I feel like I’ve said a dirty word or something! Crazy, right? I mean, we’re very much ancouraged not to talk about money. Remember when Sara Tasker tweeted about how much she made in 2017 and it exploded? Mainly with people praising her openness and honesty. Why are we so afraid to talk about money? Well, now that I’m starting to make a little extra here and there (and I stress the little part), my finances are an area that I’ve sort of swept under the rug. Well it’s time to share a few things I’m trying to do in order to get on top of them.
I will confess, I’m not great with money. I’ve never made a ton, which is fine as it’s not like I’m struggling. But I would like to be more responsible, and on top of it. It would be nice to be able to save more, and actually have a bit more money for thing I’d like, but I’ve got a bit of debt.
I’d also like to be in a place where if I do eventually go freelance/full time with the blog, I don’t have those added pressures of panicking about money. Why not work to fix my habits now instead of when I’m going through a big financial change, ya know?
So I’m making a few changes at the moment, in an effort to be transparent and get my head in the game. (Get’cha, get’cha, get’cha, get’cha head in the game!)
Finance Change #1: Carrying Cash
I can get a little contactless happy, so a few months ago, I started taking cash out as a way to curb my spending. When I get paid, I take out some cash, and at the start of each week of the month, I take a quarter of it. Once that’s gone, it’s gone until the next week. It has helped me see where I’m physically spending my money, and I’m less inclined to waste it when I know it has to last me x amount of days!
Finance Change #2: Focus on One Goal
After paying all my bills I don’t always have a lot left over. So I’ve decided to focus on one goal over the next few months, which is paying off my credit card. For the next 4 months, I’m going to aim to pay £400 on my credit card and pay it off quickly (It’s at £1500 right now). Then, I can focus on putting aside savings and various other bits!
Finance Change #3: Cut the Small Stuff
I have a bullet journal page dedicated to my monthly expenses. There used to be lots of small things on there that added up, but I’ve been trimming the fat recently. Once Game of Thrones is done, I’ll cancel NowTV. I stopped my monthly subscription from Bloom and Wild, and now treat myself to flowers when I want them from my weekly allowance. Having a page where it’s all written makes things much clearer!
Finance Change #4: Leaving the Credit Card at Home
I can’t pay down my credit card if I’m still using it, can I? So I’ve taken it out of my wallet. Remove the temptation! I’ve also removed it as a payment form on a lot of online things. That way, it isn’t an option. Once I pay it down, it’ll only be for emergencies or big purchases.
I’m definitely better than I used to be, but there is always room for improvement, ya know? Finances are definitely an area where I feel like I’m still a kid and I don’t know what I’m doing! Who’s with me! I hope that by being a bit more open and transparent, it also helps me stay accountable!