January Accountability: Oops

“Wealth consists not in having great possessions, but in having few wants.” 
― Epictetus

It all started when I had to purchase some items for a work trip. It was a legitimate need as a very specific style of dress was required and I did not own any of the items, nor could I find cheap or easy ways to rent them. I spent a couple of hours researching sales, warehouse sites, and even eBay to find the most reasonable and cost-effective options and got what I needed at heavily discounted prices that I am happy with.

But…the thing about shopping is that once you put your card or cash down, it becomes frighteningly easy to do it again, and the algorithms are unnervingly adept.

I have this ambitious goal of seeing if I can strictly limit the items I buy this year. I have a short list of stuff I have wanted or identified as a longstanding need or reasonable desire. For example, I wore my past pair of black ankle boots to absolute shreds, such that even a cobbler suggested that between the cracked leather, ripped sole and missing heel…I should just maybe replace them… Because I wear this kind of shoe more than any other, I felt that replacing it was a reasonable exception to my No Buy, and bought a nice pair on significant sale (post holiday sales in London tend to be good places to find bargains).

Then, because I had been searching on eBay for those work items, the internet sent some other “suggestions” my way–all items which legitimately happened to be on my shopping list. A cashmere or wool sweater dress and a summer dress. Scary. The internet knows. Because my mental pump had already been primed, my weak will kicked in and I put in bids…and won! Both were about £15 each, which is a bargain for the brands (The White Company and Ralph Lauren), but facts are facts and the truth is I think this means I’d well and truly broken my No Buy challenge for the month.

And then! Because I’d already “failed,” I allowed myself to buy a chunky knit from & Other Stories. Once again, this was legitimately on my shopping list for the year, and I found a lovely piece that’s thick, very warm, modern looking, and on trend while being something I will be happy to wear for several years to come.

I am not counting the items required for work individually, but in the spirit of honesty I’ve decided to count the whole order of work gear as one of my approved 2019 purchases, and I’ve also added the two dresses and jumper to the list. Which means we’re three weeks into the year, and I’m already down five spaces on my limited shopping list. That’s a bit sobering. My consolations are that all of these were items I had actually projected to spend money on this year and considered for several months, none of what I bought is expensive, and only one item is full price…but that’s not really the point.

Spending is, and is designed to be, a slippery slope. If I had not had to buy those work items originally, would I have ended up purchasing other items? I’m not entirely sure, but probably not.

I’ve been very disciplined in other areas this month, especially around food and exercise which both ended up saving me money as I bought significantly less food on the go and saved on travel costs by walking more. All in all, I think this month balances out so far, but in February I think my priority will be to not even open the door on spending. If an event or function requires kit that I don’t own, I will turn it down rather than incur unanticipated costs and will find cheap or free ways to socialize rather than default to eating out.

What goals did you have for this month? Have you met them? Where are you putting your focus next? 

 

4 thoughts on “January Accountability: Oops”

    1. Great question! I’ve written about this a bit before, but we’re looking to aggressively pay down our remaining debt and begin building our savings in a much more long term way that we’ve been able to achieve thus far.

  1. My goals are more (sigh) endlessly health related — to lose weight and not feel so ill. The pills I am taking now for BC are not fun.

    FUN goals? Get out more, despite insanely cold temperatures…3 NYC meetings this week, 2 work related, one a fun lunch at “my” table (!) at Keens, an old school steakhouse. Looking forward mightily to a 5 day break in Montreal in early February.

    I splurged $250 for 3 Aritzia sweaters on sale (each $80, half price) and thrilled with them. Super stylish, the usual neutral tones, soft wool, new proportions. I very rarely buy and so much at once but am so happy. Now thinking of to ditch from the things I am not wearing.

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