BLOG – Will YOU delay purchases and have March Money Miracles

On Saturday afternoon, after my early morning hike at Noosa, I went to Chermside shopping centre with my Westfield Gift Card – the one I got by trading in some Qantas Frequent Flyer points – to ‘buy without spending money’ a 3L drinking water hydration bladder for the #gbbkimberleytrek2018.‬

Kathmandu didn’t have the size I needed. I placed an order and had a quick wander around the shops.

I’ll be honest. I went into the fitting room with a couple of items of clothes.

  • At Chermside there is merchandise everywhere.
  • Shops are beautifully curated.
  • Windows displays urging us to buy, can be hard to ignore!
  • I had a $100 gift card in my hand.
  • It would have been easy – really easy – to buy new clothes.

I didn’t.

I wrote down on my Waiting List the two things that I thought I wanted to buy (a casual top from Seed and a Witchery blouse) and then I went to a café for a coffee and a slice of carrot cake.

10 minutes into my coffee and cake I’d deleted both items from my Waiting List. I didn’t really want either of them and I certainly didn’t need them. I also didn’t want or need to waste $80.

  • Are you buying things just for the sake of buying?

That’s why the March Underspent monthly challenge ‘March Money Miracles’ is to create a Waiting List.

I believe in Waiting Lists. I always tell people to make a Waiting List. I do it. I write down what I think I want to buy on a ‘three-month waiting list’. I keep my ‘Want List’ in the notes section on my iPhone. I write down the date and a description of the thing I ‘want’, the price and why I want it. If I still want and need said item when the 90 days have passed, I buy it. Nine times out of ten I don’t. If 3 months is too long for you, have a go at 7 or 14 days. Last October I thought I wanted a trampoline (they cost $299). 90 days passed. In January I said “Why did I even write trampoline on the list?!”.

  • Will you create a Waiting List?
  • Would you delay purchases that aren’t necessary for a few days
  • How much money could you save by delaying purchases? The money you save = March Money Miracles.
  • Last week a lady at QSuper told me that her sister is her ‘Buying Buddy’. They phone one another to discuss and approve any new purchases. They delay their purchases.
  • Would you get a ‘Buying Buddy’?

If you would like a Word or PDF version of a 30 day or 3 month ‘Waiting List’ drop me an email

Until next time…

I’m Rachel Smith and I’m Underspent. I didn’t buy anything new or 2nd hand in 2014 and saved $52,680 (38% of my salary). I quit impulse shopping and saved my money. I changed my spending and transformed my savings. It started as a lifestyle experiment, but it changed my life, so I kept on going. I’m the Author of Underspent and I’m teaching people how to break the habit of impulse shopping in 7 steps through my Underspent book, free monthly challenges and my weekly blog.

Underspent book is available in paperback ($12.99 or £7.40) and e-book, iBook and kindle formats ($2.99 or £1.70) in all online and high street/shopping centre book shops or buy a signed paperback copy ($12.99 + P&P) direct from me via my website ‪‪‪ I’ve purposely made the Underspent book affordable.‬‬‬

Photo credit: beliefnet