What kills your money saving?

Snooze button

(Ah snooze button. My nemesis! We meet again…)

What is your number one enemy in the ‘you vs. money’ fight?

For me – it’s organisation. Now I don’t just mean keeping track of my finances and control of my cash. That’s super important too but I’m actually not too bad at that. I keep a spreadsheet and I quite enjoy plugging in all the amounts I’ve spent – makes me feel in control and I can see where I’m at.

No, I’m talking day to day organisation and life planning. For me, this is the number one thing that leads me to spend unnecessary money.

If I’m honest I think it’s probably going to be something I always struggle with. I’m that irritating person who is always 10 minutes late to every personal appointment or engagement. I just can’t seem to leave myself enough time to actually get to where I’m going. I’m always squeezing in one more thing to do before setting off.

Interestingly I don’t do this at work. Different priorities maybe? I don’t know. Either way, it’s not good.

I also procrastinate. A lot. Something that could be done now, almost always gets put off until later, and then probably squeezed in at a point when I’m actually supposed to be going to do something else! Vicious circle right there.

Vicious circle(Grrrr – a vicious circle. Sorry, sorry. Couldn’t help myself)

And boy do I pay the price!! I’ll give you an example:

On a good day I’ll get up at the planned time, get dressed etc. and grab my pre-made lunch from the fridge before going to catch the early train. I’ll park in the free spaces and walk to the station. Then, once in London, I’ll walk to work. No spend. If I walk back from work as well, I can easily have a no spend day without even thinking about it.

On a bad (read, normal) day I’ll hit the snooze button too many times. I won’t grab my lunch, either because I’m in a rush and I forget it or because I couldn’t be bothered to make one the night before and thought I’d have time in the morning (see: procrastination). I’ll have to park at the station because I don’t have time to walk from the free spaces (£), and once in London I’ll have to get the bus because I caught the slightly later train and don’t have time to walk (£). Later I’ll have to buy lunch (£) because I didn’t bring my own.

And there. In a few easy, barely even registered steps, I’ve actually spent quite a lot of money. Parking is about £8, bus £1.50, lunch about £5. Total cost for not getting up 15 mins earlier: £14.50. Ouch.

If this was every day I’m down nearly £300 over the month. £300 just for hitting the snooze button! Jeez. That’s an expensive habit.

And sadly this is often too normal for me. It’s improved a lot though since I started tracking my spending and realised just where my money was trickling away to. I genuinely couldn’t work out why I was always sinking into my overdraft – I wasn’t buying anything! There were no lines of lovely Jimmy Choos in my closet as evidence of where my money was going.

It was both enlightening and depressing to see just actually it was just being whittered away on mundane, normal life. Nothing special. Nothing to show for it. Just hundreds being burned each month on stuff that could easily be addressed.

So yeah. I now do make an effort to make lunches. And to try and catch the earlier train. It’s a rare day when I don’t walk to work, either there or back – if not both. But I’ll be honest, life is pretty crazy right now what with house renovations and a less than ideal living situation, and the moment things get stressful I do find myself falling back into bad habits. And that costs.

So here’s to a new month, a new pay cheque and trying to hit the snooze button just one time less… See you bright and early in the morning!

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