From a big spender to a big saver

Friday, November 20, 2015

There is one awful truth about people with a great taste - we love to buy. Whatever that would be - clothes, shoes, bags, house decorations, cosmetics, electronics, house improvements, simply everything! And of course, buying costs. During my studies I went through many courses related to economics and how to handle the budget planning. Yet, when it comes to a shopping frenzy I become completely helpless. Living in Spain with constant sales in Zara or Stradivarius did not teach me the real living. Let's face it, I was a big spender. I was visiting stores at Sol (the heart of Madrid) at least once per week, as a local partygoer I obviously needed a new outfit each time I went out. When I moved to Switzerland I quickly sobered up as the prices here catch up with the high salaries. As I plan to move again, I need to increase my savings, and that's why I want to share with you my techniques how to resist shopping and from a big spender, become a big saver!


Spending diary

I recently spoke with my best friend about money and budgeting. She's an absolute genius, she's capable of planning how much cash she can spend each week and I am sure she could easily run a column about things to do without spending a single penny. She revealed that she writes a spending diary, where each day she lists all the things she bought (including the prices). Thanks to that, she learned what she needs to buy and on which things she can actually spare money. Having a daily review of your spendings allows you to take control over your budget and keep your money safe. This will make you realise that you can survive without buying certain things and by doing that, how much you can spare in one day!

Piggy bank

This might sound old school, but believe me, there is nothing more pathetic and humiliating than a desperate breaking a full piggy bank in order to catch up with recent sales. I guess we've all experienced a feeling of regret after spending long saved money on an impulse of buying something we don't really need. That's why if you want to invest in a money box, you better buy a solid one, that you can open only by destroying it. This will prevent sneaking in and reducing the amount gathered inside the box.


Set the goals

Having certain goals motivates us to save money. If you are saving because you want to buy a new car, go on a trip to Maldives, pay off a debt or just buy new Manolo Blahniks, keep remembering your goals! Put a picture of your dream car, a beach in Maldives or shoes next to your piggy bank. Hang it on your fridge or magnetic board. Don't let any moment of weakness destroy your plans!

Estimate a sum and create a deadline

Once you set your goals, you have to decide what amount you need and create a deadline. This will keep you focused and won't let you have a "joker day" from saving. The point of deadlines is to make things ready on time. A deadline makes you feel that there will be a consequence if you don't keep the date. If there won't be any serious consequence of failing the challenge, you can make one to scare you off from spending. Make an imaginary boss who really hates you and is looking for an excuse to get you fired. Spending money is that excuse. Don't make it easy for him!

Start with little things

When I went to Greece last year, I realised something. Everyone was talking about the damn crisis, unemployment and young professionals leaving the country. What did I see? Full bars and restaurants all day long. I was the same. I didn't see the impact of spending a couple of euros on a daily coffee. My mum always tells me: when you have to tighten the belt, you start with the little things. Like a silly coffee you drink every day in a coffeehouse next to your place. Imagine saving those 5 euros every day in a month. Quick math = that would be around 150 euros. New shoes. New house decorations. Imagine saving those 5 euros for 6 months. 900 euros. Want a new iPhone?

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9 Leave a comment

  1. Super post.Faktycznie czasami a nawet bardzo często pod wpływem impulsu kupujemy rzeczy , których tak naprawdę nie potrzebujemy i potem brakuje nam na zakup tych ważnych.Dzienniczek wydatków to dobry pomysł może w końcu odłożę kasę na wyjazd o którym ciągle marzę.

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    1. Dzięki, cieszę się że mogę pomóc! Powodzenia! :)

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  2. Dobre pomysły na oszczędzanie ,chętnie skorzystam z któregoś z pomysłu tylko abym w nim wytrwała bo wiem , że to trudne bo tyle sklepów wkoło i kuszą nas.

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  3. Świetny temat myślałam, że tylko ja mam "ten problem" czyli wydawanie pieniędzy nie zawsze na to co trzeba.

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  4. Sama mam w szafie 2 bluzki z metkami, które wiszą w szafie od roku i wiem ,że ich nigdy nie założę bo do niczego mi nie pasują to był zakup pod wpływem chwili i super okazji.Więc was świetnie rozumiem dziewczyny.

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  5. Nie kupuj tylko dlatego, że jest obniżka cen. kupuj to, co naprawdę jest ci potrzebne.

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  6. Kasia, genialnie napisany zbiór pomysłów. Mam ten sam problem, co prawda nie wydaję aż tyle na zakupy, jednak mam problem z utrzymaniem budżetu w ryzach. Wolę wyjść z przyjaciółmi do knajp i wydaje się to dość niewinne, jednak po przejrzeniu salda daje do myślenia :) Znalazłam bardzo fajną aplikację HomeBudget, który może być ciekawą alternatywą dla dziennika :)

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    Replies
    1. Właśnie ją sobie instaluję z ciekawości! :D

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