Over the past couple on months, I’ve been feeling very guilty about my money situation. Actually, I always feel guilty about my money situation, but this time it’s been a prolonged feeling of guilt and it’s getting in the way of me being able to live my life.
Truthfully? I have £1,000’s on pounds worth of debt. It’s crippling and I hate it. However, a mixture of making some very poor choices when my mental health was far from its finest and having zero pounds to my name, meant that I took out a loan and have been crippled every month with the money I have to pay out of my pay check.
Without the debt that I have to pay off, I’d be a pretty well off person. With it? I can barely make it pay check to pay check after I’ve paid all my bills. In between, I try and live my life, but it means that any money I try to put away for savings ends up being spent.
It’s an awful, vicious cycle and, more than anything, I wish it was different. I work SO hard for my money and, most of the time, I don’t feel like I’ve got much to show for it (even if that’s not explicitly true).
So, I’ve been thinking about a spending ban.
Crazy, I know. But, hear me out.
Cait Flanders (an, AWESOME blogger who I’ve been following since way back in her Blonde on a Budget days) was in a similar situation to me. She hated the material life that she had created and also had debts that she had to pay off so, she set herself a challenge – a year long spending ban (which soon turned into two years). Eventually, she paid off all her debts, as well as making herself a much better life that she loves and would never change.
So, a question….
Have you ever been on a shopping ban? Would you recommend it? If you’ve never done one, would you? Do you think you could cope? Essentially, I’m looking for any information, thoughts and recommendations about shopping bans and whether or not to do it. Hit.Me.Up. (And if you want to know more, definitely hit up Cait too. She’s so damn inspiring and, you never know, maybe you’ll start considering it just like me.)
If I was to go ahead, the main goal would be to get some savings behind me. I’m fed up of living pay check to pay check and praying that I have no unexpected expenses coming my way. It brings me so much anxiety and I’ve kind of had enough. I want to gain control of it all – I’m just not sure I can do it….