Stop pouring your money down the liquid brew

Stop pouring your money down the liquid brew

Coffee is one of those things that if you’re like me you couldn’t go without – although hopefully, you don’t end up as cranky as I do without a liquid fix in the morning…there’s nothing worse than an uncaffeinated Holly.

Despite my dependence and borderline addiction to the stuff there’s so much to love about coffee and the culture surrounding it – walking into a cafe in the morning and smelling the morning buzz, exchanging banter with your favourite barista, watching the creamy liquid being poured into a perfect fern shape, hearing the sizzle of the steam nozzle – it’s electric and it’s addictive.

With the start of the new year I wanted to get an overview of just how much I was investing into this little liquid love affair, so I did a tally of coffee spend in 2018, and it added up – £1,006 to be exact (yes I geek sheeted this out). My daily morning routine stopover at F Mondays for an Oat Flat White the largest proportion of this amount (at a £2.90 per cup) – quite a staggering amount considering that could have paid for a trip home and back.

Coffee is something I enjoy and adds value to my life, but I knew this amount was going overboard – the thing is if you enjoy something and it’s not doing you much harm you don’t have to give it up (and I certainly wasn’t going to put up with an uncaffeinated self anytime soon), but you can be more intentional with how you allocate your money towards what you value.

I’ve seen people carrying their reusable cups in the morning, imagining some kind of dishwasher liquid swimming around under the rim, but if I wanted to reduce my spend and do good for the environment I needed to suck it up, stop being a snob, and give it a go!

Cam had a nice Frank Green reusable cup, so I gave it wash, purchased some supermarket ground beans, a bottle of Oatly, and pulled out the flatmate’s French Press – to my suprise I enjoyed the taste too.

Going to a cafe everyday isn’t essential, and not necessary to enjoy coffee. Being more intentional means cutting back and ultimately valuing more. I’ve pulled back on my weekly coffee spend and still enjoy a cafe brew on the weekends, but now when I do go out I value that liquid fix so much more.

The year I got my shit together by creating a budget

The year I got my shit together by creating a budget

Turn the clock back to 2016. When Ed Sheeran was serenading our speakers, cauliflower steaks were all the rage, legends were lost  – Bowie, Prince & Glenn Frey to name a few, and we got Trumped. It was a year of great gains and great losses.

It was a year of uncertainty, of instability and a reflection of my feelings in my own life. I decided to not let these feelings carry through into 2017, but to take control of what I could, starting with money.

I’d never been one to care much about where my money went, or what I did with it. I got my paycheck and very quickly converted it into superfluous purchases – Bento Boxes, Free People clothing, debt payments, plane tickets, weekend trips away, and lots and lots of coffee. Not surprisingly at the end of the month, I had nothing left.

My problem – I had no visibility of where my money was going, and I quite simply didn’t care.

If I wanted to take control I needed a goal, and I needed a plan to get there.

The goal, move to the other side of the world (I’ll do a post about that later)

The plan… I still needed one.

I Googled, I YouTubed, I Podcasted, I asked, searching for that hidden gem of an answer – but time and time again one simple thing popped up that we’ve all heard about before, The Budget.

It’s a very simple task – you write down your income, you deduct your expenses and then you see what you have left to play with.. this is either your Bento Box money, or it’s your savings money (more posts on this later).

It’s something so simple, but so many of us don’t do it. I used this very basic Excel template to build my budget, and still do to this day.

What the budget gave me was a plan to meet my goal, 2019 and 3 years later I’m in London. Granted there are days when I don’t always feel in control, but by having a budget I can plan and build a pathway to financial freedom.

It’s this very simple tool that got me going and that’s opened my eyes to a world where you can take control, you can have choices, and you don’t need much to get there!

What’s my new goal? To spread the word, and help others build their own pathway to financial freedom.

THE LADDER GIRL