just love finding out dupes.
I hope you find these tips useful and if you have other money-saving tips that I’ve missed off then please share them in the comments as I would love to know more.