Starting this challenge was always going to be tough. If I have something to save for, I can usually do it. But saving just for the sake of it? Well, that’s a different story. I challenged myself in February to spend less than $50 a week. It really opened my eyes to how much money it takes to get by! Take a look at how I went.
Week One: Saturday 1- Sunday 9
- $35 on Valentines Day gift for David
- $10 Dinner at the pub
- $13.60 on train tickets
Ok so for a first attempt I did pretty well. I did go over, but I managed to save money on meals by having them at home (so mum and dad would pay ) and I limited the amount of times I went out in the week. Still, I had no idea how much my weekly expenses actually added up to!
Week Two: Sunday 9 – Sunday 16
- $20.40 on train tickets
- $5 on sushi for lunch
- $1.20 protein ball at Boost Juice after work
- $50 Valentine’s trip to Forster (We stayed with my grandparents, so they covered a lot of our expenses )
Ok so at this stage I’m think I will never be able to spend less than $50 in a week. I went over again, but had I not gone away for the weekend I wouldn’t have. So I might count this week as a win! You’ve got to spoil yourself somehow and I think travelling is the perfect way to do just that.
Week Three: Sunday 16 – Sunday 23
- $17 dinner date with David
- $5 Friday night pub pool
- $6 on Subway lunch
- $4 on milkshake
- $13.60 on train tickets
I did it! I went a week without blowing my budget. I was still able to hang out with David and friends and go out for dinner and lunch. I know that it took me two weeks to master the budget, but it’s nice to know that I’m capable of it. Looks like I may actually be able to save up for another European holiday this year!
Week Four: Sunday 23- Friday 28
- $35 phone bill
- $3.50 coffee
- $5 on lunch with David
- $24 on train tickets to work and uni
I knew before starting this week that I’d go over. Paying for train tickets and a phone bill in the same week only happens once a month, but it’s enough to send me over $50. I had all my meals at home and packed most of my lunches to compensate. But considering the train and phone expenses, I managed to keep it quite low.
After all that I’ve managed to prove to myself that when I try really hard, it’s possible to save money on a weekly basis. In the past saving money for me meant not being able to do anything. Shopping was a no-go and I avoided eating out at all costs. But I think being smart about my choices when it comes to shopping and going out will help me save quite a lot of money this year – hopefully.
Next month I have challenged myself to avoid eating chocolate, ice cream, chips and all things tasty but unhealthy. You thought I struggled with February, you haven’t seen anything yet!
Have you tried to stick to a budget? Let me know!