In this post, we’ll be covering how much we spend on clothing. Not everyone shops for clothes each month. We tend to avoid it at all costs until it’s necessary.
Get to the point already!
Just like the fuel and restaurant budget, we budget $200 for clothing each month, for a total of about $2400 per year.
How do you stick to it?
How much we spend varies from month to month. For example, when the seasons change or a special event is coming we might spend more than $200, while other months we may spend a lot less. Luckily with YNAB the amount we have left at the end of the month will carry over to the next month’s budget.
What all does it cover?
This is a pretty self-explanatory budget category. It covers clothing and just about anything we wear. That can include coats, shoes, swimsuits, and more. We will sometimes use it for other things as well such as bath towels or bedding. They’re all made of cloth right?
There are certainly ways to keep this budget in check. One way is to hand down clothing from older children to younger children. Another may be to shop for clothing from places like Goodwill or consignment shops. We rarely buy clothing unless it’s on sale or we have discounts. We tend to do a few large purchases a couple of times a year, or when we’re desperate.
One major win for us is that we don’t buy clothing unless we need it. That means we’ll keep clothes for a long time until they’ve essentially worn out. We’re not “shoppers”, which means we don’t tend to browse clothes until it’s time to replace them. This helps us in keep our clothing budget in check.
How much do you spend on clothes each month? Where do you tend to buy new clothes? Are you a shopper or someone who avoids it as much as possible? Let me know in the comments below.