We all like to spend money.
But the sad reality is that many of us like to spend it when we don’t have it.
We all know that feeling of elation we get when buying something new.
But that feeling almost always followed by a feeling of dread when it comes to how much of our paycheck we actually have left for essentials such as food and bills.
And sometimes ‘I just won’t eat for the month’ just won’t cut it.
Here are 13 signs you need to stop spending money.
1. You can’t go a day without spending money
We’re not talking on things such as food or a phone bill, we’re talking that ‘It’s only £2!’ on various items that you really don’t need.
You forget that money adds up.
2. You fear checking your online banking account
Your eyes are always covered as your account loads up and you have to take a deep breath before uncovering them.
It’s a seriously painful process that you avoid as much as possible.
3. You always forget what you’ve bought
You end up calling your bank to claim somebody has been buying things using your bank details – but you later find out it was you.
4. You’ve thought about a savings account
Notice that word ‘thought’. You haven’t actually got one.
The fact you’ve thought about it but not gone ahead and got yourselves an account just goes to show you’re not serious about putting money away.
5. You’ve been in your overdraft more times than you can count
Using more money than you can count, also.
You don’t see overdraft as an ‘overdraft’ anymore. You see it as an extra way to spend.
6. You’ve had your bank card taken away before
Your parents (or even your partner) have taken your bank card away from you before you to ‘teach you a lesson’.
Of course, you pretend you’ve learned, and then treat yourself with a bunch of new clothes to celebrate getting your card back.
7. You lie to your parents/partner about how much you’ve spent
Because it’s just easier not to get an ear-full when you’ve just bought the nicest outfit ever.
8. You have to borrow money a lot
Even if you work full-time, you still have to borrow money.
Why? Because at the time, a nice dinner out seemed way more important than an internet bill.
9. You struggle to save money
Savings account or no savings account, you struggle to leave a month behind with any money leftover.
You’re always back where you started each and every month.
10. Your friends know you as the impulsive one
Whether it’s paying for new makeup, new clothes, a new phone, or a new tattoo, you’re that friend who’ll do it without thinking about it.
While it can seem as though you’re ‘careless’ or even ‘carefree’, it’s actually pretty reckless.
11. Nights out are your worst nightmare
Not at the time, but most certainly the morning after.
You’re that friend who’s totally cool with getting everybody a drink. You just forget how pricey alcohol is.
12. You totally suck at Christmas
And birthdays. And any celebratory occasion.
You plan to get people plenty of extravagant gifts but end up buying your mum a scented candle because you accidentally spent too much on yourself prior to the occasion.
13. You know deep down you need to be more careful about money
You have this undeniable feeling of guilt when it comes to spending money. This is telling you it’s time to be a little bit smarter with your finances. Listen to your gut, it’s usually right.