Page 1 of 24 12311 ... LastLast
Results 1 to 10 of 239

Thread: The Year Of No Shopping

  1. #1
    Varsity Member
    Join Date
    Mar 2017
    Posts
    112
    Mentioned
    9 Post(s)
    Quoted
    45 Post(s)

    The Year Of No Shopping

    Saw this in the NYT, and I can definitely relate...Iím going to give it a go in 2018. Hopefully Iíll save up some money, reevaluate what I need, and maybe make some awesome purchases in 2019.

    https://mobile.nytimes.com/2017/12/1....html?referer=

  2. #2
    Junior Member
    Join Date
    Jan 2016
    Location
    central Ohio
    Posts
    24
    Mentioned
    0 Post(s)
    Quoted
    5 Post(s)
    Thought-provoking article and idea. Thanks. I'll give this some real consideration.

    If I give it a go, I might start off more modestly, say 1/3 of the year, or max. of 1-2 items per month. A full 12 months cold turkey is intimidating.

  3. #3
    Varsity Member
    Join Date
    Jun 2015
    Posts
    313
    Mentioned
    9 Post(s)
    Quoted
    126 Post(s)
    I'm at the point where I've really narrowed down my ideal wardrobe and just have to get a few items to complete it, so 2018 for me is gonna be wardrobe completion year (finally), then I'm done with shopping (aside from the occasional replacement). Too much stuff and clutter sometimes irritate me, but I wanna be stylish too, so having my wardrobe list really helps. After this I'm moving on to increasing my savings and investments.

  4. #4
    Varsity Member
    Join Date
    Apr 2014
    Posts
    2,998
    Mentioned
    152 Post(s)
    Quoted
    899 Post(s)
    Quote Originally Posted by Raakish View Post
    Thought-provoking article and idea. Thanks. I'll give this some real consideration.

    If I give it a go, I might start off more modestly, say 1/3 of the year, or max. of 1-2 items per month. A full 12 months cold turkey is intimidating.
    A year is hard to do. I do the monthly or quarterly goals. I am in this boat myself because I piled up credit card debt I didnt want and am going to halt spending for 3 months completely plus route whatever merit increase I get straight to cards. I will evaluate again at the end of 3 months to see if I paid it down enough to meet my goal. I am sure I will see some encouraging progress and keep going. I have done this before and it has worked well. If I far surpass the goal I might treat myself to a small expenditure but nothing that exceeds 20% of my overage. Say my goal was to reduce the balance by $1,000. If I reduced it by $1,500 then I might allow myself to spend $100 on myself (20% of the extra $500). Last time i did this I got so encouraged I just skipped the treat.

  5. #5
    Super Moderator
    Join Date
    Oct 2012
    Location
    Nashville, TN
    Posts
    2,393
    Mentioned
    216 Post(s)
    Quoted
    892 Post(s)
    Quote Originally Posted by idvsego View Post
    A year is hard to do. I do the monthly or quarterly goals. I am in this boat myself because I piled up credit card debt I didnt want and am going to halt spending for 3 months completely plus route whatever merit increase I get straight to cards. I will evaluate again at the end of 3 months to see if I paid it down enough to meet my goal. I am sure I will see some encouraging progress and keep going. I have done this before and it has worked well. If I far surpass the goal I might treat myself to a small expenditure but nothing that exceeds 20% of my overage. Say my goal was to reduce the balance by $1,000. If I reduced it by $1,500 then I might allow myself to spend $100 on myself (20% of the extra $500). Last time i did this I got so encouraged I just skipped the treat.
    I used to set little goals with my student loans and when the time came to splurge, I would usually just splurge by paying off more.

    I am having another son in 2018 so it will be the year of budgeting. I pre-ordered a Spier & Mackay sport coat but the rest of the year will be a delicate balance as child care is expensive. My relief purchases will probably be new under shirts or something which I greatly appreciate and will satisfy other purchasing behaviors.

