Shopping on a Budget
Background Behind a New Series
My dad works in the banking industry, so you think I’d be an expert at budgeting by now, oh I wish. He taught me SO much, like how to be fiscally responsible, how to balance a checkbook, to always pay my bills on time, etc. If only I would have been better about my shopping budget, that is not something that I need to continue to improve upon (I clearly didn’t listen very well, sorry dad for not listening).
In January of 2018, I swore off online shopping for a season and handed all my credit cards to Peter. While I’ve shopped online a few times since then and used credit cards, I don’t want to continue with that pattern.
In February of 2018, I started a series on the blog, 5 Days Of, to purposefully shop my closet instead of going shopping and spending unnecessarily spending money on things I don’t need.
It’s time to take ownership of the fact that this is an area of my budget that I’ve struggled with. It’s time to move forward, learn from my mistakes, and stick to a budget.
Shopping on a Budget Series
excited (okay, really I’m scared out of my mind) to start the “Shopping on a Budget” series. Even though this topic isn’t a fun one, I know it’s one that needs to be discussed. I plan to do monthly fashion budget recaps and will be starting with the month of March. I’ll share what I buy each month and any learning, mistakes, etc. that happens throughout the month.
We buy things we don’t need with money we don’t have to impress people [we don’t even need to impress in the first place]. – Dave Ramsey
In today’s culture, it’s difficult to not want to buy the latest and greatest things we see while we’re browsing our favorite retailers online or checking Instagram. Shopping on a Budget is going to take a lot of restraint, for me at least. I hope my mistakes and growth in this series encourage you. You don’t have to be perfect at budgeting. We all have a lot of learning and growing to do. Just keep learning one step at a time.
A budget is telling your money where to go instead of wondering where it went. -Dave Ramsey
Why talk about money and budgets?
As a Christian, I believe that I need to be responsible with the money that God has entrusted to our family. Over the years, I thought that meant that if I paid all my bills on time, paid off my credit cards each month, and still was putting money into savings, I was good to go. Oh, how I had so much to learn…
Take, compound interest, in the long run of going over budget in just one area versus saving it every month is just plain scary. Peter showed me a similar graphic to the one linked and it was a great wake up call.
It’s way easier to spend money online and on a credit card than it is in-store with cash. Shopping on a budget to me means that I stick to that budget.
Also, God clearly thinks the topic of money is important. In the NIV version of the Bible, a simple Bible Gateway search shows that there are 113 verses about money.
Here are two verses that are currently rocking my world:
No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money. -Luke 16:13, NIV
Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless. -Ecclesiastes 5:10, NIV