December 16, 2009

Closet Shopping Challenge


    I have been reading the blog, The Girl Who by Monica for a while now.  When she posted about her Little Black Dress Challenge, I became intrigued.  She will be wearing one dress, an LBD (little black dress), everyday for 6 months.  In the process she will be raising money to get herself out of debt and donate the other half to a local (to her) animal shelter.  If I had the ability, I would sponsor her on this great endeavor.  There is nothing harder than getting yourself out of debt and if you need to challenge yourself in order to do it, I'm all for it.  Plus, helpless animals will get to benefit too.    
    So, how does this affect THIS blog?  Well, I will be graduating law school in May with about $150,000 worth of debt.  Yes, that's a HUGE amount, but I see it as an investment.  It is an investment for my future and I will happily pay for it.  In addition, I'm theoretically planning a wedding.  The problem with that, however, is the serious lack of funding.  Weddings are expensive endeavors.  Inspired by Monica, I will be doing my own money saving challenge, but rather than wearing the same little black dress for 6 months, I will shop my closet for all of next semester.  That means no buying clothes for myself.  In order to make this livable, I will have an exception for interview/job search related expenses as well as major special occasion related expenses.  I'm not 100% of any other conditions since I came up with this idea yesterday.  For example, I don't know if I'll include accessories on the list of no shopping at this point.  I also don't know if I'll have sponsors or what I'll do if I don't make it the whole semester or if I should incorporate a charity.  But whatever I decide to include or not include, the point is that I want to save money, avoid accumulating more debt, be environmentally conscious and be creative.
Anybody have any thoughts or suggestions or ideas on how to make this work?  Anybody want to join in or sponsor me on this craziness?   
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