28/10/2014

LIFESTYLE: October No Spending Ban / Urge To Splurge tips


So here we are in my final week of October no spending....

I can honestly say I have not brought 1 item of clothing since I got paid on 26th September and that is amazing for me!!!! 

I did however buy 1 cup of coffee at Starbucks before my Re:So event but apart from that nothing else.

I am writing this on my day off Friday 24th so we are pretty much there!

I have to say the first 10 days was SO SO tough but after that it's like mentally in your head you just don't spend and the urge to spend naturally just goes away. 

Blogging has definitely distracted me but at the same time when looking through Instagram or other blog posts the temptation is at the back of my mind at times.

It's definitely worth doing every other month as it makes a huge difference in your outgoings.

Here are my urge to splurge tips to share with you all.

We are constantly bombarded with messages from advertisers who appeal to our psychological needs (very clever eh) to tempt us into spending money on things we want but may not need. Allow a cooling-off period before spending money on anything you haven't planned for in advance.

One method of controlling your spending that works well is to carry a card in your wallet or use the note pad on your phone. When you see something you want to buy, write it on the card. Force yourself to wait two weeks (or any other period of time you set for yourself, but at least a week) before spending the money on this item. 

During this what they call cooling off period, if you see something else you want, add it to the card. However, you can never have more than three items on the card at any one time, so to add a fourth item, you have to remove one of the other items from the list. If you're an impulse spender, you'll find that you're frequently crossing items off to make room for the newest "must have" thing.

Learn to recognise wants from needs, and practise controlling your impulses to spend your money on things you don't really need, and you'll be able to change your spending habits and end up far ahead financially.

I hope this will help some of you especially if you are an impulse spender.

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25 comments

  1. hey Mandy! you are doing such an amazing job. is your no spending ban for a month? I'm probably doing it for the rest of 2015. perhaps even a little longer. lets see how i will do. lol.

    Chie | The Brown Eyed Fox

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    1. Do you what it doesn't really bother me so I may actually try and keep it going for Nov!

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  2. Hello dear, I am doing a Giveaway on my blog, I invite you to win a sweater (you have 5 choices) from Oasap online store! I hope you participate and if you do, GOOD LUCK! :)

    http://fashiongetsfierceblog.blogspot.pt/2014/10/oasap-sweater-giveaway.html

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    1. Good luck on your give away! Will stop by for a browse later.

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  3. What a great post! I definitely will be using your advice with the notepad and waiting a couple weeks before buying something!

    www.arietoki.blogspot.com

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    1. ooh I really do hope it helps and keep me updated on twitter!

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  4. These tips are really helpful! I'm going to try to stop splurging on myself between now and Christmas so that I can afford some nice presents for my boyfriend and family. I'll definitely keep your tips in mind!
    Francine from The Graduate Goddess xx

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    1. Yes def tough between now and xmas with so many gifts on sale BUT we all know a lot of those things will be discounted after xmas. If u see anything u want for yourself just wait! x

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  5. I don't know how you do it. I should do that one month as well, maybe I should blog about every single expense there is. But for me the next eight weeks will be primarily about my weight loss and I can't do it all at once, can I? :D

    Nadine from the German Girl in London

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    1. I certainly think blogging about it helps you mentally. Good luck if you decide to give it a try! With all this non spending I might just be the only one with money to spend in the sales after xmas! hehe

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  6. WELL DONE ON YOUR SPENDING BAN! You've done amazingly well, I need to give this a go, see if I can do it!

    Ffion
    @awelshblog
    www.asouthwalesblog.com

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    1. Good luck! Once you get through the first 7-10 days it DOES get easier!

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  7. Congrats on your spending ban! I need to do this with makeup - I will try out your tips!

    Sam | www.thatsfetch.com

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    1. Thank you and good luck! It's so worth doing!!!

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  8. Great tips, I really like the idea of writing things down that u see and think u want, I'm always impulse buying if I see something on Facebook or Instagram, even if I don't have a use for it anytime soon. KBx

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    1. Karis!!! Cut the impulse buy and save your pennys for more spa time with us!!! x

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  9. I'm so bad at spending bans I definitely need to take a leaf out of your book!

    Salt and Chic // UK Fashion Blog

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    1. Def worth a try with christmas coming up...we all need to save our pennys!

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  10. That's amazing! I've been saving up for a trip to Vietnam, and exactly like you described, it was very difficult in the beginning. Once you get used to it, you can become a money-saving machine haha!

    Another thing I learned is to never go out in the afternoon on an empty stomach cause I always end up eating something healthy, but expensive. Why pay more when you can prepare it at home?

    Cool Gear Cavalier // Men's Style and Lifestyle

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    1. That is so true...once u get past that difficult stage you almost become not bothered about shopping etc... Got paid yesterday and I don't feel the urge to spend and I love it! Thanks for stopping by Kosta!

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  11. Well done Mandy! All the tips above are great too, good luck for November ;)
    Btw, essentials don't count! hehe

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  12. Great post - I need to remember this and save for Christmas asap.

    Lizzie's Daily Blog

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    1. Thanks Elizabeth - hope it helps you save a few pennys for christmas!

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  13. great tips! I hope you finished the month with spending close to nothing!

    (Still catching up with previous posts)

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