Picture this: the world goes into a state of emergency. It’s a pandemic. People are panic-buying toilet paper and ramen. Everyone except me. I’m panic-buying face masks (no, not the medical kind). And pajamas. And sweat sets. And new shoes. And a fabulous dress for my 30th birthday that I won’t even be able to wear. Retail therapy: it’s a thing. And I fell victim to its dark, downward spiral.
I can’t be the only one who shops when they are stressed. And, well, it’s safe to say I was stressed in March. For the sake of this blog, I added up all of my purchases (don’t judge me). I spent a collective $2305.48 in 31 days. I’m just as appalled at that total as you are (swear). No, that doesn’t include rent, bills, food, or essentials. That is the damage I did on clothes, shoes, books, workout apparel and gear, home decor, skincare, haircare, makeup, and way too many candles alone. I mean, I bought a $238 accent chair as a “prop” for creating blog content indoors. Like, what? I knew I spent a lot in March, but I didn’t realize just how much it was until I started writing this. Now I’m stressed (especially if my dad reads this). I’m never shopping again.
In all seriousness, I knew I spent way too much money last month. It was a mix of panic-buying things to keep me occupied in quarantine like workout gear and an at-home LED gel nail light, and stress-shopping for things I didn’t need, like new hair products (I’m not even doing my hair right now). As much as it pains me to say, I can probably return the $284 dress I bought for my 30th birthday, because I’ll likely be self-isolated in bed all day. Who do I think I am with these frivolous purchases? After doing some damage at the Nordstrom 25% off sale, I text my girlfriends and told them I was doing a no-spend April. I knew things were getting out of control, and I needed a detox. Consider this my official confession of a shopaholic.
I decided to do a no-spend April for a few reasons; 1) I knew I was going to owe (a lot of) money for my taxes in April, 2) I wanted to save more money, and 3) I plan to buy myself a designer bag for my 30th birthday, and would feel much more justified doing so if I was cutting back in other departments.
I’m hoping this no-spend April will be like a bootcamp of sorts to get a handle on my frivolous spending habits. I’m lucky that I’m in a financial position where I can afford to treat myself without doing much long term damage, but I truly need to be better about saving. Imagine if I saved that $2305 (that would have covered 2/3 of what I owe in taxes). Sure, I wouldn’t have an 8-pound medicine ball and new Lululemon leggings, but I’d be closer to my end goal. If you’re new around here, one of my goals for 2020 is to save $15,000. Let’s just say we’re off to a rocky start, but I’m determined to turn things around.
So, do you think I can do it? Only the essentials during the month of April (food, bills and rent, and everyday hygiene products). We’re 15 days in and I’m still going strong. Who’s with me?