Hi all.
So in 2016 I felt that the only way for me to clear my debts at a good rate was to effectively ban spending on all unessential items.
I was relatively militant and although I did buy things, although I did buy things I could have just about lived without, I decided that all those purchases were ‘contraband’ purchases.
First I will begin with the spending on the approved categories.
2017 TOTALS
HEALTH = £57.32
GIFTS = £315.88
POSTAGE AND PACKAGING = £131.50
TRAVEL (VISITING) = £183.25
TRAVEL (DAY TO DAY) = £204.70
HOME WARE = £43.56
SOCIAL = £1316.80
CLOTHING MAINTENANCE = £42.85
DEBT = £0.60 (Library Fine)
EBAY = £17.73
WORK EXPENSE = £24.23
Now onto the contraband purchases which I have sub divided into categories.
CLOTHING = £147.30
BOOKS = £12.60
NON ESSENTIAL FOOD = £190.34
UNESSENTIAL HOME WARE = £8.09
BEAUTY = £14.70
NOTEBOOKS = £5.49
MAGAZINES = £17.14
DVDS = £7
HOBBIES = £15.47
TOTAL CONTRABAND SPENDING = £416.92
Ok, so not great.
BUT…..
I looked at what I spent on the same type of purchases in 2016.
The total was £2110.45
I had reduced my spending on unessential purchases by just over 80%.
Can I get a woo woo!!!!???
I think I can call the year a success.
