Love & Lifestyle

26 May



As a single student, working full time and living with roommates I will admit that when it comes to money the only time I really stress is when my savings are looking low and my car decides stop working. Having said this my third roommate has decided to move interstate with her boyfriend. Now not only are my other roommate and I going to miss her like crazy we are left with the decision as to whether or not to find someone to take her spot or tighten our belts. As all our friends are either not in a financial position to move out of home or are already in a place they love, we are looking at the possibility of a stranger moving in with us. Having had some really bad experiences living with people we didn’t know we are strongly leaning towards turning the third bedroom into a home gym and  splitting the rent 50/50. This will require some planning and cut backs on our part. Yep that means some dreaded budgeting. Wanting to take things seriously I started evaluating my spending and I was very surprised. After double checking the figures I was shocked to learn that my everyday activities were costing me a whole lot of cash. In fact I was spending over 11 THOUSAND dollars a year without even realising. I never really thought I lived extravagantly until I really looked into my spending. It was a real eye opener. If you have never evaluated your spending I really suggest you do so. You may be left suprised like I was. So how was I burning 11 thousand dollars of my cash each year you may ask? Well, here’s the breakdown:


Cafe Coffee: Getting up at 5am everyday and not being in bed until after 11pm most days, often leaves me tired and heading to my local coffee shop for a pick me up. I didn’t think there was anything wrong with this until I worked out how much my coffee addiction was actually costing me. On average I  buy 1.5 cups of coffee a day. Each cup costs me $5, taking into account that my 10th is free (I’m a really loyal customer, as you can tell haha) I am spending an average of $48 a week just on coffee. That’s almost two and a half grand a year. Which is insane and could pay for an annual trip to Thailand!

My solution: Take a flask of  home-brewed coffee with me each day and learn to love the free instant at work.

Eggs Benny

Brunch dates and bought work lunches: It’s tempting to meet the girls for brunch and indulge in a $20 (vegetarian) eggs benny or hit the sushi bar for lunch every second day but when you work it these “little” indulgences are super expensive and end up costing me around $80 a week or $4,160 a year!

My Solution: Opt for the raisin bread ($4.00) at brunch and start taking lunch to work. Easy.


Friday Night Cocktails: Since I started my job Friday Night Cocktails have always been a weekly occurrence. As I usually spend the weekend working (I work one weekend on, one off) or catching up on study I only have one cocktail, two at the most which doesn’t seem like a huge expense.  However, with each cocktail at $15 a pop and a taxi ride home (I never drink and drive, even if I think I’m under) Friday night drinks were costing me around $50 a week or $2,600 a year.

My Solution: I really didn’t want to give up my Friday nights, so instead I talked to a workmate (also a friend) about my new budget and we decided to alternate weeks as designated driver. This will ultimately save us both on taxi fare as well as drink costs every second week. Win-Win.

online shopping

Online Shopping: I am an online shopping addict and my purchases are so regular that both my courier and mailman know my name by heart and often joke “Oh looks like ASOS had a sale again!” while delivering my latest silver plastic clad package. Upon looking through my debit card history I worked out through the past 6 months my online spending averaged $60.00 a week, which works out to be around $3,120 a year! If I am completely honest with myself about 50% of my purchases I either end up hating, don’t fit right or I forget about them and end up finding them months later at the back of my cupboard with tagged still attached.

My Solution: Follow my own advice and cut costs where I can when it comes to online shopping. But more importantly stop any impulse buys and limit myself to just $100 a month on online purchases. My wardrobe is seriously bursting as is and I don’t need anything else.

So there you have it “little” ways I was blowing over 11 grand a year with frivolous spending and you could be too! Do you have any tips and tricks for budgeting or saving cash? Becky xo

Image Sources: 1, 2, 3, 4, 5.

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15 Responses to “Love & Lifestyle”

  1. Moi Contre Le Vie May 26, 2013 at 1:32 pm #

    Great advice. I’m a little scared to look at my own expenditures.

    • Becky K. May 26, 2013 at 1:37 pm #

      Definitely an overwhelming experience!
      xo Becky

  2. jessikalyngarcia May 26, 2013 at 2:22 pm #

    I’m afraid to even look not how much I’m spending. During lent I cut out makeup wearing x buying and I was able to save lots…unfortunately with my extra money, I ate and went out for drinks with my friends more often. My bffl x are are going on an adventure through couponing this summer now that we are both out of college x living on our own. It should be interesting x I’m looking forward to sharing my experience on my blog soon.

    • Becky K. May 26, 2013 at 2:41 pm #

      WOW don’t think I could do without make up! haha
      Sounds interested can’t wait to hear about your adventure Jess :) Becky

  3. storybookapothecary May 26, 2013 at 3:40 pm #

    damn scary! I definitely know what you mean. I try to cook in and pack lunch to limit the food costs. those expenses kill my cash! ♥

  4. Huda Sheikh May 26, 2013 at 5:40 pm #

    Hey love ur advice, but more than that love your blog :) … <3

  5. Daire May 26, 2013 at 6:45 pm #

    At te beginning of each month I transfer half my wages into a savings account… if it’s not in my current account I don’t feel tempted to spend it, but if I have an emergency it’s there. I’ve started slacking recently though… I keep buying breakfast pastries on my way to work and meeting friends for lunch, I might have to follow some of your steps to get that unnecessary spending under control!

    • Becky K. May 26, 2013 at 7:23 pm #

      What a great idea! I transfer a bit each week but have a habit of drawing out a bit here and there. Which totally adds up, might have to look at an unlinked account separate to my everyday.
      Thanks for the tip and good luck with the saving.
      Becky :)

  6. Daphne May 27, 2013 at 2:52 pm #

    it’s the little purchases added up that make you want to pull your hair out! my money was magically disappearing from my wallet a while back and i found out the easiest way to keep myself on a budget was to note everything down the old fashioned way with a pen and notebook. i always cringe when I have to write down $5 for another cup of coffee I didn’t really need….lol


  7. Emily Jane May 29, 2013 at 5:31 am #

    oh my gosh, that’s insane! But it’s SO good on you that you actually took a step back, analysed your spending AND came up with real, practical, actionable ways to improve your spending. Good luck!

    I think it’s about time I started working out how much I ACTUALLY spend and hopefully it will scare me into being a little more grown up and responsible with my purchases.

    Emily Jane xo

  8. azwaa May 30, 2013 at 11:38 am #

    online shopping has been the reason why i always lack of money D: anyway,this is really helpful! <3 thank you!

  9. stilettosandtequila June 1, 2013 at 9:27 pm #

    This is so cruelly true. Although I don’t live alone (yet) but I can already imagine myself committing all the same sins couple of years from now when I’ll move to another for my higher studies. Not that I don’t do them already. And yes, online shopping (or in my case online book shopping) is where I end up spend more than required. Also random lunches with my school friends and stopping by those cute little shops to get a cup of hot coffee every morning is very coincidental! :D

    • Becky K. June 1, 2013 at 9:47 pm #

      Agreed such easy habits to fall into! :)


  1. Happy Monday! | Pixi Wishes & Forehead Kisses - August 5, 2013

    […] (Love, Love!) coffee. If you have been reading my blog for a while now you will probably remember this article where I revealed my daily spendings including the annual cost of my cafe coffee addiction. […]

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