Lifestyle

Easy ways to save your coin

Please check out SKYLISH.CO.UK for the new look. You are currently reading this blog via Bloglovin’ or on my old interface as the new website is integrated to Bloglovin’.

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It’s been a while since I’ve done a work / school / uni or money related type of post over here – so I thought I’d wind it all back today with a little refresh of my tips for “saving money”, especially now that I’ve been working full-time for three years (bleurgh)!

Let’s be honest – saving money and also wanting to live your best-young-life isn’t always easy. You want to save to buy and property and invest your money because, well, that’s what smart people say you should do. At the same time, you want to be doing up baecation in Bali just like all these insta celebs. It’s definitely possible to save and enjoy, but it’s all about living within your means. Which brings us onto tip #1…

 

Make a realistic plan

When I first started getting full-time pay a few years back, the first thing I laid out for myself was: how much do I need to spend per month? At the time, I decided on splitting my monthly income into ~thirds and putting one third towards living, one third towards monthly spending and one third towards savings. I’d try and stick to this as stringently as I could but would at times dip into my savings if I had a non business-as-usual expense such as a holiday I wanted to book. I still sort of do things in a similar way except my split of income and what goes where has changed slightly as over these past three years my pay has increased but I still live in the same place and live in pretty much the same way bar a fancier hotel here and there. It’s important to be realistic – for e.g. I see people on Twitter sometimes vowing to spend just £300 or so a month on general life expenses. Now, if you live in London, this just isn’t that realistic. TfL alone I can chop up to £10 in a day if you don’t tap in and out correctly. And if you’re living out, you could end up going shopping one day for dishwasher tablets and spices for your meals and that zaps £10 out of your account just like that. Let’s not even mention car insurance, phone bills, gym payment etc – it stacks up very quickly. I would divide it in this way and in this order: (1) how much do you need to live (i.e rent a bills)? (2) what can you spend a month on “life” and general travel without absolutely restricting yourself but also not living too lavishly above your means and (3) what’s left for savings? Is it much at all? Which takes me onto point 2…

 

Decide on your priorities

If you divide up money for rent, gym, insurance, day-to-day living, food etc and the end balance is £0 – then it’s time to prioritise. Are you perhaps due a pay rise in a few months or years which means that for now, you’d rather continue to live as you do and start saving later down the line? Do you prioritise living out and renting and therefore you’d rather have that balance say £0 for the time being as long as it means you get to be independent? Is your #1 priority to save up money to buy your own property within the next 3 years? I think once you can prioritise, you can better decide on where you want your expenses to go. For example, some people decide they’d rather live at home for a few years than rent, so that they can save up as much as possible to buy their own property ASAP. Some people decide to ditch the rent and spend that money on travelling the world. Some people would rather forgo that gym membership and expensive phone contract if it means they can save up for a new Chanel. It can even be as little as picking Better Gym over Third Space Gym and saving yourself over £100 monthly in the process. Basically – what’s important to you? That’s the question.

 

Start saving on the small things

There are little things you can very easily cut down and out in your life that could lead to way more savings. The truth is, other than a few random big payments here and there, most of what drowns our accounts is money paid out to big corporations – two big culprits being TfL (i.e. public transport) and Deliveroo (i.e. food delivery services). Here are a few things you can do to make a big difference fast:

  • Walk more instead of constantly getting public transport
  • Cook more – limit Deliveroo to 1 or 2 times a week (have you seen the amount they charge to deliver these days?! It used to be £2.50)
  • Pack your own lunches for work
  • Shop less – spend less time at Missguided and spend money instead on quality pieces that last longer (although more expensive at the time of purchase)
  • Uber less (unless you really have to / it’s the safest option (sometimes, we all just get lazy))
  • Buy the same thing cheaper (for e.g. sometimes Tesco’s own ketchup can taste just as good as Heinz ;))

 

Set targets

When I first started work, I’d tell myself “I want to save £x amount by the end of the year”. I met my goal, then last year, I made a big investment and I reset my goal. Recently, I told myself “I want to save £x amount before I start paying down my student loan voluntarily” (I just hit it this month, eek, time to slowly stop letting SFE take all my money via interest). When you have a goal – maybe it’s to get a mortgage, pay for an expensive holiday or even buy a designer bag (but, definitely, mortgages/investments over designer bags!), there’s more motivation behind your saving each month, you’re more likely to actually save.
 

Stuff to remember:

I always say that whilst saving is important – you should always feel free to treat yourself. A few years ago I heard of guy that spent his whole first year of full time work living at home, going on no holiday breaks, no nights out, never eating out, never shopping, barely seeing his friends and basically falling into exile because he wanted to spend every last drop on paying off his student loan. Perhaps, that is commendable – what I can say is that I simply can never do that. I’m in my 20s, I work hard, I don’t want to suffer ya’ll. I’ll treat myself with a weekend break, a nice hotel, or evening at a night restaurant if the opportunity presents itself, because these things make memories for when we’re older with real things to worry about like children and a family! It’s the same way reason why after a night out I’ll always get an uber – I don’t want to suffer ya’ll. An uber is usually safer at 4am and also, at 4am after the club, I’m probably hellllaaa tired – I’m not rolling onto the night tube! Saving money is important – but living is important too.

