HOW I SAVED £1000 IN TWO MONTHS

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I always feel like I go through “financial phases”. Sometimes I feel like setting a huge goal and heading straight for it, and other times I just want to treat myself… 7 times in a month. I’m in my third and final year of uni and the prospect of graduating and finding The Job at the end is looming over me and is quite frankly, a freaking scary thought.

Back in July I discovered SugarMamma.TV, a YouTube channel created by Australian financial advisor Canna Campbell, and in August, I decided to completely overhaul my whole outlook on my finances.

Canna is all about creating financial independence for yourself and not having to rely on anyone to provide for you. When I started watching SugarMamma.TV I was coming towards the end of my last loan from 2nd year and still over a month away from receiving my next loan through, and as I didn’t work over the summer I wasn’t in a position to put money into savings there and then like I would’ve loved to. Instead, I created a budget using the SugarMamma spreadsheet available here on Canna’s website, it’s so easy to use and really makes you think about how much you really spend on particularly frivolous everyday items.

This brings me on to my favourite tips that I learnt from Canna that have helped me to save £1000 in under 2 months…

  1. Set a Goal
    When I first started thinking seriously about my finances, I didn’t have a set goal, mainly because I didn’t really know how well I would do – whether or not that goal would even be a realistic one. But looking back, I would definitely say that if I had set a goal from the start, I would have probably underestimated just how much I could save in such a short space of time. £1000 in two months, for me, is a lot of money! Set a goal that is high but achievable if your mind is set. Make the goal realistic, but still a number high enough for you to be proud of when you reach it.
  2. Open a Savings Account
    This might seem like a bit of an obvious point, it certainly seems obvious to me now, but I’d never had a separate savings account before now. This is probably my favourite out of all the tips as it really allows you to see exactly how much money you aren’t spending! It also acts as a barrier if you are an impulse spender like me!
  3. Create a Budget
    When I first used the budget spreadsheet on the SugarMamma website, I tried to put in the truthful (and shameful) amount of money that I’ve been spending on things like extra data for my phone, Starbucks, magazines, and mid-week leisurely lunches. As an example, it worked out that I was spending almost £700 a year on Starbucks! Like I said, shameful. Whilst I’m particularly embarrassed about admitting that, I also am not committing to completely cut out those things altogether, I would like to have a life! However, it just really does make you more mindful about how much you spend on things that really add up, but don’t really count for anything. I’d much rather spend that money on something that is actually going to bring me joy than just a few Starbucks’ a week. So creating a budget is a HUGE lifesaver when you are saving, it also allows you to work out how much money you’ll have leftover at the end of the month so you can put that in your savings account.
  4. Download a Banking App
    Having a banking app on my phone has really helped me check my balance more often which, in turn, stops me from spending as much! It’s also a tool which makes it easier for you to transfer money from your everyday account over to your savings account.
  5. Put Money Into Your Savings Every Time You Check Your Balance
    I always, always do this and it makes so much difference. For example, if my balance is standing at £854.67, I would put £4.67 into my account. I call it “clearing down” my balance, but it’s basically just rounding it down to the nearest 10. If I’m in a particularly “rich” phase, I’ll round it down to the nearest 100, but every little helps, so even if you only put the £0.67 into your savings, it’s better than nothing! Get into this habit every time you check your balance and your saving will creep up so quickly!
  6. Sell Unwanted Items On eBay
    This is a tip that has killed two birds with one stone for me. Being a fashion obsessive I have accumulated A LOT of clothes. That is including stuff that I don’t wear, things that have never been worn and still has tags on (*sigh*), things that I no longer like and things that don’t fit! It can be a bit of a pain taking photos of everything, writing up descriptions and putting it all up, but it is so rewarding once you start getting bids. Watching people in the middle of a bidding war for your old crap is rather entertaining! The money I’ve earn on eBay has gone straight into my savings account, and this has greatly helped my goal. Plus, it’s given me breathing room in my crowded wardrobe…
  7. Ask Yourself If You Really Need it
    Like I said before, creating a budget has really helped me to be aware of how much I spend on things that I don’t really need. Do I really need a 56th lipstick? No. Do I really need an 8th pair of black skinny jeans? No. Etc. I’ve definitely become more aware when I’m shopping – even though I don’t deprive myself as such, I’m not out to completely change who I am, I’m merely trying to be more intelligent with my finances.

