I have a confession to make. Despite creating this budget and “trying” to stick to it, the fact of the matter is that the only month since January that I stayed in budget was February, which also happened to be the shortest month of the year and the month of my birthday (= b-day money to spend). Some months I’ve only gone over by a little bit, some months I’ve gone over budget by a couple hundred dollars. The problem is that I got used to having that student loan every semester to get me through, and right now I’m having to face the harsh reality of not getting a lump check all at once. I’m starting a new job on monday, which will fully cover my rent, groceries and regular monthly bills. However, it leaves very little extra for non-necessities. I will be substitute teaching as well, but that won’t provide much more, and it’s inconsistent in hours. Thus, I’ve decided that it’s time to institute a shopping ban ala Sally from Already Pretty. I think that this is the only way that I can curtail my shopping enough to make ends meet, and start paying off my student loans. My previous budget plans gave me a bit too much freedom, and I abused it greatly. So here’s my new shopping ban, in place until I either get a full-time job or December, whichever comes first.
- I will give myself a $15 a week allowance for spending at thrift stores, vintage shops, or on Etsy. No malls. If I don’t spend my allowance one week, it rolls over into the next.
- I will be allowed one $50 free day per month, which I can spend anywhere I like. This is to keep me from feeling too deprived. This is also because I can’t give up Anthropologie for four months; I’m addicted.
- I haven’t decided what to do about shoes yet. I’m leaning towards buying no shoes at all during this period. If I decide to allow it, then only three specific pairs will be allowed – a pair of brown dress pumps, a pair of ballet flats, and a pair of knee-high boots, because those all fill gaps and can be worn professionally. Definitely no sandals are allowed, as I have more than enough for now.
- All other non-necessities besides clothes, shoes and accessories will be in a separate budget area. I haven’t decided yet how much I will budget for this each month.
Hopefully with this plan, I can keep from going further into debt, start paying off my loans, yet not feel completely deprived. I’ll keep you updated. Wish me luck!
(And Alechia don’t worry, our Anthro date is still on. That’s my free day for this month 🙂 )