I have a very love-hate relationship with money. When I have lots of money, I stress about if I’ll be skint again and when I have no money, I stress about when I’ll have money again. I won’t go too much into my relationship with money because I’m writing a whole post on that soon so I don’t want to spoil it.
You may have seen on my Instagram that I’m currently trying to save for a house with my boyfriend and now I’m saving up for my holiday so I really need to get my bum into saving mode. Here are a few lil’ ways that I’m trying to become a bit better with money.
Using Monzo more
I first found out about Monzo over Twitter and I am so glad that I came across it. If you’ve never heard about it then it’s basically a banking app that really allows you to have more insight into how your money is spent. You can set monthly budgets, create money pots and categorise payments so that you can see how your money is being used.
This app is 100% safe to use, it’s not a con, I promise haha. I just love Monzo because I can see what goes where and keep me within my budget. Monzo is amazing and I’ll promote it to anyone who wants help getting better with money. I even converted my Mom and boyfriend to it!
Being mindful about my goals
One of my biggest flaws in all areas of my life is that I’m really impulsive and mindless at times. In order to combat this flaw, I’m trying to be loads more mindful about my saving goals. I really think about the purchases I make and question whether or not I need to buy that thing.
It’s hard to question my spending because it’s not something that I’m used to doing. But I’m getting really good at asking myself, “Do I need to make that Makeup Revolution order or do I want to save money to buy a house with Liam?”. I’m all about that ‘treat yourself life’ but ultimately, buying a house will be more of a treat for me then a few bits of makeup that I won’t actually use that often.
Connect to my money emotionally
This kind of links to the previous point. Another problem of mine with money is that I don’t connect to it emotionally. I think of it in a very cold way. The way I’ve always kinda looked at it is that my money is there to spend, it’s what money is made for, right? Wrong. I’ve started looking at my money with a lot more emotion. The money in my house saving pot is the money that will one day make it so that I’ll get to live with my boyfriend one day.
That’s going to make me so blooming happy. So I try to attach that feeling of happiness that I’ll feel when we no longer live 200 miles apart and when I get to see him daily. I’m feeling this really helping me. It’s revolutionised how I feel about and look at my money.
Build my credit score
Having a good credit score is something that’s super important to me but I could never trust myself with a credit card. I would literally buy everything I see. This may seem silly but it’s just be being realistic with myself. So, I’m using an Argos Card to help grow my credit. I actually recently bought my laptop using it. Basically it’s a buy now, pay later scheme and as long as you pay within the 3, 6 or 12 month period, it’s interest-free.
With buying a house, I’ll need a good credit score so I am working on it. Also, I want a good credit score in general because who wants a bad one? It feels really strange to have to worry about adult things like this but at the same time, it’s super exciting!
Try having no-spend months
I recently started following Becky on Instagram and she’s very clued-up when it comes to saving and finances! Becky posted on her Instagram Stories that she was trying to do a no-spend month during October and it really inspired me to take part too! So if you follow me on Instagram then you’ll notice I’ve been trying my best.
While I haven’t been during the challenge, doing it has forced me to be a lot more mindful about where my money is going and how I spend my pennies which has opened my eyes massively. I probably won’t try it again during November and December as it’s hard not to spend money in those months with November being my birthday month and December being Christmastime!
♡ How do you save your money?
“Money is like a person. It is attractive to people who respect it” – Unknown.
Until next time,