Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • ImpulseSpender
    • By ImpulseSpender 11th Oct 18, 4:21 AM
    • 150Posts
    • 388Thanks
    ImpulseSpender
    Curbing my Impulse Spending...
    • #1
    • 11th Oct 18, 4:21 AM
    Curbing my Impulse Spending... 11th Oct 18 at 4:21 AM
    Hi everyone,

    I have been stalking these forums for the past few days and thought I'd join and do a diary. I find "reporting in" makes me more accountable which in turn helps me to stay disciplined.

    I have the following debt below which I am eager to pay off and not have the niggling feeling in the back of my mind. Plus as I'm 24 I seriously need to think about credit scores for mortgages etc.

    Credit Card A £258.78 0% Interest - This will be paid off on 22nd of Oct
    Credit Card B £3144.96 0% Interest until 21/03/2021
    Credit Card C £3564.05 0% Interest until October 2021

    My currently salary situation is a bit of an odd one. Before August my salary was £1900 per month however I am currently seconded to a project and have been in Australia since August which comes with an additional £1000 per month allowance meaning my salary per month is £2900. I am returning to the UK in two weeks where this allowance may potentially continue for another 3 months.

    This additional allowance has been an actual god send and has allowed me to also start savings as well as paying off my debts. As my IF periods are for another 2-2 and a half years, I figured saving made sense.

    My question is, if I am paying £100 each off card B and C each month and saving £300 a month, should I really be decreasing the amount I'm saving (say to 100 per month) and increasing the amount I pay off my debts (say to £200 off each debt per month)?

    I'm really hoping my allowance will continue for the next 3 months and I should know by Friday if this is the case. When I'm on my normal salary of £1900, after bills and debts have been paid there isn't a huge amount left over however I definitely need to re-examine my spending because I know I'm a big spender. I have already started to re-examine my spending and there are a few areas I can cut costs.

    I'm planning to update this diary every few days so I can discuss and use it to encourage me to cut my spending! Reading everyone else's diaries and success stories has also inspired me.

    I've also started an anonymous blog to keep me super accountable which if you're interested can be found at wordpress and is called The Impulse Spender, it won't let me post the URL

    Thanks for reading!

    Impulse Spender
Page 5
    • ImpulseSpender
    • By ImpulseSpender 18th Feb 19, 6:03 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Not updated in a few days and been a bit up and very down.

    Thursday - Spent £4 on coffees and then because I wasnít seeing my boyfriend for Valentineís Day I spent £15.35 on an Indian takeaway.

    Friday - NSD so was much better.

    Saturday - I met a friend in London so spent £16.20 on train fares. Then spent £12.45 on lunch. Bought us two coffee and some soft drinks so another £8.70 and then £3.79 in the train station on the way home on a couple of snacks.

    Sunday - This was a disaster. I planned to do my weekly shop and so expected to spend £25-£30. Instead I spent £68.92 in Mr T Now all of this wasnít on food. I had to get someone in my team whose leaving a bottle of rum and a card so that added £16 on. I also had to get some shampoo and conditioner and wax strips as Iíd run out so that all together was £18. Plus some other cleaning bits I donít usually buy so there were a few things away from my weekly shop.

    I get paid on Thursday so trying to have NSDs until after then. Iíve done one today and really canít see tomorrow or Wednesday being one so I am hopeful. Feeling motivated after the weekend to get back on it now and stick to the £12 a day challenge again which Iím planning on starting a week today again.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 20th Feb 19, 7:45 AM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Yesterday I spent £3.45 on coffee and a croissant for breakfast. Also paid off a spare £60 that I have towards my MBNA CC

    I forgot that tonight I have an eyebrow wax and tint appointment so that will be £25. I get paid tomorrow so more will be paid off CC and YNAB wil be all budgeted for.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 22nd Feb 19, 6:58 AM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Payday yesterday so paid £100 off MBNA and £200 off Santander.

    Added £50 to the weekend break pot and £30 to the Christmas 2019 pot.

    Going to a friends tonight for drinks and a sleepover so will pick up a couple of drinks on my way. Also having lunch out as someone in my team is leaving but planned out what I’m having and budgeted for that.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 25th Feb 19, 6:24 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started my £12 a day challenge and today was a NSD.

