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Once A Week

The Year So Far

2020 has been an eventful year in many ways, even at Once A Week. From finances to health and even mental challenges, we have all been down a rough road. And for many of us, we have lost our jobs or had our incomes reduced. This has changed both our financial position and our financial outlook. But that is not necessarily a terrible thing.

One major difference I saw after losing most of my income, was a change in mindset! Going into lockdown, I had just been promoted and was starting to grow my savings, financially I felt in charge and secure. This led me to an abundance mindset that led me to dream of and sometimes buying unnecessary things. But since lockdown hit and everything changed, I had no choice but to cut back. And this led me to a scarcity mindset, where I will question what I buy and where I spend my money. And I think many of you can relate to this too.

And that got me thinking about implementing this mindset long term. We talked about minimalism last week, and a minimalist mindset is a great mindset to have, as it will stop our reliance on things and focus rather on living a full life. And it is something I am taking into this festive season especially when the temptations of buying more and unnecessary things is higher than ever!

Once A Week
Image by pieonane from Pixabay

And so, I thought I would share 3 tips on how to stay in this mindset:

  1. Shop with a list – I know this sounds obvious, but if you are anything like me, you are bad at shopping. So, using a list helps you buy only what is needed!
  2. Give better – Give gifts that are more genuine and thoughtful rather than giving more expensive gifts because of the price tags.
  3. Have a Wishlist – Write down the items you want to buy. Categorise them by need level, cost, and practicality. This will help you decide what to buy.

Life is hard and we at Once a Week know that. But if we stick together, we can get through this stronger!