My clothing spending account

Posted by Janine Rogan on July 23, 2014 in My Pennies | 2 Comments

Last summer, when I was working full-time I spent way too much on clothing. Perhaps it was because I was finally working full-time again and I was feeling a bit deprived, maybe it was because I was in a new city and there was so much more going on or it could of just been the fact that I had a lot to deal with. Regardless, my clothing spending was a bit out of control last year and I was hoping to bring it down substantially this year. If you remember I did 120 challenge of not buying any clothing at the beginning of the year, and it was actually a lot easier than I expected. Anyways I’m working part-time this summer, but with a few of my side hustles I’m almost bringing in the equivalent to a full time wage. Since I just spent a ton of time travelling I don’t want to fall off the bandwagon this summer and go out of control on a clothing binge. Being abroad for 6 weeks also showed me how little I actually need to live on. So I’ve decide that I’m going to put a specific amount of money away each month into a savings account that will be used for my wants. Once I have enough in that account for the clothing I want to purchase then I can do so. I’m hoping this will do two things:

  1. Delay gratification and ensure I enjoy the purchases better
  2. Really make myself think before I buy, research to get the best deal and in all honestly hope I fall out of lust with the majority of these items.

I’m hoping to put away $150 a month and purchase to purchase the following 5 items:

  1. New Runners $130 (purchased in June)
  2. Fitbit $100
  3. White Dress Shirt $60
  4. Poppy Barley Ankle Boots (Red) $325
  5. Black flat winter boots $300

Clearly this is really the year of shoe shopping! This year alone I’ve already purchased flats and heels. I purchased my runners in June so and I’m hoping to buy my fitbit this month, my dress shirt in August, my first pair of boots in September and the second in December. My hope is to make extra income above what I have listed in my budget so that I can buy my boots more quickly, since fall boot season starts in about 8 weeks! I’m hoping any extra income I earn will go towards the boots I need! Crazy Alberta Winters are coming! I’m hoping having a plan like this will allow me to stay focused on my saving and not over spending in the clothing category! Wish me luck! How do you purchase the things you need? Do you utilize an account designated for the things you want or just buy as you need?

  • Since Christmas, the only clothing I have bought was a new spring/fall jacket for about $60 back in January. I haven’t spent a dime on clothes since. My soon-to-be-mother-in-law has a friend who gives her a lot of old clothes, which have slowly been being passed down to me. Some things are not my style at all, but there are a lot of really cute tops that I can wear in the summer or in the office (assuming I get my office job back!) with a cardigan or jacket. My fiance also had to clean out the coat-room and lost and found at the pub he works at and scored me some pretty nice hoodies, too. All these clothes for free? Yes please!

    • Yo go girl! You are lucky you have all these fantastic hand me downs. My sister and I are the same size in almost everything and we frequently trade clothes when we get bored or outgrown something! Hooray for free clothing!