    Also transferred over £50 into my emergency savings which I forgot to do when I got paid.

    Out for lunch tomorrow again as someone is leaving but again planned what I’m going to have.

    Wish we did a different activity when someone left rather than eat out, not good for my waistline or my wallet!
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 26th Feb 19, 6:11 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started the day with £24 and spent £16.95 on lunch out for someone leaving. Then spent 2.80 at the Coop on some veg.

    So taking £4.25 into tomorrow which should be a no spend day.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 28th Feb 19, 6:41 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started yesterday with £16.25 and treated myself to breakfast and a coffee because I was in super early. That cost me £3.35 and so ended the day with £12.90.

    Today I started the day with £24.90 and it was a NSD woo! So ending the with that I started.

    As itís the last day of the month I decided to take a proper look at YNAB to see where my highest spending was for Feb. Groceries were £117.42 which isnít a disaster but could be so much lower. My clear disaster area was dining out with £147.05 this is a crazy amount!! Thatís £36 a week. Iíve had a few work leaving meals which havenít helped and I think my issue is that I try to plan what to have but once Iím in there I order more than what I need. Again not helping my waistline or wallet.

    Canít believe Iíve not looked back and assessed the month like this before. Itís been really eye opening to see what I actually spend.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • enthusiasticsaver
    • By enthusiasticsaver 28th Feb 19, 7:29 PM
    • 9,229 Posts
    • 21,510 Thanks
    enthusiasticsaver
    Sounds like you are doing well on analysing your spending. The groceries figure is good. At least you now know where your overspend areas are. Not sure what to suggest about the meals out but I often find they all come at the same time too.
    Early retired in December 2017

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • ImpulseSpender
    • By ImpulseSpender 1st Mar 19, 7:20 AM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Completely agree Enthusiasticsaver. I ate out Friday, Saturday, Sunday and Tuesday last week due to various reasons. This month I cannot see it being anywhere near as much as last month. I have a friend coming to stay towards the end so we'll probably go for dinner and a brunch but aiming for that to be the only meals out.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 1st Mar 19, 4:24 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £36.90 and had another NSD today.

    Don't really have any plans for tonight or really for this weekend so should be a quiet one on the spending front.

    Need to get a food shop tomorrow from Mr T but aiming for a £25 limit on the spending which should be doable.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 2nd Mar 19, 5:30 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £48.90. Planned out my meals so went to do a weekly food shop at Mr Ts. Spent £32.36 which was slightly over what I planned to spend. There was probably a couple of things that I could have done without but I still think that would have only shaved off £2 or £3 as I stuck to my list.

    Nothing much planned for this evening other than a chill in front of the TV. Tomorrow I need to go and pick up a presecription but that should be the only spend tomorrow.

    Ending today on £16.54
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 3rd Mar 19, 7:20 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £28.54. Needed to collect a prescription so spent £8.80 on that and then spent £4.99 on an add on for my Sims game.

    So ending this week with £14.75. Still not fully decided what to do with whats left over at the end of each week. I think I'm gonna move it to a seperate pot in case of general emergencies where I need more than £12 a day. Then I'll empty at the end of the month and use it to pay off more off the MBNA card.

    Feeling positive about this week, planned all meals so should be no additional buying of food or lunches. Got no social ocassions after work this week either. Fingers crossed I have another positive week!
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 4th Mar 19, 8:15 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £12 and not had any spends today. Lunch was a dominos provided by work so there are perks to the job ha.

    I’ve been putting £50 away a month for a weekend away with my boyfriend in the Summer and he’s now being very non committal about going away despite it being his idea! He’s concerned about money because he’s still a student but it’s so frustrating that I’ve been saving and looking forward to going away and now it looks like I’m not. I’ll keep putting money away and at least if I don’t go away I can throw the money at my debts or savings.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 5th Mar 19, 9:14 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £24 and bought two boxes of green tea from Mr T at lunch for £1.50. I’ve definitely not got an excuse to go to coffee shop now!

    Met up with my mum who was down this way for work and we went for dinner at a lovely Portuguese restaurant. She very kindly paid so no spend incurred there.

