So, it’s resolution time! I toyed with the idea of doing a summary of my year long Low-Buy for 2016 but if you’ve followed along on the journey, it can be summarized as this: well-intentioned. 😉
I did start out well early in the year but I got myself in the red badly by mid-year, which then meant that I had to go on a self-imposed No-Buy for a couple of months to get myself out of the hole. But it was down hill once again by late Autumn. I’m not even going to insult you by posting a December Low-Buy post – I ended the whole year in the red in a bad way! 😳 If you’re curious about my journey, have a read through my Low-Buy Accountability posts. Remember when I achieved my No-Buy in 2015, I rewarded myself? Well, I didn’t achieve my Low-Buy target so no rewards to myself! 😥
You might be wondering, “but Stashy, you did a No-Buy for the whole year in 2015! Why were you not successful in your Low-Buy in 2016?” To that I say: I actually think a No-Buy is easier than a Low-Buy. For me, once the faucet is turned on… the trickle of spending just starts flowing and it’s a challenge to turn off. Whereas, if I’m consistently not purchasing, it becomes a habit that’s easier to maintain. It’s difficult to explain – possibly an all-or-nothing or black & white type of thinking. So, I’m hoping a hybrid system will help me to stay on track this year! Here’s what I’ve devised, based on my spending patterns:
January: Free For All again – c’mon, all those clearance sales! This will forever be known as Haulurary (thanks to GymBagMakeup for coining that term!)
February – March: No-Buy
April: $200 for Sephora VIB sale
May – June: No-Buy
July: $200 for birthday hauling
August – October: No-Buy
November – December: $300 per month for VIB, Black Friday, and holidays
So that’s 7 months of No-Buy and 5 months of Low-Buy. Let’s see how I fare!
• Focus on not buying unnecessary makeup AND skincare items (this is different from last year – I did not count skincare but I think I need to curb the hoarding with skincare too)
• Keep spending within the allotted monthly budget
• Overage amount will be deducted from following Low-Buy month(s)
• Leftover amount will be added to following Low-Buy month
• No-Buy months means NO BUYING – even if I have leftover money or gift cards
• Replenishment of finished beauty products is ok and not counted as part of the total
• Items purchased on vacation do not count! (currently we have no travel plans yet – we’ll likely not be taking big trips this year)
One in, one out Policy
As an added bonus, I’m also instating a one in, one out policy for makeup purchases. I truly am running out of allocated space for my makeup. Of particular focus to destash are nail polishes, blushes (SAD FACE), and brushes. I’ve just got too many of those items that I never use! This policy isn’t a hard rule, but a focus for me to net out with the same amount or less makeup at the end of 2017!
What are your thoughts? Are you attempting any Low or No Buys / spending reductions this year?