Monday, September 1, 2008

Emotional Spending and Monthly Goals

After my craptastic day last week, I figured out what it was that made me so unhappy and in need of wasteful retail therapy: sleep-deprivation and the need for solitude and sanctuary.

It sounds strange, but all I did for most of the weekend was spend time with me.

I slept in and napped. I cleaned my apartment and decluttered. I had a nice coretto latte from the Second Cup (yum!) while I read part of the paper on Saturday and Sunday morning. I read a few books. I did my laundry. I watched some tv (though not today, why do they program such lousy tv marathons on Labour Day?). I worked out a little. I just relaxed and chilled. I feel much better. I think my spending breakdown on Friday was just me needing to declutter my head and reorient myself. I felt fine by late Saturday morning, so much so that my weekly flyer perusal didn't generate any 'must buy that now' urges. I guess I need to do more with myself from an emotive relaxation standpoint than externally validating myself through 'I can have thats'.

Reviewing loads of other blogs, I figured I should set some monthly goals for myself. I've never been really goal-oriented, per se, so this should be interesting. I decided to start off on the things I can control and move on from there.

I spent the weekend thinking about the forthcoming month and I figured that the following are achievable goals. I'm focusing on the variables rather than the fixed expenses this month.
  1. Transit - estimate of $95.00. It will cost me $86.75 to get to and from work this month, and the $10 extra should cover any other trips. Luckily, I can walk pretty much everywhere I need to get to except work.
  2. Groceries - estimate of $150.00, including dining out. A linked goal on this is to clear out my cabinets and my fridge/freezer. In order to try and be more successful at this, I am going to try to do it with cash rather than by debit card, like I usually do. I have this funny not-phobia-but-extreme-dislike of breaking $20 bills. It's not that debit represents 'unreal' money or anything like that. It sounds silly, but I just hate trying to get loonies and toonies out of my wallet, so I try to avoid using real cash in places where I know I'll get lots of loose change! I'm interested to see if I spend less at the grocery store this way.
  3. Savings - minimum of $100.00 to go into general savings account. Any leftovers will be allocated to other savings goals accordingly.
  4. Personal Care - I'm budgeting precisely $125.00 towards clothes and $75.00 towards a haircut, waxing and some new make-up. HOWEVER, part of my goal is to not spend up to half of that $200.00 I've budgeted, if that makes sense. I just want to see if I can do it.
  5. CREDIT - I pay my balance off in full every month since I hate the idea of paying interest on something I'm not renting. But this month's goal is TO NOT USE MR. CARD at all.

A personal goal is to hit the gym 3 times this week for cardio and some basic strength training on the machines, then four times each week for the rest of the month.

Wish me luck!

3 comments:

HJ said...

Good luck! Last month was the first month that I publically set down some goals and it's been amazing to see that I've achieved them.

Hope you get on great!

FruGal said...

Glad to hear you are feeling better today after your last post. I have noticed a similar thing with myself. When work pressures get on top of me all my regular routines go out the window - suddenly there's no time for housework, laundry, or my regular running routine (which KILLS me. I get really stressed when I can't go running). And then for some reason all I want to do is shop, shop, shop! I find that all it takes is a few hours of turning off the work emails and doing things that relax me, like going for a run and having a bubble bath, make SO much difference. It's interesting how much shopping is linked to some weird subconscious need for control or something, don't you think? (Does that makes sense...?) :)

Sharon said...

Hi there-yes, I try to pay my card in full now too, after horrendous interest on mine and hubbys for ages!! I too don't want to use my card this month either-good luck!