Women’s money diaries often prove incendiary when published online, as I realised when mine went up earlier this year. The amount women earn and the way they spend it is still a taboo subject
At the beginning of this year, I became one of the many women who have published their money diaries on the internet. I was asked by my editor to record my spending for four weeks over Christmas, to test my assumption that I would not be able to afford to buy a house in London by simply cutting back on day-to-day extravagances such as takeaway coffees. On learning my salary, the personal finance expert Martin Lewis agreed that this was the case; when he saw a day-by-day breakdown of where my money was going, he changed his tune.
Lewis told me that I could save enough for a deposit – yes, in London; yes, by myself. But first I would have to rein in my senseless spending. I concluded the story a bit shamefaced by his gentle admonishment and resolved to do better. Then my diary was published.
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