Budget Breakdown 2016

Seems it’s that time of year again, as I did this post almost to the day last year.  Guess I’m on an internal clock of sorts lol.

https://moderatewardrobe.wordpress.com/2015/10/20/checking-in-on-the-budget-breakdown/

I got to tallying.  This time I included every last thing.  Socks, work shoes, whatever.  Most of my under $10 items are basics like underwear and under layers.  Only one dress and one white tee shirt came in under the $10 mark.  2 items were purged, one of them being $8 plastic sandals that were terrible, and the other a $22 pair of jogger pants that shrank the first wash 😦

  • Under $10 – 7 items for a $49 total
  • $10 to $25 – 13 items for a $204 total
  • $26 to $50 – 15 items for a $533 total
  • $51 to $100 – 8 items for a $506 total
  • over $100 – 1 item for $110 total

I should note that gifts are also included in these amounts, namely 2 cashmere sweaters from last Christmas’s gift money.  Even though it’s not my money, it is money I am allocating toward clothing.  My last purchase of the year is the only one over $100 and it hasn’t arrived in the mail yet, so it may end up going back.  If so, I’m still shopping in a relatively mid to low range – under $100, mostly around $30 or so.   I thought I was spending at a higher price point this year but the numbers don’t bear that out.

Next year is the year of limiting the number of purchases, and not the budget.  That said, I will not be going out buying whatever catches my eye willy nilly, with no care as to cost.  But I really have been wanting to get over the bargain mindset for years now.

Perhaps my spending parameters will look more like this:

  • 6 items under $25
  • 10 items between $25 and $75
  • 10 items over $75

That would be up to $150 in low end purchases, around $500 in mid range, and $750 to maybe a cool grand in the higher range.  About the same expenditure, just spread out differently.  Ideally, the stricter limit on number of items will finally allow me the mental room to spend more per item, and bring up the overall quality of my wardrobe.  That’s the hope!

 

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