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100 Day Spending Ban

Friday, 4 January 2013

I've decided to jump on the bandwagon and attempt a 100 day spending ban. I'm absolutely awful with money. I have no self-control and I end up spending money as soon as it hits my bank account. I haven't been out of my overdraft in nearly 3 years, and I'm sick of constantly being in debt due to spending money that I don't have!

I have enough beauty and skincare products to last me the duration of the spending ban, so I'm making a pledge to not buy any more during the 100 days. This is going to be really difficult for me because I just can't resist what I think is a good deal, but I'm going to try my bloody hardest. I'm budgeting money for lunch and buses to college, but I'm going to try and bring my own lunch where I can. I also quit smoking as of 1st January, so I'll be recording how much money I save per week from that and adding it to a savings account, where I plan on treating myself at the end of the spending ban.

I'm not going to set any 'rules' as such, because there aren't any things that I feel I need to make exceptions for. I am not going to buy anything that isn't a necessity (ie, food). I have enough of everything else to keep me going! I'll only really be spending money on groceries, rent and bills. I'm also committing myself to 'dry January', so I won't be spending money on alcohol this month at least. As of next month, I think I'll allow myself a night out once or twice a month.

My spending ban begins today (4th January 2013) and will end on 14th April 2013. I'll be posting weekly updates with how I'm getting on! I think I'll also record any products which I'm tempted by, but resist buying, and keep a running total of how much money I've saved to motivate me.

Are you participating in the 100 day spending ban? If so, leave me a comment with your blog link so I can keep up with your progress!

25 comments:

  1. Good luck with your spending ban. I'm half way through mine at the moment. I feel like I'm failing miserably!
    xx

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  2. Good luck! I started one on December 29. So far it's been really hard but I've not messed up yet.

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    1. Thanks. Aw, well done and good luck for the rest of it! x

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  3. Good luck! Love watching people's progress on these kind of things.. would never be able to do it myself.. as you'll see from my next post haha x

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    1. Thank you! Oh no. :( I'm hating it already, I want to buy things! x

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  4. I've just started too - good luck to both of us!
    I wrote a post about my plan here if you are interested: http://www.kelloves.com/2013/01/100-day-spending-ban.html

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    1. Thank you, shall check it out! Good luck. :) x

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  5. Goodluck - I have put myself on a limited budget for the first half of 2013. I know what you mean with having too many products. I want to use up what I have before buying anything new.

    http://www.letstalkbeauty.co.uk

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  6. Hey I just found your blog through us both being awarded the Liebster award yahhh go us !!! It would be great to follow each other xx let me know on my blog www.imitationisthegreatestformofflattery.blogspot.co.uk xxx
    @sophiepatty

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  7. Good luck! You can do it :) There were times last summer when I hated doing it but I felt so much better for it once the challenge was over xo

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    1. Thank you! I remember reading your posts when you were doing it and thinking "I could never do that" at the time haha. x

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  8. Good luck! I wish I had the courage to try this...I instead am trying to spend 'less' and think more about whether I really need something before buying it.

    Asliceoflisaberry.blogspot.co.uk

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    1. That's a great idea, I'm hoping I'll think more like that once I've completed this challenge. :) x

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  9. A massive GOOD LUCK for this! I physically can't seem to stop spending or else I'd try that! Maybe after my giveaway haha xxx

    beautyconfessionsofabiggirl.blogspot.co.uk

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  10. Good Luck! I'm trying out one of these myself, I just cannot keep spending like I was. I hope it works out for you :)
    Sarah x
    http://somesparkleandshine.blogspot.co.uk/

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  11. Good luck! I've been spending way too much so giving this a go too :( Not been tempted by anything just yet!

    http://absolutebeaut.com

    xx

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  12. Good luck with your spending ban - I just started mine on Tuesday x



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  13. Yea I'm starting tomorrow!!! I'm nervous already since I'm such a beauty and fashion junkie... Not sure how I'm going to cope! http://www.hakmebeauty.com

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  14. Good luck! I'm such a spendaholic despite having no money, I'm not sure how I'd cope with this! Will be interesting to see how you get on and I look forward to reading your posts :)

    Efia @ Effy Talks Life

    xxx

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