I have no money! Where is it all going?
There is no question that money is a huge factor when deciding what to do with your life. You can make career choices based purely on the cost it takes to start your career, so let’s look at some of the UK’s individual average spends on indulgences within a year:
Items we waste money on each year
Cost per year
Unused health and beauty products
Unused gym time
New car depreciation each year
Money spent renting
Money spent on a family trip to the cinema each year
Sources: Factmint and Thisismoney (2016)
When looking at the cost of items, we quite often will rationalise the cost of smaller expenses by saying “it’s only a few pounds” and “I deserve a little treat”. It is healthy to have that mindset and to reward yourself for hard work, but are there other ways to spend money on yourself?