So a Facebook friend messaged me today.
Alison shared with me what she does to save physical cash. She sets herself a weekly cash grocery budget and if she hasn’t used all her budget up she puts the remainder in a savings jar. She does this each and every week.
I use my debit card a LOT. I’ve read over and over that it’s a LOT harder to spend when you have to physically hand over cash. It’s more painful to do so.. (I’ve been watching Dave Ramsey videos!)
So today, after hearing of Alison’s idea, I got cash out of the ATM and put my monthly budget into a jar and worked out what I could withdraw every week from the jar and keep in my purse for daily expenses.
Looking at my monthly budget I created I could see that that the total amount designated for groceries, household (toilet rolls, bin bags, toiletries etc), entertainment and petrol/travel was £280 per month. This includes the £15 per week I spend on an organic veg box from www.riverford.co.uk (which comes out of my bank account). So taking off the £60 for my veggie boxes that leaves £220 for 4 weeks for all of the above.
Each week I will put £55 physical cash in my purse and pay by cash and see if a few £’s remain at the end of the week for the cash savings jar.
I’m determined to face this year head on, as prepared as I can be, work any overtime if I can, take control and feel safe again.
It’s kind of an oxymoron really, while losing lbs I’ll be saving £’s 🙂