Shopping for clothing at thrift stores can help you to save money on clothing. This will provide you with more free cash that you can use to eliminate credit card debt and loans that may be placing a stranglehold on your finances.
While adults can usually cut the amount of money they spend on clothing by deciding not to spend any money on clothes until their debt is paid off, there are ways to refresh your wardrobe without spending too much.
My *10 Commandments* For Thrifting!
Thrift stores usually have high quality clothing for less than a tenth of the price in regular retail stores. You can find top brands there, so if you like brand clothing you can indulge yourself without feeling stressed. You will find outerwear for men and women, shoes and accessories.
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If you dont care about brands but have a particular preference for colors and patterns, you will also be able to find items at thrift stores that fit the budget you create for clothes. It is important to remember that you must still stick to your budget when you shop at a thrift store. Sometimes the deals are so good that you can be tempted to overspend. After, you may tell yourself, youre getting a bargain.
Haul or Nothing: Thrift Store Shopping
However if you buy nine or ten items you dont need, that is money that you didnt have to spend. That money could go towards paying off your credit cards. Find the items that you like the most and really need and only buy those. If you dont find what you want, leave and go to another thrift store.
Thrift stores are not the only places where you can get bargains. Sometimes people have clothes that they want to sell and they advertise them online and offline in the classifieds. When you shop you should try to avoid styles that only last a short while and look for timeless pieces that you can wear for years to come.
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Natalie Pace has written a book that contains good information on managing your finances. Its called The ABCs of Money. It has a chapter that is dedicated to a plan for eliminating credit card debt.