I know, I know. Creating a monthly budget is certainly not pretty. But hang with me for a sec. I’ve decided that I need to create a monthly budget and stick to it. I figured the best way to do that is put it on Puppies & Pretties for everyone to see and then I almost have to stick to it 🙂
I’ve come to the realization that I have plenty of clothes. I don’t really need any more. But I always enjoy getting new things to mix into my wardrobe. Plus there are always items that need to be replaced. I also need to just save money for other things – at the same time, I’m going to open an actual account to start just putting money away for the future. So while I might not be a super saver/non-spender like Stephanie at Not Entirely Perfect (I am always impressed with her non-spending!) I need to start taking baby steps!
Monthly Clothing Budget Setup
- The first of each month, I will set aside $100.
- This money won’t go into an actual account, but I have a spreadsheet that I will use to track it
- I’m “seeding” my account with $100 now that I received from selling a couple bags of clothes and shoes at Plato’s Closet
- Any additional money I get from items sold (a couple pieces of jewelry and shoes that are brand new) will also be put towards my budget
- Not included in the budget restrictions: gym/workout apparel, underthings (socks, underwear, bras, etc)
- Unused money will roll over each month, allowing me to save up for an investment piece
- Early each month, I’ll do another Weekly Pretties post recapping everything I purchased the last month. See, I told you there would be a tie in to Weekly Pretties!
Whew! So there you go. That is my plan. Do you have any suggestions for me? Did I miss anything that I should put down in my “rules?” How do you regularly budget?
Sounds like a solid plan. I always fail at clothing budgets though…
I’ve failed at all my previous attempts as well I’m hoping this one will finally stick!
This is terrific. I am in desperate need of a budget plan and yours sounds simple enough! Can’t wait to follow along!
Thanks! Hopefully I can make it work. Good luck on figuring yours out!
I like this! It’s a great idea to create a separate account so you can keep track of it and not just “forget” like I would 🙂
Thanks! I’ve been really good at “forgetting” in the past. Hopefully this way I won’t!
Good plan! This is how I budget my clothes each month; I take the cash out and set it aside so that way when it’s gone; it’s gone!
Good plan! I so often shop online because of the lack of shopping options nearby so the whole cash thing seems more of a pain than anything.
Ha, a clothing budget!!! I absolutely need one. And $100 is a reasonable amount. I just need to follow your good example and not overspend. I truly have more than enough clothes for a lifetime but always like something fun and new. In July, I am going to follow along with your plan. Maybe you can help keep me on track.
Yep, I think it’s all about really being aware of what you re spending. Hope you can follow along!