spending freeze.
Okay, so I just ran out of hangers… for about the third time since I’ve moved to Chicago. My walk in closet is nearly full (and I live alone!) and I’ve reached the point where I’m beginning to buy duplicate shades of beauty products I already own. It’s time to do something – to take a break from the constant shopping and save a bit instead of buying and buying and buying.
So, I’ll be going on a three month long spending freeze. Yes, three months – from March 1 until June 1, there will be no:
– New clothing, shoes or accessories (I really do have plenty at the moment)
– Unnecessary beauty products (if I run out of something, I can replace it)
– Random impulse purchases (from a candy bar at the cash register to home accessories)
Things that are allowed:
– ONE trip to Starbucks each week
– Anything related to my half marathon training (I’m in desperate need of workout clothes)
– The purchase of gifts for other people (excluding Callie, she doesn’t need anything else either)
When the urge to shop strikes, I’ll add that item (and its price) to a list – when June comes along, I’ll review the list to determine if the purchase should be made. I’ll 100% admit that I’m an impulse and emotional shopper, so having some patience and restraint should be extremely helpful with reducing my spending.
Have you ever gone on a spending freeze? What are other ways you help yourself stay on a budget? I’d love to hear any tips or tricks that you’ve had success with.