Fashion and Budgeting 101

[Happy Friday, Lovelies! Enjoy this guest post from Molly! Are you interested in guest posting? Leave me a message using my contact form.]

Do you ever walk into the mall for one thing? A new belt, solid colored top, or a dress for a special event? You walk out with four bags, a froyo, and a serious guilty conscience.

You are not alone.

We all think about it, but don’t speak of it. The cards that flood your mailbox for $20 off $100, an offer for an extra 15% off, or a promise for a special gift at a certain amount. The pressure to have it all. Just yesterday I was in the Limited (not affiliated) for their “buy one get one 50%” to strictly purchase work attire, and left with three bags worth of casual clothing. I am willing to bet if you are reading this a few days after the initial post date their sale is different…addicting? Yes! Genius? Heck yes!

LimitedSale

After reviewing my previous years statements I resolved to change my spending habits. To create and stick to an actual budget. Yes, I have officially become one of those people with cash stuffed in envelopes. What I have is what I can spend; anything over is just simply not going to make the cut. Thank you Dave Ramsey. Not familiar? Read about it!

EnvelopeMethod

Second, leverage what you already have! Those credit cards that you previously had applied to in order to get that 20% off have serious advantages. Rack those points up. Educate yourself on what cards work best. Personally, I started my search with a website a girlfriend from college now works at, Credit Card Insider. I read my card reviews with all fluff pushed aside. Check it out through this link. One tip: use your card, and then pay it off on the spot. You will rack up points, but not debt. Bonus!

Third, save for something that you love – and make it happen. It can’t be all work and no play. Ensure that you aren’t marking the big purchase until you have indeed SAVED the money – by all means, do not charge it. Currently I am saving up for Franco Sarto boots I saw when Christmas shopping (check them out below). It is only the second week into January and I already have $112 saved. Amazing, right?

Wishlist - Franco Sarto Boots

How do you save? It’s the little changes that can make a big impact for our wallet. I wish you all a wonderful New Year and thank Lisa for allowing me the opportunity to reach out to all of you!

mth

[Molly is a recent college grad enjoying city living! Molly is inspired by color and beauty and is a lover of vintage and fashion. Follow Molly through the eyes of a plus size world at Hart of Molly.]

6 Comments

  1. vito February 28, 2014

    Thanks for the informative post Lisa. Budgeting is important when it comes to shopping.

    Reply
  2. Marissa@Thirtysixmonths February 8, 2014

    Very inspiring post Lisa. I also receive lots of emails about sales on malls. Well, for me, every sales day is a saves day. I can save more when I buy during on sales. Thanks for sharing your thoughts!

    Reply
  3. DC @ Young Adult Money January 18, 2014

    Hmmm the envelope system would be really interesting to try sometime. I haven’t read Dave Ramsey’s book or gone through the course, but it seems to creep up from time-to-time. I save money on fashion by not being fashionable : / My go-to store is Target…
    DC @ Young Adult Money recently posted…Is Roku a Good Alternative to Cable?My Profile

    Reply
    • Lisa E. January 19, 2014

      Target is actually pretty fashionable!

      Reply
  4. David January 18, 2014

    Thanks for the insightful article!
    Every time I go shopping, which by the way is not often, I look for bogo’s and cheaper things in the clearance sections. Every penny counts when it comes to buying things, and so I recommend doing what you do to others.
    David recently posted…Where the Global Economic Center of Gravity is Moving and Why?My Profile

    Reply
    • Lisa E. January 19, 2014

      BOGO’s are the best!

      Reply

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