This has been a time hasn’t it? Corona has caused a great deal of suffering and also impacted many of us financially. I know I’m not the only one who was laid off as a result of it, so I hope if you’re reading this it lets you know you’re not alone.
Due to having a limited income (but still having bills to pay) I’ve entered a low buy out of necessity. I’ve tried no buys before, but always failed while obsessing over items I would buy again once it ended. In a low buy, I do still have some funds for fun items, but those items aren’t necessarily apparel. For example, I bought some oil painting supplies because I have more time and painting has always been very therapeutic for me.
Overall I’ve done pretty well with curbing impulse buys. Exceptions to this were the STATE & Dazey LA summer releases back in May (but I was able to use Afterpay for both.) And some jeans that were on sale. Otherwise, everything else clothing-wise has been on my wishlist.
I have bought more hair/skin care though. Some regular products, but others to use with my now silver hair. I’ve thankfully not been a product hoarder for years, but I do like to have backups of my favorites to ensure ease of styling.
Here are some priorities I focus on during a low buy:
My number one goal is to increase savings. I’ve been in very low places before when I didn’t have adequate savings built up and something unexpected happened. I don’t want to be in predicaments like that again if I can help it by saving now.
This covers gear, marketing materials, prints, etc. Freelance work is another source of income, albeit inconsistent. Reallocating funds to grow my business is something that will help me in the future.
Honestly, I have so much. I am thankful I have the privilege to pay more and support small brands, especially fellow BIPOC ones. Taking a look at my overabundant wardrobe helps me really decide if I should be purchasing another clothing item, or if I can put it on my wishlist and use those funds for more important matters.
Until next time, stay Sheek!