A very happy Valentine's Day to all of you beauties out there - I'm sure you have an abundance of love-themed, beautiful things to look at this morning, so don't let me interrupt the vibe. I was going to compose a bevvy of products I would love to shower over my man (or for him to shower over me!), but I want this blog to be a reflection of real life and, in reality? We can't afford Valentine's this year! We're doing something low-key at home together, and maybe pushing the boat out for a couple of special treats for dinner. I know some other folk might be in the same situation, so I thought I'd maybe talk instead about what I do with my hard-earned cash once I get it, and what steps I take to try and make my money go as far as it can.

I think there's a dangerous assumption amongst people that blog that we just go out buying new stuff every week to photograph and review. The majority of us work very hard for the spare money we have, and anything we re-invest into blogging would only happen after doing important things like bill-paying and making rent - nothing is worth bankrupting yourself over, no matter how beautiful the Tom Ford make up brushes or Queen of Hungary Mist might be. 

Here's what I know (or try to put into practice) about money:

1. It can wait. More often than not, make up launches, fashion trends and seasonal palettes happen a little in advance of when things are actually wearable. Have you noticed the Spring/Summer launches on counters despite the fact that (gloomily) we're in February? My point exactly. If you want it, there's almost always time to account for it into your budget. Which brings me to...

2. The power of Notes. I have four (dangerous) separate wishlists stored on my notes - Fashion, Make Up, Skincare, and Home. I pop down anything that might have caught my eye, or things I find myself repeatedly thinking about, and review it whenever I make a deposit into my savings. It's a pretty quick way to decide how much you actually want something. 

3. Don't fall for the 'Limited Edition'. Never has a sneakier marketing tool been employed. I'm looking at you, Hourglass Ambient Lighting Palette. And you, Narsissist, you're right up there too. Here's something I try to put in practice when I feel the itch to snap something up before the dreaded 'sell out'. Use the rule of three: Are you still thinking about it three hours from when you saw it? What about three days? If days later my mind is still taking me back to product swatches and envisaging the item in my grubby little hands, chances are it's worth the splurge.

4. Get friendly with goals. I have a savings goal. I know, how old am I. But I do, I aim to put away at least a tenth of my salary every month - this sounds small, but it's what I can afford right now. I then review my wishlist, work out what one, two or three items I might want to treat myself to (I try to keep a 'gift to self' budget in place every month too!), if I want to buy anything at all. If I don't, I save the excess, if I do, it's pardy timeeee.

5. Feeling snazzy? Direct debit. Toughie, but challenge yourself to set up a Direct Debit from your current to your savings account every month the day after you get paid, so that you don't even have to think about savings, this just happens naturally. I don't feel comfortable doing this right now with our financial situation being up in the air, but I'm confident by summer/autumn of this year, I should be able to put this in place!

6. Big splurge = big purge. If the boyf and I are looking to go on holiday, or make a big joint purchase, the first thing I try to look to is where can I cut back? Are we being as thoughtful as we can be with money? Have we gotten lazy with making meals at home? Are we buying stuff we don't need? Everything goes on to lock-down and we usually try to set up some kind of payback plan into our joint account, spreading the cost so it's more manageable.

It's not your typical Valentine's day post but, whether you're single or not, looking after your pennies is really important - particularly if you've got a bit of a wandering eye when it comes to beauty ;)

How do you manage your spending habits? Do you guys put money into savings regularly? Am I crazy for worrying about this stuff at 25? Should I go out, pop some bottles and make it rain instead?

7 comments

  1. Funnily enough, I was thinking about writing a similar post this month! And I agree with all the points you've made. I like to think us rearing back from the Dior primer and Chanel blush was down to our joint belief that if we still want it in a few weeks time, then it's worth it. I'm trying to go the route of swatching, seeing how it wears and then re-thinking. It's dangerous for us to just spend, spend, spend with our age and how hard it is to get on the property ladder. I'm with you all the way, even if it means copious nights with a bowl of noodles and paint-stopper vodka. ;) xo

    Adrienne @ Late Night Nonsense | Bloglovin' | YouTube

    ReplyDelete
    Replies
    1. We are just as one! I think we behaved ourselves pretty well, even if said boyfriends didn't agree ;) And holding off on stuff like the Dior and Chanel will just make us appreciate it more when the time comes that we can splurge!! (March 1st, March 1st, March 1st!) T xx

      Delete
  2. I'm definitely trying to put money into my savings account regularly. You're really not crazy for worrying about stuff like this at 25. Saving money is always important no matter your age.

    ReplyDelete
  3. this is such a great post, trying to save up is so hard and these are really great tips, there's just so much stuff to save up for and also so many items in the 'want' list more than the 'need' list haha <3

    http://amelodyofdiaries.blogspot.co.uk/
    http://www.youtube.com/marieljanina

    ReplyDelete
  4. I think smart saving is great at any age, really, the sooner the better! I also keep notes on my iPhone with a wishlist of stuff that I'm interested in buying ... I find wishlists to be super helpful because it really separates the stuff you just want in the moment/because it's new, to products that stand the test of time.

    ReplyDelete
  5. That darn sneaky limited edition gets me everytime haha! Loved your tips :)

    http://neverforgottenhere.blogspot.com/

    ReplyDelete

Powered by Blogger.

Instagram