LOH Community Contest #168 ~ Work in Progress

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Direction of life, what would you like to see altered going into this year?
Planned improvement in education, lifestyle living, and personal progress.




Let me give us a little story, a few days ago, while I was going through my WhatsApp status, I came across a beautiful handbag that got me excited and the next thing I was doing was imagining the bag on me when I went out for an important occasion, the reason for me buying the bag wasn't because I do not have handbags but because the handbag was beautiful and because I felt I needed the bag too.

I didn't have any spare money for the handbag because, in my list of to-do things, the handbag wasn't in the plan, but I knew I had my daily savings which were enough for the handbag at the moment and I was ready to go break the savings and damn the consequences just to acquire that beautiful black bag.




In my personal goal/lifestyle goal, one of the things I said I was going to work on this year was my "Habit of spending lavishly and buying by impulse" I mean the effect of this habit dawned on me during the festive period when I was out of cash and couldn't access anything when I thought back to the times I had enough and to spare, I thought of any tangible thing I got with that money I had, and saw none. I realized that I became an addict and because of my habit ended up wasting resources that would have been put to good profitable use.

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Well, back to my little story, I was able to tame my over-excitement, put my emotions into check, and think harder if I had any need for the bag at the moment and the answer was NOPE! The funny thing is that my daily savings were for something different, something already planned but at that time, I was ready to overlook my plans just to get what I wanted at the moment, momentary satisfaction.

Luckily, I was fast enough to beat myself in consciousness and give myself a thorough pep-talk about why I do not need the handbag now because I had other bags that could go and just focus on pushing my little daily savings because of the need I have for it in the next six months.




I felt proud being able to stop myself from spending or buying by impulse not because I didn't have the money but because it wasn't a need, so I am hoping and praying that into this year, I could proudly beat my chest and say I have followed up and worked on my habit of spending by impulse.

It's not going to be easy, because I am that sort of girl, but I am hoping that I would love to see that part of my lifestyle altered going into the year because it will save me so much "Had I known" and money too. It's not going to be easy I know but I am going to take the step one at a time until I can minimize my impulse spending habit.




This is my entry to the Ladies of Hive Community Contest #168



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What would be a few good strategies do you employ to control those buying impulses?

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(Edited)

For now, I have a friend to whom I am accountable, so before I buy anything huge I always call to inform her and she kind of puts me on order, secondly, I have a Piggyvest account on my phone, so whenever I am sure I do not need the money with me or will not be in urgent need of the money, I do a transfer to the account immediately.

Because I know breaking the bank to withdraw a fine will take a lot of time and effort and it will warrant a fine, that is the percentage of whatever you are withdrawing.

I also go out with exactly the amount I need or just add a few notes to the cash that I need if I have enough cash with me at home. I don't go out with all the money at home except the money is budgeted to get a particular something on my way out. It helps me manage what I have to the minimum because I wouldn't want to be stranded or out of cash on the way.

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It's good that you didn't just buy the bag on impulse. Sometimes the allure of new things can be irresistible so we have to pause and evaluate whether we really need them or not. Congrats on being able to say No hehe

!LADY

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There was also a time when I was just like you, i spent extra money on those things which i don't need but i just bought because I like that but now I control it. And I hope you'll also do that 😉

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Great way to start the year, aware of a bad habit then making yourself aware and sticking to your intended plan, keep saving!

!LUV
!LADY

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