Have you ever taken the time to check how much you spend on clothing and footwear each year? The result of this exercise could shock and amaze you. A lot of this money could be saved or used in a more productive way, so it’s important to find ways to reduce this type of spending. Below are some ways you can get the ball rolling and start lowering your annual clothing and footwear bill today.
Create a Budget and Stick to It
If you are spending more on clothes and footwear than you should be spending, you need to seriously consider creating a shopping budget. This budget should include the amount of money you’re making, how much disposable income you have and how much you plan to spend each month. When you see all of this information written down, it should act as a warning not to spend money you don’t have.
Look for Online and Local Deals
If you need to buy new clothes or footwear, the internet is often the best place to start. There are many online marketplaces and retailers who sell their products at greatly reduced prices. You can also avail of vouchers and coupons from voucher websites. For example, Footasylum vouchers are available for shoppers who want to purchase shoes and other footwear products for less.
The internet is not the only place where you can grab a bargain. Many local stores have excellent sales that are just as good as the sales online. Once you have carried out all of this research, you should then be able to buy the item you want at the lowest price possible.
Avoid Impulse Buys
Unfortunately, many people lose their self-control when they are shopping and this is often the main reason why they waste so much money each year. Instead, you should ask yourself do you really need the item that has grabbed your attention. You should always keep your budget in mind and if possible bring it with you. You can easily do this by adding your budget details to your phone or writing it down and bringing it with you when you go shopping.
Make Your Clothes Last Longer
Believe it or not, it is possible to extend the lifespan of your clothes and shoes. You can do this by not using too much detergent when you wash your clothes or by avoiding situations where your clothes or footwear can get damaged, dirty or stained. Many clothing items can also be altered or repaired easily. For example, you could repair small tears, fix broken zips or replace missing buttons.
Avoid Paying with Your Credit Card
When some shoppers use their credit cards, they are often spending money they don’t have. This spending can quickly get out of control and you could end up paying for your clothes and footwear for a long time to come.
The amount of money some people spend on clothing and footwear is astounding. They don’t need many of the items they buy and could be putting this money to better use. You can avoid this by acting on each of the tips above.