Immediately after Christmas, most of us, especially those with limited income, single parents, those on benefits or simply those who have really overspent are pretty much BROKE in the month of January and the only way to balance the books is to cut the spending, and be extra frugal for a month or two.
I’m not against a little moderate consumerism, we need it for our economy and businesses BUT I am against mindless consumerism and the pressure many individuals and young families can feel to overspend way beyond their means. I can understand that we want to give our kids things that make them happy, even more so if they have little or nothing and I enjoy the giving and receiving of affordable gifts, but the sheer weight of debt many encounter post Christmas is a ‘horrible’ situation to have to struggle against.
Looking back to the home front during WW2, that pressure of consumerism was alleviated, families had to mend and make-do and use their ingenuity and creativity to often make gifts. Expectations were certainly not the same as they are today.
So what can we do to really cut back in the New Year to balance the financial scales?
I guess it has to start at Christmas. Reduce the spending, give smaller gifts, don’t use credit cards if you can’t afford to repay it back in a month or two, never spend more than you have and don’t be afraid to say no.
When my marriage broke down several years ago and then consequently losing my work visa in Canada and with no means to support myself, our life took a dramatic turn and ever since the first of those events we have have lived within our means at Christmas and do not own credit cards. That’s not to say we still don’t feel the pinch in January and February though, especially with a multitude of family birthdays taking place BUT a couple of careful months and we are back on track.
So here’s the challenge for anyone who want’s to join in and share their experiences…
“Let’s spend as little as humanely possible for a month, lets do without stuff, be mindful of the food we buy and eat and let’s just mend and make do!”
I’m up for it if you are!!!
I’m not saying we should list our private outgoings and bills etc but rather celebrate the daily cutbacks we make to save money in what we purchase and what we buy at the grocery store!
How little can we spend?
What can we save?
If anyone is up for this as a group lets do this here and/or on my Facebook page.
Well my challenge starts today – I’m off to the shops in an hour or two. I’m going to keep all my receipts and ONLY buy something if I REALLY have to.
Hope you all had a lovely Christmas.
So here’s my first spend since Christmas. £2.80 for toilet rolls and sanitary towels. I wonder how long I can make 6 toilet rolls last!