Weekly Pretties: Creating a Monthly Clothing Budget

budget

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?

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10 thoughts on “Weekly Pretties: Creating a Monthly Clothing Budget

    1. Alison C

      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.

  1. Leslie Clingan

    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.

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