Daily Spends – A Diary of Spending Habits

What I spend, when and where?

Archive for March 2008

Debt Blog Aggregator – WP Test Post

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This is a test post from https://dailyspends.wordpress.com

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March 31, 2008 at 12:31 pm

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Cost Per Use is My New Obsession

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Since my little post about the sofa last week I’ve become slightly obsessed with Cost Per Use (CPU).

So every so often I’ll be popping a cheeky little cost per use calculation in the site, just to make me happy.

This week: Shoes

Cost of shoes: £45.00
Expected Lifespan: 6 months
Expected Use: 120 (based on 120 working days during the 6 months)
Expected Milage: 720 miles (I walk 6 miles per working day)
CPU: £0.37 (£45.00/120 working days)
CPM (mile): £0.06 (£45.00/720 miles)

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March 27, 2008 at 2:03 pm

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Finance News

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MyBudgetQuest has just set up what I think will become a really useful financial news resource over the coming months. He’ll be taking the best of consumer finance news, articles & blog posts and amalgamating them in to one handy personal finance hub.

These things can sometimes take a little while to get moving, so we’ll cut him a little slack until it’s up to speed. GFI! Feel free to pick up the RSS feed and stick it on your blog: http://financial.newsvine.com/_feeds/rss2/master?articles&seeds

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March 27, 2008 at 1:38 pm

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Cost Per Use of Sofa

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One of my good friend’s (trying2save) favourite cost excercises is the ‘cost per use’. Cost per use allows you to assess the impact of a ‘one off’ purchase by working out how much the item actually costs over the period you use it.

Essentially, cost per use allows you to rationalise a one off purchase such as:

  • a sofa
  • a pair of shoes
  • a new coat
  • some aftershave
  • shaving foam

We’re all slightly obsessed with cost per use at the daily spending network and it’s something I’m going to spend more time on in future blog posts.

Here’s my first cost per use calculation – for the purchase of a new sofa:

Purchase Price: £545.00 (Easter Sale bargain)
Estimated Life Span: 1825 days (5 years)
Estimated Use Per Day: 20 seperate usages (sit downs of 10 minutes)
Estimated Total Uses: 36500
Estimated Cost Per Use: £0.01 per sit (£0.014)

1 pence per sit – not overly excessive 🙂

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March 20, 2008 at 1:50 pm

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Take Away Food – Plays havoc with your budgeting!

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My Wife’s pregnant at the moment which is fantastic! What’s even better is that she’s craving all kinds of take away foods.

Last night it was  kebab & pizza. A Milano’s special kebab (donner, chicken & lamb) and a 9 inch Hawaiian pizza. I really enjoyed it – it was lovely.  Hang on in there . . . there’s a point to the story.

I managed to save £10.00 yesterday by going without something I could have done with, but didn’t need. The intention was to squirrel it away in my draw at work so by the time next Christmas comes around I’ll have a nice little purse to buy some special presents for my family.

Guess what happened? Yup, you guessed it! That £10.00 didn’t get squirrelled away, it got spend on that Take Away instead. My present fund is now down to £0. Time to start again!

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March 6, 2008 at 2:53 pm

Cheap as Chips – Monday & Tuesday

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Monday & Tuesday (3rd & 4th March) have been cheap as chips really. Had a nice days holiday on Monday and went to one  of those 2 for 1 type pubs (food was rubbish but the pub & service was nice).

Took the kids to the indoor play area – which they love – I now ache all over.

Tuesday, back at work. Brought lunch in to keep the costs down.

Mon & Tues Total Spends:
Playground – £3.75
Pub lunch – £14.75
Train Fare – £14.00
Total Spend – £32.50

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March 5, 2008 at 12:07 pm

Leap Year Weekend Spends

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I may be jumping the gun, but I’ll assume that Leap Year isn’t as major event to you as it is to me . . . being that the 29th February is actually my birthday, I like to take some time to wollow in the glory of my special day 🙂

My birthday is a special day to me, I just like it, it’s the one day in the year that I feel comfortable making demands and spending money on myself.

So . . . what have I spent on this glorious weekend?

Friday:
Train – £14.50
Breakfast – £2.75
Lunch – FREE (a colleague bought it)
3 x coffees – £4.19
1 x Subway – £1.99
Drinks – £8.50
Takeaway – £18.50
Total – £48.44

Saturday:
New jacket – £20.00
New jeans – £18.00
Mothers Day Gift for Wife from Kids – £19.50
Hair stuff – £2.99
Total – £60.49

Sunday (Mothers Day – Parents & Nan for Dinner)
Supermarket* – £40.18
– Baguettes
– Paper
– Wine
– Biscuits
– Milk
– Gift for Nan
– Nappies
– Formula
– Other stuff (I’ve forgotten)
Total – £40.18

*Why is it that EVERY time i go to Tesco I always spend over £40.00. There are some very clever marketing peeps at that company. They know exactly how to make you spend your money!!!

Total Weekend Spend – £149.11

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March 3, 2008 at 8:07 pm