Hey guys,
This week I will be talking about bulk buying, as opposed to spontaneous buying of things you really didn't want/need.
I personally am still learning this skill, but it has worked in my favour so far. There are so many things that I would like/need in my life in the moment, but to make sure it's something I would really want in a couple of weeks, then it really is best to make a list of these things and then buying these things later. This way you save so much money, and you have a bunch of lovely things that you saved towards, as well as saving time and effort.
This way of managing money works in all aspects, whether it's groceries, presents, or clothes shopping. However, before buying in bulk, you should make sure it is something that you want/need/like and not something you are buying just because it is on sale or there's a certain offer out there, it's only going to cause you more regrets.
Another way to approach this method is to gradually buy things from the list every week, because you would never know if it happens to be cheaper that time, and it gives you time to see if you can find that thing you want at a better price!
If you are able to, pay with cash, and not by card, so that you are literally only spending the limit with cash, and you are not tempted to overspend.
Sometimes, even shopping online is way more savvy and you save a lot more. For example, I saw a t shirt in a high street shop that was a tad bit too pricey, but a quick look around Amazon or eBay and there it was for a 1/3 less! Sometimes it's even worth seeing if you can get that similar style in a charity shop/bargain store for even less too.
It does take a bit of work, but it does mean a lot of financial freedom later on! It also makes you question your priorities of whether you actually need the things you claim to want so that you feel less guilty about wasting your money!
Good luck, lovelies!
Ify Katherine xo
