Going on a bank account detox

During the Coronavirus pandemic, the economy took a big hit and almost everybody needed Government support. People were working from home and the stress of bills and buying food and paying with their bank account took its toll.

abundance bank banking banknotes
Photo by Pixabay on Pexels.com

So I decided to do a bank account detox. That means no spending from there. We spend way too much money on material things. And I was getting into some debt. I got into more than $3000 debt pre Covid. During the first part of the lockdown I managed to pay almost all of it back. Pre Covid I had a lot of late and unpaid fees

I have been going on this Bank account detox for about 30 days now. At first I was really anxious about how I would fare and how much that I would spend the $200 I had in there. During that time there was another $119 added in there from something which I did not use and they charged me for it. My gym membership was frozen and everything else I canceled. But I had to pay the account keeping fees.

I just used cash and the free gift cards that I earnt whilst doing surveys to buy the things that I needed.

I was at home a lot so I saved on transport and outside food. I spend waaay too much money on outside food and coffee in the past. Now that I’m home a lot I drink more coffee at home and eat more home-cooked foods

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.