So there are my (well, really Canna’s) top tips for saving money! I’ve saved over £1000 since the end of August – the most amount of money I’ve ever saved before, and it wasn’t even hard. I feel like these are tips for life and I am so grateful that I found SugarMamma.TV to teach me these financial tips and tricks!

This post is in no way affiliated with SugarMamma.TV, I’m just so thankful and proud of myself for having saved as much as I have, and that wouldn’t have happened if it wasn’t for Canna!

THE BLING RINGS!

So this is what my hands look like today:

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I was feeling a bit “ghetto fab” when I got dressed this morning and it reflected on my hands.

Nail polish: Essie – Aruba Blue
Left hand: (1st ring from left): From a market in Old Town Alcudia
2nd ring: Topshop

Right hand: (1st ring from left): ring from the market in Old Town Alcudia
2nd ring: Claw ring bought for my birthday from Asos

Top nail rings from eBay.

Bracelet from River Island (Alexander McQueen knock-off).

FREE AS MY HAIR…. (WIG)

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As it stands, I spend more hours in my bedroom experimenting with hair and make up products than I do doing anything else. Ever since I was old enough to understand what make up was, I was using it. I remember once when I was five, drawing a rather obnoxious question mark on my cheek using my mum’s red lipstick. Not to be advised by the way, as I soon learnt that long-wearing kiss-proof Maybelline is rather difficult to remove from the face. And the same goes for hair products. I remember my mum curling my hair every now and then when I was little, she used to let me leave the house with about 67 god-forsaken pink and sparkly (my favourite colour at the time) clips in my poor hair.
And if I’m honest, right now is not a lot different. Candy pink hair clips and red lipstick question marks aside, I still experiment (albeit upstairs in my room or the bathroom where I have the ability of locking the door).
As I’ve got older and more set in my ways, I’ve become more and more opposed to the mainstream ideals of beauty. I like to dress in a way that I like, not what I think is “trendy” (a word I despise) or what everyone is wearing, or whatever the hell Topshop seem to be selling at the moment. I like to dress how I like to dress and in my stubborn attitude towards, well everything, I can’t be told to dress otherwise. Don’t get me wrong, I of course have days where I refuse to wear anything but sweats and Uggs, but for the main part, I hypocritically despise said garments.

So anyway, back to the point of experimentation. Recently I’ve been avidly looking into wigs, constantly watching countless videos on YouTube (my favourites being from lovekisses99) and decided that I (all of a sudden) “desperately” needed a lace front wig. For those of you that are not exactly clued-up on all this wig-lingo, a lace front wig provides the wearer with a wig that blends into the natural hair line so it genuinely looks like your hair. So after all the months and months of research (and secretly wishing I was an orthodox Jew so that I could go round all the wig shops in North London without getting strange looks), I finally bought myself a wig from none other than eBay. Now, I couldn’t afford a human hair wig, which is what I would’ve preferred, but the wig I bought is 100% Kanekelon which (apparently) is the best synthetic material for a wig.
After having the wig for a few days now, I can honestly say I love it. I literally feel like a different person wearing it. After much careful consideration (slightly exaggerated), I’ve decided to call my wig Kim. Every time I put it on I feel like a Kardashian, I feel like I should be walking round in 6-inch Louboutins and calling everyone “Doll”.
So my experimenting with the wig and feeling like a Kardashian is probably better than walking round with a lipstick question mark on my cheek or a head full of pink clips.