Lockdown Money-Saving Habits

Personal Finance Money & Budgeting
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We know lockdown hasn’t been great financially for everyone, but a surprising amount of people are managing to save money for the very first time…

We’ve just published a new article on the Emma blog which looks at seven money-saving habits that have been adopted in lockdown. Including cancelling unnecessary subscriptions, comparing deals, and doing a lot more around the house yourself (learning new DIY skills, doing your own beaity treatments etc!) You can read the blog post here: https://bit.ly/2IZ4Z40

Have you changed how you handle your money over the last year? Are you planning on sticking to these good money habits when the lockdown is (finally?) over?

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I’m definitely planning to keep my buffer zone in place. Currently 6 months salary (net) saved to cover all outgoings such as housing, bills, food, travel etc… which if I needed to could be extended to cover 9 months or at a push 10. I want to get this to a year ideally.

I don’t know if I will keep to the less frequently socialising!!

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This is a great goal to work towards! I bet it’s such a great feeling to see that number going up and up!

Definitely will be increasing the socialising again when we’re allowed :joy: Although I did get really into hosting dinner parties (for those few weeks where people were allowed over), so I reckon that’s something that I’ll keep doing now!

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I hope you send them home with gummy bears!!

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I’ve been able to create a 6 month emergency fund in the event I were to lose my job.
Great for one’s mental health knowing you have that backup during these times!

Also I’ve been able to spend the money I’d usually spend on going out into my investments which has been good to see going up.

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This is great!

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That’s amazing - such a good idea to have that emergency fund!

Yesss, as much as I love going out, it has been nice to be able to save a bit more money!

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Is anyone else finding it super weird spending money on socialising again?

I went out for a meal last night and it was sooo nice to sit indoors again, but it did feel strange spending a tonne of money…

Definitely won’t be able to save as much as I was in full lockdown! :sweat_smile:

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Eurovision night out on Tuesday shocked my wallet. :joy::sob:

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Ok you have to explain what a Eurovision night out involves :joy:

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Arguments. Bubbles to drink. Predictable scoring.

I likened it to Gay European Championship Semi-Final. Lots of passion but pointless before the main event :joy:

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Oooo where’d you go!?

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Sounds like a great night! :champagne:

@Joel we went to Kricket in Soho :drooling_face::drooling_face: Have you been? One of my fave Indian restaurants in the whole of London!

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@rebekah I kid you not, I’m literally staring at this street right now from my desk ha ha.

I may give it a try.

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No way! You have to try it - there’s a great range of vegetarian food for you as well :raised_hands:

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Will give it a go but not tonight. I plan on getting home and crashing. My friends will come and meet me after work next week so I will suggest this now instead of the same old places they go because of the fussy vegetarian I am. :man_shrugging:

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Never heard of it but just tried to book for next Saturday - it’s no-go :no_good_man:

What did you have when you went?

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Ah yeah, I should have mentioned I booked the table about 646137 days ago!

It’s kind of like tapas style so you get a couple of bits - the only pic I took was of the squid and sausage biryani and in the background is Bhel Puri. The fried chicken dish is delish as well :raised_hands:

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Getting hungry again just thinking about it haha

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