  6. #6
    Dappered Veteran Vicious49's Avatar
    Join Date
    Jul 2012
    Location
    Houston TX
    Posts
    3,494
    Mentioned
    112 Post(s)
    Quoted
    478 Post(s)
    This part of the article is so true:

    The trick of no shopping isnít just that you donít buy things. You donít shop. That means no trawling the sale section of the J. Crew website in idle moments. It means the catalogs go into the recycle bin unopened on the theory that if I donít see it, I donít want it.


    I've been doing this basically for the past year or so (as it applies to clothes). Not because of any goal but just because I thought I had too many clothes and wanted to cut down on the spending. I think I may have spent $60 at JCrew during a recent sale but besides that I haven't randomly searched a site for sales. That's what seems to get you in trouble. You click on one of Joes articles on the front page and see the deals. Then you start browsing and find something that 'is too good to pass up at that price'.

    I now tell myself I will only shop the MrPorter sales and watches. In the year I've been doing it, I haven't missed shopping at all. I still have plenty of clothes and shoes - probably still way more than any person needs. It's helped cut down on my spending tremendously and freed up time I'd normally spend sifting through sales online. Now if I could only give u my affinity for watches and constantly wanting to try so many different ones . . .

  7. #7
    Varsity Member
    Join Date
    Oct 2017
    Posts
    141
    Mentioned
    7 Post(s)
    Quoted
    52 Post(s)
    Interesting idea... I might give it a go this year but probably divide the year into quarters where I will treat myself to something at the end of the quarter.

  8. #8
    Varsity Member
    Join Date
    Apr 2014
    Posts
    2,998
    Mentioned
    152 Post(s)
    Quoted
    899 Post(s)
    Quote Originally Posted by Vicious49 View Post
    This part of the article is so true:

    The trick of no shopping isn’t just that you don’t buy things. You don’t shop. That means no trawling the sale section of the J. Crew website in idle moments. It means the catalogs go into the recycle bin unopened on the theory that if I don’t see it, I don’t want it.


    I've been doing this basically for the past year or so (as it applies to clothes). Not because of any goal but just because I thought I had too many clothes and wanted to cut down on the spending. I think I may have spent $60 at JCrew during a recent sale but besides that I haven't randomly searched a site for sales. That's what seems to get you in trouble. You click on one of Joes articles on the front page and see the deals. Then you start browsing and find something that 'is too good to pass up at that price'.

    I now tell myself I will only shop the MrPorter sales and watches. In the year I've been doing it, I haven't missed shopping at all. I still have plenty of clothes and shoes - probably still way more than any person needs. It's helped cut down on my spending tremendously and freed up time I'd normally spend sifting through sales online. Now if I could only give u my affinity for watches and constantly wanting to try so many different ones . . .
    yeah, I spend a lot more money when I have watchrecon app on my phone. Hard to be tempted when you dont see the things.

  9. #9
    Varsity Member
    Join Date
    Nov 2014
    Posts
    172
    Mentioned
    2 Post(s)
    Quoted
    21 Post(s)
    I had alerts set for r/frugalmalefashion which got me a bunch of really good deals this season, but now that I've gotten what I wanted and shouldn't do any more spending I just turn it off and avoid browsing. That helps a lot.

    Sent from my Moto G (4) using Tapatalk

  10. #10
    Super Moderator hornsup84's Avatar
    Join Date
    Jan 2012
    Location
    NYC
    Posts
    2,551
    Mentioned
    196 Post(s)
    Quoted
    918 Post(s)
    Quote Originally Posted by idvsego View Post
    yeah, I spend a lot more money when I have watchrecon app on my phone. Hard to be tempted when you dont see the things.
    After I stopped going to WUS forums daily, cut out a few shops I frequented to see their used stock, etc., my watch purchase frequency (and my overall want for watches) went down drastically. I still really enjoy watches, but I'm not in a constant state of yearning for a new one anymore. Which is nice, since I have other stuff where that money should go this year and next.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •