OK, those of you who follow me on twitter or who read my January net worth update have heard that at some point in there I spent a “godawful amount of money on boots.” However, accounting for that was mysteriously missing from the January update! I promised that I’d explain myself “sometime next month” and wouldn’t you know it, next month is practically over (one thing you can say for February is that it moves fast, especially when you spend a quarter of it traveling.) I figured I’d better get down to it if I wanted to beat my deadline.
Check out my net worth graph. January looks awfully fishy for a month in which I reported no debt and a net worth gain of $1500, doesn’t it?
So, here’s what happened. I reported back in December, when I became debt-free, that I was reacting to being debt-free mostly by wanting to buy things 🙂 Specifically, I had some tall black boots in mind. I was feeling like I should probably push back against that…but then I remembered that I had a birthday coming up. And then I realized I was getting a nice tax refund. And rewarding myself for reaching the end of my debt payoff didn’t seem so bad. And the kind of boot I had in mind seemed like it would be pretty darn great to have.
I decided, then, that I would get boots for my birthday/debt-free combo. My parents gave me a contribution towards them, as my present, and I also took $200 of my tax refund, and the combination of all that money bought the boots, some wax/cream to help care for them, and a six-pack of socks. I don’t really want to reveal exactly how much I paid since that would tell you how much my parents sent me and for some reason that just seems weird, even though I am totally open about income I make myself; however, let’s just say I didn’t pay full price, but I also didn’t find some crazy half-off sale.
I ordered four pairs of boots off the internet and they got to my house the day after my birthday. In the end it was really no contest; I’d ordered one much cheaper pair of Borns that were sort of ok, but not nearly as nice as the ones I ended up keeping, and three different styles of Frye boots, one of which didn’t fit (tight in the calf and loose in the ankle), and one of which fit beautifully but had a big chunky zipper that I thought took the boot too far towards the “casual” side of the casual/dressy sweet spot I was aiming for, where I could wear them both for work and for tooling around town. Also, those were $100 more than the ones I ended up keeping, so that was nice 🙂
I really like them. They fit quite well, they’re comfortable to walk in, and even though there’s no zipper (which I thought was going to be mandatory for a better fit at the ankle and for ease of getting on and off) they come off pretty easily and don’t make my ankle feel like it’s rolling around in nothing. And they are beautiful.
Anyway, it took a while for all of that to get processed through the financial system. At the end of January, there was still like $1000 of boots hanging out on my credit card waiting for the return to be logged in, which is why my net worth chart looks so messy. Also I was waiting for my tax refund to come in so I could pay off my portion of the purchase (I’d deposited my parents’ check and paid that part down already.)
So, there is the story of my boots! They are not going to appear on my February balance sheet either (since everything was managed through windfall money and not out of a budget category) so this will be it for them in terms of appearances on the blog. In real life, I expect them to make many, many, many appearances.