Save Money by Cleaning Your Closet
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Save Money by Cleaning Your Closet

Posted on Thursday, January 2nd, 2014 at 7:00 am
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Believe it or not, cleaning out your closet is the first step towards saving money on clothing.How long has it been since you’ve gone through the clothing in your closets? What about the clothing that is in drawers, or that is stored away? Cleaning your closets (and going through the rest of your clothing) could actually help you to save money. Here are some tips that will make the process a bit easier.

How to Save Money by Cleaning Your Closet

Get rid if clothes that don’t fit.
Many of us have clothing in our closets that simply doesn’t fit. Are you among the many who save “skinny clothes” in the hopes of being able to fit into them again “someday”? You would be better off donating the clothing that no longer fits to a thrift store. This will give you more room for clothing that fits you well. Ask if the thrift store, or charity, that you are considering donating to can give you a receipt. You may be able to get a tax rebate for your donation.

Put together outfits.
Locate the jacket that goes with those pants. Go through every shirt, sweater, blouse, and top and identify the pants or skirt that you can wear it with. You may find it helpful to take a photo of each outfit. Everything that is part of an outfit goes back into the closet.

What about the rest? Many of us have one or two items of clothing that we purchased because we fell in love with it…. but somehow, never have actually worn. Add those to the donate pile that you will take to a thrift store or charity. You won’t miss it.

What do you really need to buy?
Now, you are left with a pile of clothing that fits, that you have worn many times, and that you like. Unfortunately, they don’t go with anything else you own and you weren’t able to make them into an outfit. What can you do? Buy a few items of clothing that will go with them. Here is a quick list of clothing that goes with almost anything:

* Jeans
* Black dress pants
* Long skirts that are a solid color
* Sweaters that are black, white, or beige
* White t-shirts

If you already own some of the items on that list you can pair up the “mateless” clothing with them. Next time you go shopping, consider picking up one or more of the items on the list that you do not already own. You will get a lot of use out of them and they will make your wardrobe stretch into several more outfits. This will prevent you from having to spend a ton of money on clothing.

Where to buy inexpensive clothing
Thrift stores and rummage sales are a good places to find clothing that is inexpensive. You should also check out the clearance sales at department stores and boutiques. Are your friends and relatives cleaning out their closets right now too? Consider organizing a clothing swap!

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.