First of all, yes, I know: I’m a month late to this game, if we’re going to take the post title literally. And, yes, I know that I’ve slacked on the monthly shopping recap front as well. The truth is that neither shopping, nor the recapping of it, has been at the forefront of my priorities in the last couple of months. Don’t get me wrong; I’ve still shopped – a lot, if we consider July as a case in point. I just haven’t felt inclined to write about it. Reading other people’s budget posts last month did, however, give me the urge to do a quick tally of my year-to-date numbers, and after doing the math, I figured I’d might as well share it with you.
So, here we are: numbers coming at ya!
Let’s start with the big ones. Between January and July of 2014, I spent $2,462 on clothes and accessories. The estimated retail value of my purchases added up to a whopping $10,223, which means I paid, on average, about 24% of the original “on paper” value. This number tracks very close to last year’s figure, although I’ve spent considerably less overall (and bought fewer things) this year. My bargain hunting mojo is going strong.
The total amount spent in 7 months breaks down to an average of $351/month, which seems a tad high, but adjusted for 2 expensive purchases (more on that in a minute), it’s actually pretty modest ($188/month). I don’t have a predetermined budget anymore, but I try to keep my clothes spending under the “5% of net income” threshold, and (even on the high end), I’m comfortably within that limit.
I had two expensive purchases this year, which skew my numbers significantly. Both were purses, in case you couldn’t guess. Alone, they account for almost half of my year to date spending. The other half was spent on 40 items, to give you a sense of proportion – these cost, on average, about $33 each.
So, this year, I bought:
2 pairs of shoes
3 accessories (jewelry)
Not bad, I think, considering it was a year in which I lost over 25 lbs and changed 2-3 dress sizes. Needless to say, I’ve also “purged” a lot of clothes from my closet this year, although I haven’t kept very good track of the numbers. I would say that, while it probably wasn’t a “one in, one out” situation, it was close. And I put “purged” in quotation marks because I finally learned my lesson, and am no longer getting rid of everything that doesn’t currently fit. I did that last year with pre-pregnancy clothes, and then had to re-buy a lot of things after my body changed, again (a year and a half later than I expected). So, things that are good quality and were good bargains (primarily work clothes) are staying put in my overflow closet for the time being. I am taking a few things to the tailor (primarily pencil skirts) to be altered, but I’m calling the rest “insurance”.
And there you have it – all the numbers and then some.