A contingency fund is now a priority

FullSizeRender 3.jpgI came out of my hotel room and walked with swag to the hotel reception to checkout. I was proud of the fact that I’d come in massively within budget and had more than enough cash to settle the additional charges for my hotel room. The receptionist hands over my bill and all I can see is a bill for £1067(!) when I’d been expecting to pay for the one £23 breakfast buffet meal that I’d charged to my room. My eyes popped but I tried really quickly to cover the alarm bells. We usually get hotel bookings made centrally so that no one has to settle such huge bills on their personal cards but it appeared that someone had forgotten to do so.  Continue reading

Focusing on the journey instead of the destination

IMG_0403I named this blog “Diary of a reformed spendthrift” after I had the epiphany that I had been living a life of financial irresponsibility. It’s past tense and alludes to the fact that I’m a finished product, that knowledge of my previous state of mind would automatically propel me to the destination that I seek – one of luxurious thrift. My previous posts on failing my ‘£1 a day on food’ challenge and my extremely spendy February share my frustration at my seeming inability to spend in line with my aspirational budget.  Continue reading

Unnatural frugality

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.

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My ‘one day’ list | A gradual transition to ‘one day’ from today.

How many times have you thought about doing something, or read about someone else’s achievement, and thought “I want to do that, but I’ll do it one day”? I bet it happens a lot. I’d even bet that it’s happened once this week. With the number of things and people and skills I admire, I’d argue I experience this at least once a week. It’s otherwise known as the bucket list but I haven’t used that term because apparently that’s a millennial thing and apparently I’m not a millennial. Continue reading

Draft 2: liberty within 12 years

I had a conversation a couple of weeks ago with one of my more frugal friends. We used to live together and she was my saving grace when I needed someone to help me manage my finances. Let’s call her Sasha. Sasha lived in the smallest room in our 3 bed house, paying less rent and owning the least amount of stuff. She shops at Lidl – she swears by their cheap organic produce – and cooks a lot of her meals at home. She spends only on what matters to her – food, relationships, craft beer and travel – and buys good quality clothes and shoes in order to get durability and long wear out of them. She shops for deals and has a decent source of passive income. In our conversation, she revealed me that for the last 2 and a half years, she’s been putting away 50% of her salary in her pension.

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January tracking & goals update

Yay, the longest month of the year has ended. We get paid before Christmas day in December. That, coupled with January’s 5 weeks, always meant that it was a broke week to ten days at the back-end of the month traditionally.Last year, I had already borrowed money from at least one source by this point. In light of all the depressing news in the world right now, I’ll cling onto this positive. I could have gone on a couple more weeks into February without being paid.  Continue reading

How sucking at being frugal still trumps being a spendthrift

I’m 15 days into my uber frugal month and I’m going to be honest, I’m failing. I suppose I’m not just failing, as my last update showed, I’m failing hard. I’ve taken Ubers, I’ve bought clothes, I’ve bought lunch and takeaway repeatedly. I bought an awesome pair of yellow sneakers that I totally adore but given that it’s been raining  a lot, they might not have been the most practical purchase. Essentially I’m pretty sucky at being frugal.

budgeting-for-self-build-home Continue reading

A third of the way through the uber frugal month challenge | an update


So last time out, I explained how I got into (and stayed in) debt. I’m getting my act together. I tracked my spending. I’ve written out my goals. I crated a budget. And, this month I signed up for The Frugalwoods’ uber frugal month (#ufm2017) with an aim to reset my hedonistic spending and establish an ideal (baseline) for my desired level of frugality.  Continue reading

Love and financial independence

Everyone knows I’m a natural spendthrift, I mean even new readers of the blog can tell as much from the title. Two things that might not be as immediately obvious are:

  • I’m generous. I give my time and financial resources to those that I consider worthy of them .
  • I’m currently in a relationship with Ms T, a veterinary student with a taste for sparkly things

Love love this movie – nothing to do with this post but there’s no Love and FI movie.

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2017: the year of the saver

I like introspection and challenges. I can’t seem to give my best unless I have stretch targets. I’m equally scared of failure and not so bothered by it (because anything in the direction of my target is better than where I started). New Year’s is always an extra special time of year in this regard, since everyone knows that the end of the year is meant for reflection and challenging oneself with New Year’s resolutions.

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