Monday, October 4, 2010

30 Day Spend and Save Challenge Update: I Got Into Some Trouble
Yeeaaahhhh…. So I got into some trouble this weekend. Remember in my Making A Spending Plan post I said “you may be a fashionista and like to buy shoes every month, but this is a “want,” not a need." Well I kind of didn’t take my own advice. I allocated $200 for the month for clothes and I spent $227.28 in 2 hours. I allocated $40 for eating out and I spent $50.77 within 2 days. Let me reintroduce myself. “Hi. My name is Lauren and I’m a shopaholic who likes to have fun.”

What was the cause of this overspending? I got a coupon that said $50 off your purchase of $100 or more and it was my friend’s birthday. I know you were asking, “What did you buy and what did you order?” I actually bought 3 outfits that I can mix and match with accessories. Good for my wardrobe, not so good for my spending plan. My problem is not that I don’t have enough clothes; I just get bored with my wardrobe from time to time.  Since it’s the beginning of fall, I felt like I need some new pieces. As far as food, I spent most of money when I went out for my friend’s birthday and I ordered two drinks with my meal.

Luckily, I have other places in my spending plan where I can make up for my overspending. I’m being FAIR and flexible with my budgets by deducting that money from other areas. Since the hair salon is my favorite hated place in the world, I can deduct money from my hair budget. I have been doing my own hair lately because I don’t want to give someone $40 of my money every two weeks. I also don’t like to spend five hours of my Saturday in the hair salon. The only time I will get my hair done during this month is for my birthday (10/19). This will only cost me $40. That’s leaves me with $81.95 in my hair budget.

While I was able to be flexible, this overspending can be a problem. I will have to start making student loan payments within the next few months. I also want to move out of my mom’s house. Is there is a shoppers anonymous group I can go to? I need you guys to help me!

1 comment:

  1. That's great to be flexible and figure out where you can recoup your overspending. It's all about delayed gratification....which do you want more: a good credit rating (paying your loans on time) and moving out on your own; OR going out to dinner too often and buying too many clothes. Good luck with that birthday coming up! And have a happy and frugal one :)