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Budget | Fall & Winter 2014

September 26, 2014 by jessica

[dropcap custom_class=”normal”]I [/dropcap]’m abandoning the French Wardrobe Challenge this season. Don’t get me wrong, it was great way to focus on quality over quantity, but it could be a little too restricting. I found myself bypassing fun, unexpected statement items in favor of quieter pieces. I know that’s the point of the challenge, but it does suck some of the joy out of building a wardrobe. So, bring on the budget!

I’m not doing a month-to-month budget, however. I’m taking Fran’s approach with a seasonal budget. Her restrictions are in place thanks to student loans, but I wanted to adopt a similar approach because I think it’s more realistic for my lifestyle–and falls more in step with the principles of The French Wardrobe Challenge. In the past, I’ve found that a strict monthly budget led to an overabundance of cheap items because I wanted to stretch my dollar. This time, I’m going with a six-month allowance that gives me the opportunity to splurge on quality pieces to truly reinvigorate my wardrobe.

I’m still going to add each new addition to a Pinterest board to keep track of what I’m adding and how much I’m adding.

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THE BUDGET

I’ve started with a six-month budget of $1,500. I consider blog revenue and eBay sales to be “fun money” and may add a portion of that additional income to my overall seasonal budget if it doesn’t end up in my travel fund first. I’ll record any budget increases or expenditures here each month. (There will also be an annual “Tax Refund Splurge” that goes above my budget, but I’ll devote a post to that in January.)

  • $1,500 starting budget
  • + $0 added to the budget this season ($0 this month)
  • – $463.20 spent this season ($463.20 this month)
  • = $1,036.80 remaining

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WARDROBE UPDATE

Clothing:

  • Ted Baker opulent bloom skirt ($248): I’m obsessing over dark florals for fall and my heart skipped a beat when I saw this skirt for the first time. It’s my first Ted Baker item and the quality is impeccable. It’s fully lined and has a crinoline layer to keep the bottom full even after a day sitting in front of a computer.
  • LOFT scuba flare skirt in navy and black ($98.70): LOFT is a little fast and loose with the definition of “scuba” on this one. It’s not neoprene nor does it have the signature stiff flare of actual scuba fabric. That said, the knit skirt is light and flirty. It’s a good work basic that won’t look out of place with more casual attire on the weekend. It is short, though, and wouldn’t fly in a conservative office. (I also tried the beige version, but it felt a little too much like a Girl Scout uniform.)
  • Badgley Mischka mineral print skirt ($53.60): Two fancy skirts is a little indulgent, I know, but look at how much I paid! (In other words, a complete and utter impulse purchase.)
  • J.Crew “Tippi” sweater in black ($62.90): I already have a black Tippi sweater, but either it shrunk or I gained weight (or both). In any case, it’s about time I bought a replacement. It’s been a missing link in my wardrobe for far too long.

Shoes & Accessories:

  • Nothing yet!

Gifted Items:

  • Elie Tahari x DesigNation Faux-Fur Mixed-Media Jacket: I love, love, love this jacket. Remember when I mentioned that I was in the market for a statement coat this fall? This is it. (Outfit posts including this jacket and the dress below are coming next week.)
  • Elie Tahari x DesigNation NYC Skyline Fit & Flare Dress
  • Apt. 9 openwork ring

Items I tried this month, but didn’t purchase: 

  • J.Crew lambswool shirttail hem sweater: The sweater portion of this top added bulk to my frame (and gave me the illusion of a muffin top) and the shirt part was weird and clingy. Bad news all around.
  • ASOS color block shift dress: I was so excited about this dress because it has the same shape as another dress from ASOS that I love. However, this one had the most unpleasant texture, almost as if it had been spray painted with rubber.
  • LOFT floral romper: Eh. The bottom was too tight and I was drowning in the top. Fit issues aside, it probably wouldn’t get a lot of use this fall. Bathroom acrobatics are hard enough in a romper without adding tights to the mix.

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LINK UP

Fran does a great job of linking to budget bloggers each month and I strongly encourage you to take part. I’ve also started a link up below for you to share your budget recaps here. (My plan is to post the budget update on the last Friday of each month.) Not into budgeting? Feel free to share your monthly purchase posts here too. I’m always curious to see how other people build their wardrobes!

