Confessions of a shopaholic

I’ve come to terms with an addiction that I’ve been battling with for quite some time. It hurts my heart to say it but I’m addicted to shopping. I shop every pay period. It is a stress reliever and makes me feel good. But I’m at a point in my life where I need to have a savings. Sadly, I don’t have a dime in savings. I have four bank accounts and I use them all the time. Thankfully I do not have credit card debt but not having any savings is just as bad to me.

So I’ve decided to put myself on a restriction for FOUR months. Starting November 1st, my goals are:

To have at LEAST $100 saved after each pay period.
To not spend over $50 per pay period shopping. If I don’t use it at all, that’s a #win.

So basically I’ll have a $200 budget for four months. I’m actually gonna take the money out and keep it in my wallet each pay period so that I won’t go over. The debit card is too easy an access.

To help me stay on track, I will be blogging my weekly progress. (Something about putting it online that makes it more of a challenge to keep). I follow this blog called My Pretty Pennies and the young lady does a Weekly Money Check Up that I’d like to emulate.

At the end of every week (Saturday), I will post her five questions.

The first four questions are always the same, but the 5th is different every week.

1. The most I’ve spent this last week was on _____.

2. Today I feel _______towards money.

3. Money can’t buy happiness. One free/inexpensive thing I did last week that made me happy was_____________.

4. I will consider this week a success if I _____________.

5. My first job was ____________________.

If you’re unsure if you’re a shopaholic (OH YOU KNOW GOOD AND WELL YOU ARE!), take this quiz I took. I got a 48. Bad bad girl. And then hopefully you’ll want to change your spending habits as well. Wish me luck. This is going to be VERY difficult. You don’t understand. Shopping gives me LIFE! This means I must get creative with the clothing I already have. And all the fashion blogs I follow…..gosh. Kill me now. Ok, I must do it. No complaining.

So long excessive shopping…..

2 thoughts on “Confessions of a shopaholic

  1. I understand. Growing up in NY, where fashion rules are concocted, didn’t help me. I’m also a shopaholic…I unsubscribed from all the fabulous emails with sales, etc. Too enticing, Gucci, Neimans, Saks, U name it…It is a real addiction but the only one that people don’t take seriously, simply because you’re not visibly strung out on a corner BUT to your point, that money doesn’t go where it should and we could be further and better off than we are if nought for pre-sales, and that “thing” inside driving us that says we want new shoes. I also stopped buying magazines as often, they feed the urge & can be counted as a culprit. Also, I found new things to still spend on that was not nearly as much…so for instance I would spend $20 in CVS on a face scrub or Burts Bees item. The cold turkey was not very effective for me. Alas, its an upward & ongoing battle, but one I will conquer.

    • I miss you Main!

      I too cannot go cold turkey which is why I’m giving myself a $50 limit per pay period for clothes. I’m going to try not to spend it though.

      I may have to unsubscribe to some blogs or just not check them because it’s hard! I love new clothes and people who don’t won’t get it.

      Glad we see eye to eye!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s