It’s a new year, and many of us have set goals to get our coins in order. Those conversations often go down familiar paths. We talk about spending less and saving more. We open new bank accounts. We make plans to pay down our debts or save up for a house. Beauty doesn’t get included in the conversation. That’s a shame because the amount of money that we spend on our hair, skin, and nails is not insignificant. The cost of products, mani-pedis, and trips to the hair salon can all add up. Let’s be proactive this year. We’ve already set our beauty resolutions (link to resolutions post.) Now it’s time to spend our money in a way that aligns with our goals. These tips will help you build a beauty budget that keeps you looking good and feeling good about the money left in your bank account.
Add it up
The first step to building your beauty budget is to look at what you’ve spent in the past. Tally up the cost of your hair appointments, your spa visits, and your go-to products. Then go through your vanity, your makeup bag, and your bathroom cabinets to see if you forgot anything. The total amount will likely surprise you. That’s normal. It’s rare to add up all of your beauty purchases, but seeing that number is a key component in crafting a beauty budget that meets your needs.
Revisit your goals
Keep your list of total purchases in one hand and pick up your beauty resolutions in the other. Is it easy to make a connection between the money you spent and the results you want to achieve? You might be splurging on an expensive manicure that is actually undermining the health of your nails. You might think that you’re spending your money wisely by seeing a low budget hair stylist, but the damage to your hair could actually be costing you more than you’re saving. Cut out any purchases that don’t align with your goals. You’ll be able to use that extra money to your advantage later.
Define a budget
You know what you’ve spent in the past, and you know what your beauty goals are for the future. It’s time to define your beauty budget. State a number for the year, and break down what will look like on a monthly basis. Be realistic about where your beauty budget fits in with your other financial goals. You’ll never look and feel your best if you are stressed about money.
Maximize your purchases
You want to get the most out of your beauty budget. These three guidelines will help you do just that. First, you want to figure out what works for you. There’s no point in spending months looking for a cheaper alternative and risking the health of your hair, skin, and nails in the process. Continue to invest in the products that are already part of your routine. Second, figure out what you can DIY. Can you give yourself a top notch pedicure? Do you make a bomb body butter? Do that, and spend the extra money on something you can’t do yourself. Finally, buy products that will help you tackle multiple beauty goals at once. Our Whole Food Vitamin contributes to hair growth, promotes clear skin, and strengthen nails. If you shop strategically, one product can bring you closer towards many of your goals.
Have you made a beauty budget before? Share your tips and tricks in the comments below.
Authored by Taylor Bryant