It’s two thirds of the way through March and I’ve failed [yet again] another challenge of mine. I went 18 days before I capitulated and spent £15.75 on a Sunday roast after a hard game of football. This roast dinner came right after a work trip to Milan where I was able to indulge (courtesy of my company) on some rather splendid meals with my colleagues. I had no will when hunger struck to wait till I could go home and cook something. These aren’t excuses, just facts.
What did I have in my 2017 budget
I created an FI budget that’s predicated on the following monthly spends:
- Rent & bills: £1061
- Transport (within city): £140
- Groceries/dining-in: £87
- Personal care: £43
- Dating: £108
- Socialising: £108
- Sport: £34
- Giving: £100
- Travel: £199
- Support: £484
- Miscellaneous: £22
TOTAL: £2 278
However, I’m also supposed to be paying off £1067 of debt and save £417 a month. With earnings around £3 100, if I followed my budget I wouldn’t have any savings!
I’ve tried to find my inner saver…
I’ve challenged myself to be thrifty. The uber frugal month challenge in January as well as the #givinguplazy challenge at the start of this month were supposed to inspire me to find the £417 of savings a month through cutting down food, transport and socialising costs – the biggest (non-essential) sink holes that I have.
..but it appears that I can’t find enough momentum to push back against my nature
I’m beginning to think that I should just accept I’m never going to be thrifty.
- I got a new bike but have only cycled twice so far (because I’m terrible at navigating and haven’t sorted out an iPhone mount)
- I keep buying rounds / am unable to resist eating or drinking with my mates
- I can’t seem to sustain making all my meals at home
- I can’t seem to ask people to pay me back – for tickets etc – if they don’t remember to
I just suck at being frugal!
Maybe I should say goodbye to FIRE. Adjust my budget to the reality of paying off my £19k debt over a more realistic 3/4 years. Adjust my retirement date to 65 with some Sabbatical / gap years interspersed between now and then.
Maybe I should just accept that a leopard doesn’t change its spots.