Sunday, 5 June 2011

Spending Diary-Week 1

"Anyone who lives within their means suffers from a lack of imagination."
Oscar Wilde 

The above quote was probably my mantra when it came spending... well not quite but pretty damn close.

If you read my last post you will see that I am on a mission to challenge my spending.  Starting with the spending diary.......

Week 1

Day 1- Monday
Racked up a tidy sum of £21.85 at Sainsbury's..... intended to be my basis for packed lunches. Funnily enough this never materialized and I paid for my lunch every day. Couple of unnecessary hair products may have been added too.....



£2.99 was spent on a download of The Mark-2 Wife.... short book which provided an evening of entertainment. Probably could of picked one of the many unread books on my bookshelf....
Total Spend £24.84

Day 2- Tuesday
Lunch- Boots £4.38.... not a patch on M+S and with the £3.95 salad meal deal on at the moment i will probably be returning to the dark side of smoked salmon salad. Somethings just don't cut it.
Carpark £5.20 (bain/drain of my life)
Random machine coffee and a Nutrigrain 80p
Total Spend £10.38

Day 3- Wednesday
Carpark £5.20
Pret Lunch £5.20 (Yes, the stuff i bought for lunch was still sitting in the fridge)
Hairgrips £1.99
Apple Headphones £26.00 (I was desperate)
Paper £1.79
Vending machine spending £1.50
£2 charity bucket donation to the Spinal Injury Association (means a lot to me and would never not donate when I see them collecting)
Total Spend £43.68

Day 4- Thursday
Vogue £4.10
Taxi £5.00
Random coffee and chocolate £1.00
Carpark £5.20
Lunch £2.55
Total Spend £17.85 

Day 5- Friday
Carpark £5.20
Subway £2.29
Total spend £7.49

Day 6- Saturday
Lunch £4.20
M+S Dinner £4.45 (dining at the desk.... Saturday night glamour)
Total spend £8.65


Day 7- Sunday
My far my best day, probably more circumstantial than any massive self-control!
Tesco lunch- £4.04
Dairy Milk and three machine coffees £1.10
Total Spend £5.14

Yes that was it.... the truth be told i spend my whole weekend studying in the office and had college today.... however there were no sneaky online 'make myself feel better' purchases. Very proud : )

Total Week 1 Spend £117.03
Lessons learnt- Week 1

1. Admit making lunch is probably something I won't ever do. I cave at the first mention of a lunch out with a colleague, which is most days. That is OK, just don't kid yourself Eleanor.
2. Magazines are generally dull. The internet has a whole plethora of more exciting articles. 
3. Cheap car parking involves being on time. Must get up 30 minutes earlier.
4. I like food; especially out.
5. I can go a week without buying make up and no, I haven't run out.
6. I'm pretty sure my reckless spending would have made more enthralling reading, alas this is not the point. 

Obviously this excludes things such as my board but this my controllable spending.

Week 2......destined to be more expensive, based on the need for petrol and the temptation derived from exam related stress. I'm going to try to be strong.... maybe by name and frugal/thrifty/sparing can be mentioned in a sentence together one day?

I can safely say keeping my card in the back of my Moleskine reminded me I would have to disclose that purchase and put me off on a number of close calls. Knowing the facts had to be faced at the end of the week kept me motivated!

Did anybody else start a diary? How did you all fair?

Elle x

14 comments:

  1. I really really enjoyed this post and will be following your lead and starting a spending diary tomorrow (after I've bought the notepad that is, I have a soft spot for stationary too).

    I kept one for a few months back when I was 18 (I'm 22 now), but now I've finished uni and have no more student finance to rely on it seems more crucial! If I blog about it I'll let you know!
    I hope next week goes okay for you!! XX

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  2. Ohh you are doing so well at noting it down, I've been doing it half heartedly!! I was doing so well but just bought a top today in new look and necklace in accessorize ahh no restraint but not too bad!! Xx

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  3. This is such a good idea! I need to cut my spending too, might give it a go!:)
    xx

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  4. I have started a spending diary this week, well not as in depth as yours but just so that I know where my money is going and hopefully this will make me be able to manage it more!

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  5. Looks like such a great idea :)

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  6. wow this is truly inspiring.

    Im a really bad spendaholic, i had 250 a week ago in my account and i thought it would truly be a miracle if i could keep that money until this friday, but now im down to a measley 100pounds, i honestly dont know how i spent a hundred and 50ounds in a week.

    I totally am the same when it comes what to eat for lunch at work, and i end up sayin a packed lunch will be great as its more tasty and its free considering i still live with parents, but i end up spending a good ten quid a day on drinks and snacks and sandwiches and magazines at tesco's!

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  7. I need to do this too! Good idea! As I now have a mortgage I have to cut on spending money on everything I look at and want! It's very hard! Good on you.

    Please follow my blog :)

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  8. I really need to start something like this!

    Considering moving back in with my parents (after 8 years of living away) my finances have got so bad :(

    I just fritter away money on bits and bobs which is probably the worst thing (popping into Tesco for milk and coming out with shampoo, moisturiser etc etc!)

    Think if I kept a precise record it would shock me out of the habit!!

    Good luck with yours :)

    Clare x

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  9. The guilt i might experience form a spending diary is probably going to prevent me from starting one

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  10. oohh spending diary is a good idea!
    hehe in understand about making lunch! eating out makes me happy!lol

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  11. I loved this post i hope you keep it up!! xxShivvyxx

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  12. Oh such a great idea! I'm going to do this too!:)
    Check my blog and enter my giveaway, will you?

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  13. I love the way you have written everything down.. you've inspired me to actually try and do this for more than 2 days! Ill start next payday as I have no money left lol!

    http://lowri-youcantputyourarmsaroundamemory.blogspot.com/

    x

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  14. such a great idea! I might have to start one of these diarys too because sometimes you just get totally carried away with the spending. Its always on little silly things too, but it all adds up! lol

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