…but to me it is one of the most important ones when showing my development over the last two years.
As mentioned I have kept a spending diary since April 1st 2015. Every little penny I spent, whether it was hundreds of pounds on clothes or a 60p overdue book fine at the library I noted it down.
In the 2015/16 tax year (April – March) I spent £4766.30 during the whole year on everything that wasn’t a bill or food spend.
In the just ended 2016/17 tax year I spent £4471.25 on the same sort of things. Which means I have managed to reduce my spending by £295.05 which looks small but isn’t insignificant to me.
I also do 6 month spreadsheets, and in the first half of the 2016/17 tax year (April-September) I spent £253.91 less than I did in the same period of the 2015/16 tax year (or on average £42.32 less per month on my disposable spends).
In the last half of this tax year, October to March, I spent £307.32 less than I did in the same period of the 2015/16 tax year (or £51.22 less per month on average) so I have been spending less as time goes on.
The crucial difference, the obvious difference, is in 2015 I used credit cards to pay for things. In 2016 I didn’t, until I became unemployed briefly, and in 2017 I haven’t been buying any unessential purchases, so yes my spending would have gone down for those reasons.
But still, I will take small victories where I can.
I will aim to reduce my spending further over this new tax year compared to the year zero that was 2015/16, as it is all extra money I can throw at my debt!
The boy gave me a bonus birthday gift yesterday of some money in an envelope with the strictest instructions it is only to be used for UN-Essential purchases, like makeup and clothes.
I think he means feminine things rather than new football boots.
The old me, it seems so long ago but it wasn’t really, would have run off with the money to the shops and just bought the first thing I had seen just to feel the hit of a shopping high.
I have no plans to spend this money, at least not yet. I am going to keep it in a safe place until I have a burning, uncontrollable desire to absolutely have to buy something that is a forbidden item.
Or some garish football boots.