I am 2 months in to my low buy year and I am doing just okay. I am not doing as awful as previous years, but I am still buying unnecessary things unfortunately. I would give myself a C for now.
One good thing though is that I have cut back on buying things for my business. Last year I spent close to $4,000 on supplies like fragrance oils, mica, clays etc. A lot of it wasn’t even necessary. I bought so many ingredients that I can’t even remember what they were for and they have just been on my shelf all this time.
I have only bought myself one clothing item and it was a tshirt that I bought for the Knott’s Berry Farm Peanuts Celebration. I have bought my daughter 3 shirts, which isn’t too bad. I think I should definitely be able to get through March without buying her anymore clothes or myself. Though I might us shirts for Knott’s Berry Farm Boysenberry Festival, if they are cute.
I have done a good job of not buying soap or whipped soap. Last year I bought way too much and ended up giving away so much of it to my local Buy Nothing group.
I have also bought some books from the library. I think I have spent about $20 total, which isn’t much, but each book was 25 to 50 cents, so I ended up buying a lot of books. To be honest, i don’t have much space for them, but I couldn’t pass up the good deals and had to add them to my collection of books. I think I have somewhere between 600-800 books from my childhood collection.
Next month I will try to be more intentional with my purchases. Target and Amazon are two places where I have spent too much money, so my goal is to cut back on shopping there.
I know I am not alone in feeling this way, but am so bummed out about not reaching most of my goals from 2020 and 2021. I am hoping to achieve more goals this year and I think one way to do that is by not setting unrealistic goals like i did in the past. Here are my goals for 2022, I decided to categorize them to make it easier to follow them.
I spent way too much money last month and need a reset. What better month to have a no spend month than the month of February? Here are my rules for what I can spend money on and what I can’t spend money on.
Can buy/spend money on
1. Haircut- I only get a haircut once a year, so this is fine
2. Birthdays- I have 3 siblings celebrating their birthdays this month and I plan to give them all money
3. Business expenses
Can’t Buy/Spend Money on
1. Soap- I have too much
2. Skincare Products- Same, I have too much
3. Fast food- I don’t need to waste money on this
4. Anything on Amazon- I have been spending way too much on Amazon through this whole pandemic
Starting in February, I plan to start my 2021 low buy challenge. Here are my rules. For the most part, I won’t be buying or spending money on myself or on things for me.
1. No new clothes (for myself)
2. No more skincare or body products until I am finished with the ones I have
3. No shoes (only exception is 1 pair of running shoes that I need since my two running shoes are 5 years old and need to be replaced)
4. I am allowed to spend money on gifts for family, but only one gift each occasion. Exceptions are my daughter and my mom
5. Make a wishlist with everything I want and then wait a few days before buying.
I will be allowed to purchase things, but I need to be more intentional about my purchases. My reason for wanting to cut back on buying things is because I don’t have much space for my things and I want to pay off credit card debt.
This year I had so many goals and things on my bucket list. Then 2020 happened. It was so disappointing to look back and see that I only accomplished 2 out of 17 things. Of course, I am not to blame for not accomplishing most of them. Many of the things that I had on my list were things that I couldn’t o because they were cancelled thanks to this global pandemic and our stay at home orders here in California. Here is my list of 17 things I had hoped to do in 2020.