|This little frog has his work cut out for him!|
Given my full-time student status, I decided 2012 is the perfect time to implement a clothing budget. I was heartened to see that Kimmie of Blue Paper Lanterns, on a $50/month or $600/year budget, was able to add an astounding variety of items to her closet on a budget.
I decided that I would set a spending limit of $30 per month, or $360 total per year. Then I decided that it might as well be a dollar a day -- so I have a grand total of $366. To keep myself honest, I will be posting a purchase roundup at the end of each month.
Just how much is $366? On Saturday, I spent a staggering $272 on textbooks for the semester. If you look at the $366 as money used for purely frivolous items, it is a significant sum. But if I think about it as one dollar per day, it doesn't sound so indulgent. :)
There are certain more expensive items that I'd like to add to my closet, such as a little black dress and a good everyday purse (my faithful Nine West crossbody that gets dragged everywhere, everyday, is starting to look shabby). It will be a fun challenge to prioritize funding for these essentials.