Browse Tag: savings

Monthly Consignment Update

Thrift Spending:

May 2nd – $21
May 9th – $42
May 24th – $18

Total purchases: $81

Consignment Income:

May 1 through 8th – $224
April 9 through 15th – $140
April 16 through 22th – $120
April 23 through 31th – $271

Total income: $755

Number of items consigned: 70

Consignment Income $755 – Spending $81 = Month End Balance $674


Wow this month I spent $11 over my budget with mostly housewares and a couple resale items that I sold at the store. All in all I’d say that’s not too shabby! I consigned less items this month and made roughly $100 less than last month. We can’t always have record-breaking months!

 

Monthly Consignment Update

Thrift Spending:

March 28th – $34

Total purchases: $34

Consignment Income:

March 1 through 6th – $141
March 7 through 13th – $241
March 14 through 20th – $269
March 21 through 27th – $148
March 28 through 31st – $133

Total income: $932

Number of items consigned: 144

Consignment Income $932 – Spending $34 = Month End Balance $898


I’m at a loss for words what can I say? When I set my mind to do something I follow through full tilt. Since deciding to purchase my first home (which I haven’t found yet!) I have completely put a halt on my spending. I visited Value Village maybe twice this month and only spent $34… I also sold some items on Kijiji which just increased my home savings.

I think the boost in sales is mostly in part to finally being able to consign spring items which in my opinion sell far better than anything else. Everyone here is chomping at the bit for warmer weather and sunshine! It does pay to save your off-season items!

Monthly Consignment Update

Thrift Spending:

Value Village on February 8th – $34
Value Village on February 10th – $18
Value Village on February 14th – $14

Total spending: $66

Consignment Income:

February 1 through 7th – $39
January 8 through 14th – $125
January 15th through 21st – $25
January 22nd through 29th – $135

Total income: $324

Number of items consigned: 54

Consignment Income $324 – Spending $66 = Month End Balance $258


I announced last month I would have a new goal of $70 per month for thrifting purchases and I managed to come in this month just under the wire! I’m quite proud of my spending, I have definitely curbed it for the better. Being very particular about my purchases and increasing the rate I consign to generate more income. I have also noticed a sizable increase in the prices at Value Village once again this month so that is also a buzz kill.

Monthly Consignment Update

I thought this year I would try tracking my purchases and consignment income a little more closely based on the success of my first year of the “Thrift Challenge“.

Thrift Spending:

Value Village half price sale purchases total:
January 10th – $160 Belleville ($100 in consignment-worthy goods)
January 11th – $38 Kingston
January 20th – $56

Total purchases: $254

Consignment Income:

January 4 through 10th – $105
January 11 through 17th – $37
January 18th through 24th – $70
January 25th through 31st – $137

Total income: $349

Number of items consigned: 55

Consignment Income $349 – Spending $254 = Month End Balance $95


This year I will be lowering my monthly spending goal to $70 per month with the exception of months where a half price sale is applicable as I take this as an opportunity to collect items for resale and therefore income! Sadly to start out the new year I painfully failed my goal, damn you half price days!

A Year of Thrift

thriftlovetrip3 Just to refresh ourselves on my goal: Every month I would track my additional income through consignment as well as my spending in thrift. I gave myself a budget of $80 per month to shop with.

Some months I notice I was able to stick to my goal easily, others when I had felt more work stress, I would not. At least my stress is dealt with in thrift rather than ice cream! I also allowed my budget to be more lax when it was a 50% off sale day at Value Village OR it was a seriously impressive item I am not likely to find again.
Continue Reading

January Challenge Reflection

Infinity ScarfWith my first month of my thrift challenge complete, I am already amazed at the results. I budget the rest of my life for essentials but it had not occurred to me that I should be budgeting my entire life including entertainment, not just bills. After mentioning the idea to a few friends and coworkers the general consensus was that I would be shocked when I started seeing the numbers. I try not to think about what I probably spent over the past year and instead focus on what I’ll be saving this year, and from now on.

I had no idea what to start my budget goal at, based on the Thrifty Threads Challenge, I knew $50 was probably too low for a weekly shopper. I set my goal at $80 with the expectation that I would gradually try to lower that amount. I was truly surprised that I just about met my goal save for $2. I was doing really well up until the last trip keeping my totals under $20 and its funny, now I feel like I splurged on the last one at $31. I know there were many occasions last year where I left with $50 worth of merchandise.

It was definitely an eye-opener seeing the amounts I was bringing in that wasn’t perfect. I now am very particular about what I decide to take home with me. I do not shrug when I see a stain or a seam open, I leave it behind. I am no longer willing to bend on damaged goods. I feel as though my closet has become more precious, the space in it only available to the items I really like. If it isn’t easily altered to fit I leave it behind.

I also developed a new outlook on my closet, frequent rotation is not a bad idea. I do tire of things very easily so consignment and donation are great ways I can keep a comfortable amount in my closet. People seem to think I just accumulate but in working in consignment, its pretty easy for me to recycle my unwanted clothing. Now there are plenty of times when my things are too worn, thus the issue a lot of the time with second hand clothing. But there are plenty of items I have bought because I felt attracted to them – only to realize that I liked them for someone, not necessarily me.

In tracking my sales of clothing at the store I was blown away to see the results at the end of the month. $239.25 in just clothing sales alone! I also have the benefit of selling my handcrafted earrings at the store which brought in another $128.25! For a grand total of $367.50! Talk about a great source of additional income or “cushion” as it were. In using only account money towards buying items from the store I am able to keep my paycheques strictly for my billing budget. Brilliant!