Another thing to remember is that once your bank account does start to stack up, the question is – what next? Most wealthy people hold their cash in diversified places – put money into a mortgage, hold some in an ISA, invest in some stocks and/or bonds, keep some money in cash in their bank account etc. Now I’m no master investor but this is definitely something to keep in mind – do more with your money. One of my New Year’s Resolutions was actually to start investing my money (and not just in bitcoin ha – yes I still have some money in cryptocurrencies from just before the hype last year) – I hope to be able to come back to you with a nice juicy post on what you can do in this sense at the end of the year!

Andddd with that – have a great week people!

Sep 4 2019 at 7:02 am   ·   Lifestyle







Time for a Rebrand: A New Skylish

lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger

Long time no blog! I’m getting a bit too used to saying that but this time there’s an actual result from the long break – a brand new blog design! I kind of sat and had a think recently about what the heck I’m doing online. For a while now I’ve sort of followed my own standard formula – write blogs, take pictures in outfits sent to me by brands, link to the outfits, post them on Instagram, publicise my new blogs and so on an so forth. I wasn’t really thinking about what I was doing rather than going through the motions. I wasn’t really thinking about whether my blog and “Skylish” as a whole was a true representation of me – as I currently am – a girl in my 20s who likes to write, eat, go to the gym, find out cool stuff about the world and occasionally tun up.

I’m still rewriting my formula. And I wanted to start off a fresh start with a brand new blog design. Many of you will know that I actually taught myself to code basic HTML/CSS/PHP at the ripe old age of 10! For a while in my mid-teens I would sell coded designs to customers. But when I started university my love for this sort of fell out of the picture and so my knowledge of coding and webdesign is similarly stuck back 5 years or so in the past. As much as I wanted to hold onto being the only person to ever create a design for this blog – I know my knowledge is just no longer good enough to code and design something like what you see here. But – I’m a grown adult now, and I don’t mind paying someone to hep me out when it comes to achieving my goals. So that’s what you see here – a crisp, responsive and no longer ancient design. There are still some tweaks to be made – but it’s definitely more or less there.. and I’m pretty excited about it.

lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger
lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger

Now – with that new design out of the way, you may be wondering how much of my “Skylish” formula I’ve actually rewritten. What is really going to change here? So here we go…

  • More frequent posts – One post a week shouldn’t be so difficult, and honestly, it isn’t. But the weekend happens, sleep must happen and then all of a sudden it’s Sunday night and you’re getting ready for the week ahead. Essentially, I need to go back to being disciplined
  • Refocusing back on what I care about – If you strip away all things social media and all things #ad; #gifted, I am a writer at heart. Sometimes when I write here, the posts are just meant to be light hearted. But a lot of the time I really want to encourage some thought and/or share my experiences and offer advice to women just like me. I don’t want to get lost in likes and free things just “because”, it makes it easy to forget the “why”. This means not only more thoughtful blogging but also more thoughtful collaborations (and honestly, I’ve got some cool ones coming up!) After all, I am blessed to be the position that I can afford to be selective with my choices, so I’ll utilise that
  • Taking it back to being a hobby To be honest, since I’ve been more thoughtful about what I put online and not stressing too much over the little details, I’ve been enjoying it all a lot more. It’s one of the reasons I started up Skylish Fit – I stripped things back to the bare bones and thought, actually, what do I want to do? I wanted to make a fitness page – so I did it. Now that’s not to mean I won’t take my blog seriously, not at all; but I want it to be something I enjoy and am passionate about rather than something I feel I have to always count revenues from
  • More of the same – More of what has seasoned Skylish over the years. Thoughtful posts, my life, some funny ish and some style here and there too
lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger
lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger

TL;DR: More creativity, more to make you think, less stressing. Happiness all around!

Anyhow – I hope you all like this new layout and a new vision for Skylish! There are still a few tweaks to make over here to get the new design perfect, but I’ll be making them over the coming weeks.

I’m excited for this fresh start and what better time than H2 to get things kicking…

If there’s anything you’d like to see here – let me know. Otherwise – have a fab week. 🙂

lifestyle, advice, webdesigner, webdesigner, new blog post, fbloggers, lifestyle blogger, style blogger

Top: Zara NYC
Photography Marianna Olaleye

Please check out SKYLISH.CO.UK for the new look. You are currently reading this blog via Bloglovin’ or on my old interface as the new website is integrated to Bloglovin’.

Jul 16 2019 at 9:19 pm   ·   Lifestyle