An InLinkz Link-up


You might also enjoy:

Wardrobe Update: September 2017

Wardrobe Update: August 2017

Budget Update: April 2017

Wardrobe Update: May 2018

Filed Under: Budget Tagged With: Budget

Comments

  1. Closet Fashionista says

    September 26, 2014 at 8:37 pm

    Yay!! I think it’s a good idea to just do a budget. That’s how I usually keep charge of my spending. I’m still going to attempt my modified French Wardrobe Challenge along with my budget. Helps me from straying too far.
    You got some really great pieces this month! Can’t wait to see how you style them all.
    http://www.closet-fashionista.com/

  2. Rachelle says

    September 27, 2014 at 12:14 am

    I totally get it I’m struggling with french wardrobe challenge as I don’t really need any basics right now, but I do need more fun pieces. I like tracking my purchases so I just need to find a new name for it. Cannot wait to see the beautiful things you get.

  3. StyleFragment says

    September 27, 2014 at 3:47 am

    This is a nice budget amount. I thinking may need to set a budget for clothes, and especially shoes.

  4. Melissa says

    September 27, 2014 at 5:32 am

    I also tried on one of the shirttail sweaters at J Crew this week… it just didn’t look right on me and I had a feeling that it would feel dated by next Fall. Still love J Crew for basics, though!

  5. Anoushka says

    September 27, 2014 at 8:19 pm

    I’m impressed with this budgeting, I’m trying to buy less and better but it’s so hard!

    Anoushka Probyn – A Fashion and Lifestyle Blog

  6. Michelle Nahom says

    September 28, 2014 at 10:29 am

    I really need to do some budgeting as well. I prefer to buy pieces that are going to last me a while, but these days my teenage daughter is “borrowing” stuff left and right, and I may or may not see it again. Fortunately she doesn’t ruin things.

  7. Lyddiegal says

    September 28, 2014 at 9:57 pm

    Oh man, I need to get in with kohls! I went to the store this weekend to check out the Elie Tahari collection and ended up leaving with the skyline dress (twins again, lol), partly because it was cute, comfortable and reminded me of a similar Kate Spade piece. Also because I was able to get it for half off the list price, but not at all because I need another little black dress.

    Chic on the Cheap

    • Jessica says

      September 29, 2014 at 5:56 am

      That’s so funny that you mentioned the Kate Spade piece. I’m featuring the dress on Wednesday and definitely mentioned that in the post! I’m really happy with the neoprene pieces in the collection.

  8. Holly Rhodes says

    September 29, 2014 at 12:28 am

    I have been struggling with my spending lately (ok not so much ME as it is my husband who is starting to get twitchy with the amount of money I spend.) Anywho this may be just what I need. So do you just have 1500.00 in cash for the season? I don’t know how I would reign it in to just 1500.00. Do you just write down what you buy and subtract it from 1500.00? I am the queen of buying something and making myself like it because of the sale.

    • Jessica says

      September 29, 2014 at 6:06 am

      Budgeting is definitely a challenge. I personally need to start prioritizing saving for a house and for retirement, so knowing those two goals are more important than clothes helps tremendously. In a perfect world, I would have moved over the $1,500 into a new account and subtracted the money from that when I spent it. (And, actually I might do that next season.) For now, I just wrote down $1,500 and am subtracting all of my clothing and accessory purchases from that. It works out to $250 a month, which is a decent amount of money. I wanted to allow myself the flexibility to spend more one month (like this month) and less later in the season (I rarely shop in December and January). I also find that having a Pinterest board of items I’m considering helps a lot. I let them sit there for a couple of weeks before I make a purchase. Many times I fall out of love with it before I buy it.

  9. Tracy says

    September 29, 2014 at 8:43 am

    I’ve been dying to try the sweater/shirt from J Crew…now it sounds like I’d have the same fit issues so thank you for the review!

    I’m just loving all your fun skirts! That Ted Baker is just to die for…and the Elie Tahari dress with the skyline is so cute!

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Jessica Hamm
Hello there! I'm a first-time homeowner updating a 1920s house in Madison, Wisconsin. I have a penchant for travel and a love of costume jewelry.

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