In an attempt to curb spending (although I don't think I'm going to have much time to shop in the next few months), like last year in the first quarter (January-March), I'm going to once again take on the Five-Item Challenge. I am going to keep the rules the same:
I am allowed to buy only 5 items for the next three months including accessories, but not including necessities like underwear and socks or items purchased with gift cards. There is no price limit, but I obviously want to do the best I can in the savings department. This will hopefully cut down on my spending for the months of January, February, and March while putting a lot of thought into my purchases focusing on needs vs. wants and paying close attention to the quality of items.BUT, I will add a small allowance of accessories of $20 per month. Any accessory purchased over the $20 allowance will count as one item. Last year I was successful, so I am hoping for a repeat. Anyone else with me this year? ;)
I should also mention that I am now also on Instagram. You probably won't believe this, but up until a few weeks ago, I did not own a smartphone! I have now joined the 21st century. LOL. So if you are interested in a small peek into my personal life and a few outfits (even though I have yet to get into the habit of snapping them) you can follow me here!
9 comments:
I love the idea of the 5 item challenge, but I think it's best to set a budget each month. Otherwise you could be buying 5 x $100 items thinking that you've saved money when in fact you're spending more than usual.
I have found that only buying things with cash curbs my spending. If you don't have it, you can't buy it!
I've not got a smart phone either, but I'm not contemplating the ipod touch in order to start sharing on instagram.
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Hi Cher! What a great idea...inspired I think I will join you on your 5 item challenge! Here's to making wise fashion choices during the next 3 months! :D xoxo, Phoebe
YAY!! I'd love to see what your 5 items are at the end of the 3 months! :D
Yay for smartphone! I got mine last Jan. Am following you in IG! Good luck with 5 item challenge!
Great challenge!! Really gets the year started on saving. Good Luck!
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I like this idea! I was just making a list of the few classic items I really need in my wardrobe, but I never fail to be distracted by lots of "wants" when shopping. I don't know if I'm quite prepared to take this challenge on myself, but I will definitely be cheering you on!
I really enjoyed your last 5 item challenge so am looking forward to seeing it again!
This year I would like to put more thoughts into what I buy rather than rushing to buy something to wear. I hope it works for me.
Oh, I do not own smartphone yet. One of my phones is at least 5 years old before smartphone actually. (the other one is temporary one so no 'smart' phone anyway). I'm planning to get one once starting a new job!
I'm in! I enjoy a good challenge, especially one that's easy on my wallet!
LOL can't believe you didn't own a smartphone - wow! Will see you over at instagram though I'm not in the habit of snapping photos regularly anymore ;)
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