    Ending today on £22.50
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • SavingAFuture
    • By SavingAFuture 6th Mar 19, 8:13 AM
    • 129 Posts
    • 273 Thanks
    SavingAFuture
    Hi Impulse Spender,
    I love your £12 a day challenge. Is this a challenge somewhere on the forum or one you thought of yourself? Are there any rules to follow? I'd be interested in giving it a go myself!
    Best wishes,
    SaF x
    Starting over again...
    CC1: £1144.58 / £1144.58
    • ImpulseSpender
    • By ImpulseSpender 6th Mar 19, 7:05 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Hi SavingAFuture,

    I got the inspiration from Charhen19 whose diary is on the forum. I think she started with £12 and then found that comfortable and so kept taking it down by £1 each month. I think she might be on £9 now

    Regarding rules, itís what works for you. So my DD are excluded and I often exclude petrol because I commute quite heavily for my work. I will use some for petrol if I think I can get away with it. I roll over the £12 each day or whatís left of it and then currently Iím storing away the extra so I canít spend it too easily.

    Some people do it with cash too whereas I do it with my account. So I transfer £12 a day from my current account to monzo. Again itís what works for you.

    I think there might be a challenge board on here for daily limit challenges but I donít follow one but I really should if there is one!
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 6th Mar 19, 7:09 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £34.50 and was working from another office and completely forgot my lunch so had to buy some. That was a spend of £5.40. Just shows you how expensive it would work out not preparing lunch normally!

    I then said I’d go to the cinema on Friday night with some friend so I paid for my ticket which was £14.80. Need to make sure I resist the popcorn while I’m there!

    So ending today on £14.30. Can’t think of any spends for tomorrow so looks like it will be a NSD hopefully!!
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 7th Mar 19, 7:00 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Today was a bit naughty with regards to spending. I bought coffee and breakfast when I got to work which came to £3.35 and then for dinner I bought some tortellini which was £3.02.

    So I started today off with £26.30 and ending with £19.93.

    Working from home tomorrow and then going to the cinema in the evening where I will avoid treats. My flat mate and I have agreed we’ll cook before the dinner so that means I won’t have to eat out which I was worried about.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 10th Mar 19, 7:46 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Dear Diary, I have a confession.

    So Friday was okay, I went the cinema and bought some popcorn and water which set me back £7.80.

    However Saturday...
    I needed to get some groceries so I went to Mr Ts. Groceries came to £25.83 which was okay. My mistake was when I looked at the clothes. I needed a pair of jeans so thought I'd have a look but then I also saw a top, dress and pair of shoes. To cut a long story short the clothes came to £64.50 which isn't great but split between 4 items works out at around £16 each which isn't too bad. Everything was accounted for in YNAB and within budget. Plus I get my points from Mr T.

    I obviously didn't have enough left over from earlier in the week and so had to move over the money saved from the week before and then some from my current account. I didn't give myself £12 today due to yesterday.

    Starting with £12 again tomorrow and onwards. Meals are all planned out and bought for so shouldn't incur too many spends during the week.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 11th Mar 19, 5:34 PM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Started today with £12. Was working from home so at lunch I had to go back to Mr Ts as the security tags had been left on the clothes I bought. While I was there I picked up some soup, a roll and some yoghurts. Full of cold and all I wanted was nice hot soup. That came to £3.95 so ending today with £9.28.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
    • ImpulseSpender
    • By ImpulseSpender 15th Mar 19, 11:50 AM
    • 150 Posts
    • 388 Thanks
    ImpulseSpender
    Tuesday - Was a NSD so ended the day with £21.28

    Wednesday - Started the day with £33.28 and spent £1.65 on a coffee so ended with £31.63.

    Thursday - Started with £43.63. Wheels came off a bit today. Bought lunch which was £4.00 and then got something from the Chinese for tea which was £13.30. Ended with £26.33.

    Bought lunch today because I was working from home and really fancied a jacket potato. There's a really good, cute local cafe on my road which I got it from. I always like to eat there occasionally as I feel better buying from a local business.
    FD CC - 258.78/258.78, Santander CC - 507/3883.17, MBNA CC - 760/3144.96, Savings - £400/5000
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

30Posts Today

3,017Users online

Martin's Twitter