1/3/12

The $50 a month shopping budget challenge.....

What:  I'm going to put myself on a $50 a month shopping budget (clothes, shoes, accessories, and beauty products).  I'd like to think of it as a new year's resolution, and hopefully I'll be able to stick to this one.

Why:  I want to curb my spending and put a little bit more into my savings account.  Whenever I get a little extra money (after paying all of my bills and grocery shopping, of course), I put a little into my savings and tend to use the rest to buy myself a little somethin' somethin'- whether it's a pair of shoes, a couple pieces of jewelry, or a new nail or lip color, fashion is my weakness. Granted, I never leave home without a coupon and I comb the clearance racks for hidden gems, but those dollars add up. Plus, I want to start shopping my closet a little bit more and get more use of what I already own.

When:  I'm starting the challenge this coming Sunday (January 8th), and will see how long I can go with this $50 per month budget.  I will do an update post of all of my purchases for the month on February 9th, and determine whether I will keep going on with the challenge for another month or so.


This is a personal challenge, but you're welcome to join me if you'd like (a few fellow bloggers stated that they would like to join me on the challenge)!  I will occasionally post updates throughout the month on the Cheapalicious Facebook page and tweet about it using  hashtag #50dollarchallenge.  Wish me luck!


4 comments:

pao said...

I would love to join! I too am trying to curb my spending, especially on clothes & shoes! I am a little nervous but excited to start!

Niki Cheapskate said...

^^^ you should! try it for a month and see.

The Curvy Girl said...

GOOD LUCK! I want to do the same!!

DAE said...

COUNT ME IN! OMG! I NEED TO SO GET MY SPENDING UNDER CONTROL. I SHALL START TOMORROW.

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