Last month, we decided to come to Caroline’s rescue after we read her blog post
about saving money. Caroline made a brave decision to save money by not shopping
(all the time), but didn’t know how to go about it. When she asked us to guest blog,
we were thrilled at the opportunity and thought of crafting a plan to help Caroline
with the challenge.
Caroline’s challenge is every other month for one year, she will spend zero dollars
on shopping. This includes clothes, shoes, accessories, beauty products, and even
home goods. So, for example, if she wanted to go on a dream vacation worth $1200,
and her monthly shopping budget was $200, she would be able to save up $1200 by
the end of the year! Maybe set up the funds to go to another account or even your
PayPal if you don’t use it that often. Set it and forget it!
This is far less overwhelming than giving up shopping altogether. And we can
probably all admit that we shop more than we need to in the first place.
All you need to kick this challenge’s butt is a little determination and a well-thought
out plan. Choose a theme or a category for each shopping month.
October: that new parka
November: cozy winter staples
January: skincare (because the cold weather is happening!) + makeup
March: new jeans + spring staples
May: shoes, shoes, shoes
July: work-to-going-out wear
September: accessories (both for home + body!)
Definitely doable, right? Another great way to shop on your “on” months is to
embrace going to consignment and thrift stores. We’ve scored a few items from a
Marc Jacobs skirt to a Prada dress, for a quarter of the price!
The key is to keep your eye on the prize. At the end of this challenge, you will have
saved up enough money for your new bag or beach vacation. Who knows, maybe
you’ll get so good at saving that you save up long-term for that Gucci-edition Fiat or
perhaps even a down payment for a condo . . .
We’re with ya every step of the way, Caroline! Are you up for the challenge!?