A few astute and critical readers have commented on my clothing spending occasionally. This year, I had spent $2,608.02 on clothing as of June 30th. In July, I spent $0 on clothing. My goal for August is to, again, spend $0 on clothing.
I’m mostly fairly controlled about my spending, so you’re probably wondering why I spend so easily on clothing. I’ve wondered that too. For most of my life, I’ve kept spending low by being busy with school or work and not having the time to shop for miscellaneous items, which then results in a flurry of spending once the busy season ends. Online shopping can blow that out the window since it’s so easy to buy stuff.
There’s no real reason for me to save the amount of my income that I do. I’m far over-saving for a “normal” aged retirement. I could easily cut back on savings and be just fine, eventually. But there’s also no real reason to unconsciously spend money on stuff that doesn’t bring me joy. Sure, I have a really nice leather purse now, but I have one. And sure, I have a nice smartphone, but I keep them for 3 years before getting another one. The real kicker though is that I still have my five year old car and plan to keep it for many more years, same with my condo.
The little spending can easily get away from you when you make enough money, when it seems small. That exorbitant sum of money I’ve spent on clothing is a whopping 4% of my net income so far this year. I’ve resolved that with my level of income, I’m more than willing to spend money on things that bring me joy. Our trip to New Zealand earlier this year cost me around $7,000, plus two months unpaid off work (that made it a very expensive trip!), but that was totally worth it.
Do you know why I realized I was spending so much money on clothing this year so easily? My new job. At my old job, my to do list was never ending. At this job, sometimes the to do list does end and then I need to busy myself with finding more tasks or go home early. Or sometimes, there’s more wait time while in the middle of task. You know, compiling. Well you know what I was busying myself doing while compiling? Looking at clothes online. And BUYING them. That’s not all of the spending though. One thing I’m good at it is not having too many of one particular item…so then I create new categories of items and buy one of those!
Most of my projects for the summer have been to try to see what I’ll give up for grad school, combined with some deep cleaning. I’ve figured out how to get my hour of exercise a day: walking to/from the bus stops on my commute and going for a 15 minute walk mid-afternoon at work. Getting an hour of exercise on the weekends will always be a work in progress. I’ve developed some strategies for bringing my lunch to work and that it’s not that expensive anymore if I forget. I’m trying to reduce the amount of time I spend thinking about clothing. I’ve developed some strategies for spending less time geeking out over spreadsheets: reducing transactions has been a huge help with this. We have also been purging and reorganizing things around the house as part of merging two households into one.
Usually telling myself I can spend $0 on a category results in me spending tremendous amounts of money on it, so I’m quite surprised this worked. Now to stick to this no clothing buying plan through August as well!
Readers, how do you keep yourself from spending money on clothing?