I like random questions like this because it gets you to stop and think about your spending habits. It’s also fun to see how you compare to your peers :)
I know some who spend $300+ a month, while others have gone an entire YEAR (or three) without wearing anything new. I seriously don’t know how they do it. Blogger Mapgirl just just calculated her amounts and she’s only spent $373.98 this year! Incredible. I know we all have different shopping goals and all, but she’s a GIRL! How could she beat me? haha…
I don’t consider myself a hardcore shopper or anything, but I’ve def. spent more than $370 for the year. I don’t have the patience to sort through all my c/c statements and add them all up, but if I had to guess I’d say I’ve handed over at least $600 this year. And compared to previous years of $1,000-$2,000, I’ve surely come a long way.
I have a shopping budget of $100 every month, and about $75 of it is set aside for clothes and accessories (man jewelry and all). And to be honest, I really haven’t had the desire to go out and really look for stuff since I gave shopping up last year. The only times I end up looking around is if I have time to kill at the mall or I’m perusing some hot sales at Express or TJ Maxx or somewhere. And even then I usually only buy t-shirts since I wear them to work everyday with a pair of jeans. Luckily, spending $10 or $15 here and there will hardly get me into trouble. It’s when I start looking for jeans or shoes that I end up dropping more than I’d like.
Since I budget everything though (in categories – “shopping”, “food”, “mortgages”) I always know roughly what I’m spending. And all the money saved UNDER budget makes for some great motivation :) Plus, since any extra is sent directly to my savings account, I can look forward to spending it on something really important down the line.
Are you happy with the amounts you’ve been spending on clothes?
