Intentional spending doesn’t mean depriving yourself of the things you love

Last week I wrote this post, which talks about my own journey in becoming more intentional with my spending and buying less ‘things’.

But what I want to focus on today is how I go about bringing new things into my life, the principles I use when buying things, and how you too can apply these principles to ensure what ‘things’ you spend your money on are adding value to your life.

What do I mean by ‘things’?

I’m not talking about the kinds of things that at a human level, we need. I’m talking about the kinds of things that bring colour into your world, that light it up, and that make it a unique place, a place suited to you!

You might get your colour from..

A beautiful painting, classic leather jacket, a new novel, old-school record, paint brushes, plants, headphones, beautiful crockery, a guitar, bike, antique chair, camera, even someone else’s junk… the list of these ‘things’ is truly endless.

These ‘things’ are important.

Things help us express who we are, to be creative, learn, grow and enjoy life. A world without things is possible, sure, but damn it’d take the rainbow away.

So, how you can have these ‘things’ and still be intentional with your money?

There’s a common misconception that if you’re a frugal person then you’re cheap, you live without nice experiences or nice things and i’m here to tell you that’s simply not true…

You can have these things, if you have focus.

The above image captures the ‘things’ that I bought into my life over the past year. These are things that added value to my life, that were thought about and that I treasure. I applied a series of principles to my thinking to ensure there’s no throwaway fast-fashion trends, no impulses, no things gathering up dust in the drawer, and nothing gone to waste – And that to me is so important.

To help give you focus to be intentional with what ‘things’ you bring into your life, here are my top 4 tips:

1. Know your style:

  • It’s important to know what your personal style is, what you like and don’t like, as by doing so you’ll have a set of criteria to measure against when deciding on what new items to bring into your wardrobe or home.
  • To help you define your style this post has some helpful tips and tricks, or you could use a platform like Pinterest to create boards for different areas such as interiors, clothing, gardens, makeup etc, and pin what you like to give you an overview of your style across these areas.
  • By having clarity on your own personal style, instead of going into a store and seeing thousands of items and trends and buying something that you may not truly like, you’ll be able to focus on the items that align to your own personal style and make better purchasing decisions.

2. Quality over quantity:

  • When buying a new item, it’s better to lean towards the cheaper option right? Well not quite.
  • Sure, in the short-term you’ll have the item and had paid less for it, it’s a win-win, until that item wears out and you’re having to replace it a few months later.
  • By buying an item because it’s cheaper, it’s not being smart with your money, yourself, or the environment, and to help get the point across let me pull out 2 coats…
  • Let’s say you buy the first coat for £25, you use it all through Winter and at the end of the Season it starts to lose its shape and pull. You wore it a total of 40 times at 63p per wear and that’s the end of its life. Next Winter you’ll start again with a new £25 coat, and so on.
  • Now let’s say you buy the second coat for £100, you use it all through Winter and at the end of the Season it’s still standing strong, so you use it the next Winter, and the next, and so on. Over 4 Winters at 40 wears per season, that’s 160 wears and 63p per wear.
  • Now, you might think it’s the same cost-per-wear so there’s no difference between the two coats. But the coat that cost you £100 is delivering far more than just cost-per-wear. It’s made of a good quality fabric that is sustainably sourced, is a brand you love, that pays its employees a fair wage, fits you well and there’s one of them across 4 seasons.
  • Whenever you can, invest in an item, it’ll last you longer and you’ll get so much more than just the item out of it!

3. Know what brands and stores you love (and stick to them):

  • Much like knowing your style helps you to narrow your focus when making new purchases, so does knowing what brands and stores you love.
  • Make a list of the brands and stores you really love and buy 80% of the time within these. I keep a list on Google Docs and add to it each time I come across a new brand or store I love.
  • By doing this you’ll start to collate your own personal ‘mall’, and avoid going into stores that don’t align to your values or style.
  • It might sound simple, but it’ll save you a tone of time and almost always ensure what you buy you’ll love.

4. Give it time:

  • See an item you love and want it now? As much as you might want to buy it then and there, walk away (close the window if online) and give it 48 hours. If you still find in 48 hours you’re thinking about that item, if you can afford it and it fits within your budget allowance then buy it.
  • Most of the time however you’ll find after that period you won’t have it on your mind, which means you didn’t love it as much as you thought you did, and you can put your money into something else that you will.
  • Time is important, it gives us clarity and reduces those impulse and in-the-moment purchases we so often end up regretting, use it to your advantage.

I hope you find value in these 4 principles, and that they help you to buy more intentionally and to bring things into your life that you truly love. Remember being intentional and frugal with your money doesn’t mean restricting yourself of the things you love, but it gives you focus to bring in only the things that you truly do (and less of the stuff that you unintentionally don’t).

THE LADDER GIRL

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