Sunday, March 8, 2015

No Buy February - The Report

It's March now, and I'm pleased to say I managed to pass No Buy February!
I'd previously set myself a goal of now buying the following :

1. Clothes
2. Shoes
3. Books (I LOVE!!!)
4. Beauty products (this is a bit stupid, because I have a big supply of stuff already)
5. Anything deemed unnecessary.

Now, the month passed by a lot easier than I thought it would. First of all, I think I had psychological help knowing that February was the shortest month of the year. I also took things more on a day by day or week by week basis. Instead of thinking - 'Oh God, I'm not going to be buying any shit for a month!' I thought of it more along the lines of - 'Okay, I'll see how not buying anything this one week makes me feel.' Now, since one week is a pretty short chunk of time it's feels very doable.

An important point that helped a lot was I stopped going to shopping malls. After all, you can't buy what you can't see, right? I also stopped going online shopping, which made a huge impact - as most of my purchases are online. In fact, I have a few dressed still wrapped in their Asos packaging at the bottom of my cupboard because I just like the process of buying, and not actually the process of using the shit that I buy.

So, what did I discover from No Buy February?

1. It's a lot easier than I thought it would be.

2. I saved a lot of money. But ok, this is a bit two pronged. Because I wasn't spending hundreds and thousands on shopping, I could afford to spend a little more on food. This doesn't mean I just replaced my vice, because I still ended up with a lot more savings at the end of the month.

3. There was no stress on finding homes to put my new stuff. I live in a super tiny apartment with an already overflowing wardrobe, so every new purchase is always a headache when it comes to finding somewhere to store it.

4. I didn't miss it. I didn't miss the buying, and I found this pretty interesting. I spent my time online reading more sites that I liked and that I thought gave value add, like Business Insider. (OK, I also spent a lot of time reading Daily Mail. So sue me. That trashy tabloid is pretty damn fun.)

5. I felt better using stuff I already had. It just feels like I'm getting more value for money, more bang for my buck, whatever it's called, because instead of running out and buying new stuff just because I was on a whim, I re-used whatever I had.

Since No Buy February went well, I've decided to extend my no-buy spree for another two weeks. Now, my intention is actually to turn No Buy February to No Buy March, but I've decided to slice it into smaller blocks of time so that the task feels a lot more doable.

Oh, and we got our bonus from the company in February. Now, in the past 5 years, I've spent my bonus clearing my credit card debts from either my travel tickets or shopping. This year, I managed to save it all! I have to say I'm really proud about that.

I also spent a lot of time watching Suze Orman when I went back home for Chinese New Year, and she scared the shit out of me by talking nonstop about a retirement fund which..I..realized...I..don't...have...

So I need to play a lot of catchup, but at least I'm off to a good start!

Toodles for now!

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