So if you know me, you know that I LOVE to shop! Some of my favorite things to shop for are makeup, luxury bags & accessories, home decor, and the list goes on & on! One of my goals for 2019 is to be more financially responsible, so I decided to cut back on some things. Now, shopping is something that I really enjoy so I’m not cutting it out completely. I just decided to set a few rules for myself so that I don’t go crazy with my spending this year.
Rule #1: I’m not allowing myself to buy any makeup/skincare. I know that may sound harsh, but there are some exceptions to this rule (and all of the rules that I’m sharing today). I am allowed to replenish any makeup/skincare that I am out of and use on a very regular basis (example: my favorite concealer). I also will allow myself to purchase during Sephora Sale times, but I am limiting myself to a specific dollar amount of $200.
Rule #2: No luxury purchases! So this one is a big one for me. I have loved my luxury bags and accessories for years! They are one of my favorite ways to treat myself and I actually make a point of using the things that I buy. I am allowing myself a luxury splurge for my birthday. The only other exception is that if I happen to find a Louis Vuitton Pochette Metis in Monogram or Reverse Monogram in the store. I have wanted this bag for soooo long, but if you are into luxury, you know they are impossible to get.
Rule #3: No fragrance purchases! I love buying new fragrances. I am one of those people who believe that variety is the spice of life and this definitely carries over to my fragrances. However at this point, it is embarrassing how many fragrances I own. I am not going to allow myself to buy any new ones unless I use up 3 bottles. If I manage to completely use up 3 bottles in my current collection, I will treat myself to a new fragrance if I want one at that time. I’m not even going to allow myself a fragrance during the Sephora sale unless I use up the 3 bottles as mentioned before.
Rule #4: Minimize everyday unnecessary purchases. I’m one of those people who will walk into Target to buy groceries, and end up spending $50 extra dollars on random things that I “fall in love with”. To combat that, I have started to do more drive up orders at Target, therefore I don’t even go into the store to get tempted. The other thing that I’m doing is when I’m in the store (not just Target, but other places too) I ask myself if this is something that I really need. If its not, then I put it back. To be completely transparent, this only applies to things that I purchase for me. I will still be buying things for my kids, but I am being more thoughtful about those purchases too.
Rule #5: I’m not buying any clothes (or shoes)! If you have been following my YouTube channel, you probably already know that I am on a weight loss journey. I have lost a good amount of weight (a little over 35 pounds), but my goal weight is still about 20 pounds away. That is one of the main reasons that I don’t want to purchase any clothing. An exception to this rule is workout clothing because pretty clothes make me feel better when I’m working out. Another exception is clothing for a vacation that I have coming up. The last exception is that when I make it to my goal weight, I will be going on a shopping spree. As I get closer to that goal, I will set a monetary limit for myself.
I am really adamant about following these rules for myself so that I can reach the financial goals that I have set for this year. I know there will be times that I slip up, but that’s okay because I’m human. Also, I think that this will help me better enjoy ALL THE STUFF that I already have!
Have you implemented any changes in your spending habits for this year? Why or why not?