12 Jan How Not to Waste Money By Thrift Shopping Excessively
My name is Patrice and I’m a thriftaholic. Well, that statement used to be true. But I’ve been delivert!!!
I know plenty of thrift shoppers who are proud thriftaholics. While it can be a savvy shopper badge of honor to say, “it only cost me $2,” the truth is you may actually be wasting money with excessive thrift shopping.
Let’s start with a general definition of a thriftaholic: you’re on a first name basis with thrift store employees, you thrift shop three or more times a week and/or you’ve repeatedly been late to work or social engagements because you lost track of time while thrifting
You know I’m all for a deal {that’s what my entire fashionable career is devoted to!}, but as I stated in my Thrifty Threads 365 recap, I realized how important it is to be super selective with purchases. The reason I was able to just spend $233 a year on clothing is because I didn’t buy every cute and/or cheap garment I came across.
The bottom line is the $2 shirts or $5 dresses start to rack up and before you know it, you’ve spent $50+ on a single trip to the thrift shop. Also, since the inventory at thrift stores is ever changing, it’s not unheard of for many thrifters to hit the stores multiple times a week. And that’s where you really start to spend excessively.
Anyone can argue that it’s still a fashion steal because you’re not paying anywhere near the full retail value. For some people that’s justification enough. But I think it’s still a quick way to overspend and even become a fashion hoarder. Most people only wear 20 percent of their wardrobe, so those clothes will most likely go unworn.
So how do you combat excessive thrift shopping?
Have a Thrift Wish List
I’ve blogged about this before and talk about it extensively in my book, but I can stress how important a thrift wish list is. It’s exactly what it sounds like: items you want to find at the thrift shop. It can be a simple memo note stored in your phone or an actual written list. Since thrift shops have unpredictable inventory, the list shouldn’t be super specific and high on details, but a general outline. A few items on my thrift wish list include a lace dress, lug sole boots, statement black blazer and white jeans. It’s another means of helping you shop with a purpose so you don’t wander the store aimlessly or spend unnecessarily. So even if you didn’t plan a thrift trip {hey, impromptu shopping happens!}, having a thrift wish list on hand will keep you in check.
Shop with a Purpose
Why are you shopping? This is pretty simple, but are you actually looking for an outfit for a special occasion? Do you need a winter coat because your current one isn’t warm enough? Have you lost weight and need new pants? When you’re shopping “just because,” it’s the equivalent of going grocery shopping while you’re hungry. You’ll start buying all types of stuff you would have normally overlooked. Shop when you need to and when you’re in the right frame of mind {i.e. no retail therapy}.
Donate Seasonally
It’s easy to forget what you have in your closet when it’s so jam packed. If you haven’t worn a garment all season, let it go and donate to your favorite thrift store! A lighter closet will leave you with the pieces you really love, actually wear and you’ll start looking at your clothes as something more than just random fabric on hangers. Also, donating clothes gives you good thrift karma.
I promise you’ll be more selective about what you buy because you’re more interested in quality, not quantity.
These are just some tips I’ve used over the years to curb my expensive thrift habit. Of course I still have occasions where I spent a few dollars more than expected, but overall I can say those moments are rare.
Are you a thriftaholic? Do you use any of the tips above to shop selectively? What’s your typical thrift shopping budget?
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Wendy of JustJewels4u
Posted at 20:56h, 12 JanuaryAwesome article! I enjoy and totally agree with this post.
Looking Fly on a Dime
Posted at 16:09h, 14 JanuaryThanks 🙂
Carla
Posted at 19:46h, 13 JanuaryI’ve been down the road of buying items because their so cheap. I have to take a step back and realize that I was not saving if I spent the same about at the thirst store for more items. I have now learned to dress using a capsule wardrobe. I make a list of things I need to replace each season. I always purge and donate to make room for a few new select items. This was a great read.
Looking Fly on a Dime
Posted at 16:08h, 14 JanuaryA capsule collection is really such a great idea. It’s all about keeping what you need and donating the rest!
Young
Posted at 14:39h, 14 JanuaryI totally agree with this post! I go thrift shopping once every 2 weeks. And I make sure to have a $20-30 budget. I think there was only once I went over that budget. I’ve even started a thrift wish list after reading your book 🙂
Looking Fly on a Dime
Posted at 16:09h, 14 JanuaryAwesome, I’m so glad the book helped you create a thrift wish list. It was is a simple way to make sure you’re not overspending. And kudos at rarely going over budget!!!!
lkofie
Posted at 01:27h, 18 DecemberI honestly do NOT use any of the pointers on the list as a seasoned thrift shopper. I frankly shop thrift because my style dictates that I do so (I like vintage and dated, classic and one of a kind pieces). I have been the person that would thrift at the stores during all the 50% off holiday sales. I would say that about 90% of my clothing has been thrifted. I have since slowed down significantly though. I think what helped is using a spare room as a closet of which I can display most of my clothing and shop my closet. I have five racks FULL of clothing of every thing I could need with containers full of clothes under the garment racks. The actual closet in the room is filled with vintage and dated evening wear. I have other closets in my home as well that house more clothes and one specifically for coats and jackets. So with that said, I technically have no real reason to shop/thrift further seeing and knowing full well what’s available to me. I also make it a point to wear practically EVERYTHING by purposely scanning what HASN’T been worn yet, and then I make an outfit. Now again, I DO STILL THRIFT but not as frequently as before. I went for over a year NOT thrift shopping. Now, as of yesterday, I thrifted :-)…At times I DO get bored with my selections after I feel like I’ve worn everything and need something new and drop off items at the dry cleaners. Anyhow, I know how much the clothing would be had it been the mall during the time it was in the store so it is refreshing. But one thing is for certain, I NEVER bought an item simply because it was cheap. I walked out of thrift stores empty handed before. I also generally shop with a budget (which may be higher than some people) and stay within that budget…but again it’s a lot.