Sunday 18 April 2010

Spending Hiatus Conclusion

My 7 week spending hiatus ended on the first day of the Easter holidays. I fully intended to go on a mad shopping spree while I was in Scotland as a reward for my efforts. However, once I actually got to the shops I realised I didn't really want to buy anything. There was nothing in particular that I needed and although I saw lots of things that I liked I didn't feel like parting with the cash that I'd been forbidding myself to spend for weeks. In the end I bought a couple of balls of wool and I saw a cardigan I liked in White Stuff which I'm going to try and copy by customising an old cardigan I already own. I also decided that instead of wasting my money buying clothes that I don't really need I'm going to save up for the next few weeks and splash out on a really expensive dress in a simple, classic style that I'll wear for years.

So overall the spending hiatus was a huge success. I didn't actually save that much money as we've had quite a few other necessary expenses these past few months (i.e. large solicitor's fees!). However, the more important outcome is that I've completely changed my shopping habits. I now think more carefully about what I'm buying and ask myself if I really need it or if there's a way I could make something similar myself. I'll definately be repeating the exercise in the future.

Here's a picture of my first unnecessary purchase in 7 weeks. I'm making myself a scarf which is about as much as my limited knitting skills can cope with!






5 comments:

Sarah B said...

I know what you mean about seeing things you like but not really needing them. I am on a forced spending hiatus due to a few pesky situations that have arisen and I must say that while it can be a little frustrating, I don't mind not buying 'stuff'. I like the idea of your purchase of a great dress that will last for yonks - I'd love to do the same with a classic pair of Chanel ballet flats but that's just in my dreams at the moment!!
Your wool is gorgeous. It will make a great scarf. The colour is so pretty!

Anonymous said...

Good on you! My non spending is a little forced too, but I am also appreciating the new found perspective! Loving the op shops even more now. That wool is such a beautiful colour... I am going to harass my Mum into re-teaching me to knit this winter... lots of scarves to come I reckon!
:)

Ellen said...

Economics made me cut back on the shopping experience. At first I was bummed I couldn't just go and buy a new shirt or whimsy but in time when I went out to try to buy something new I was more picky about what I would spend the money on. I found there was not much I wanted or I couldn't justify what they were charging for a T shirt. I also found myself checking out clothes on ebay...and finding some great new shirts for a sweet deal. Window shopping isn't so bad either...I do need a new nice outfit for the Spring Summer...I have't found one yet...

Loree said...

Cutting back is hard at first but then you get used to it. It makes me hunt for bargains and I feel so good when I am able to get something for 50 or 75% off.

Louisa May said...

Well done Sarah, I'm looking forward to seeing your new improved cardi and the new scarf, the colour suits you so well. I will help you look for a new dress, is there anything on the Inis website that you like?x