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Thread: Money$$$ spent on hooby quilting - how do you account for it???

  1. #161
    Super Member butterflies5518's Avatar
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    No drinking, smoking or shopping, but I like quilting. I buy what I like within reason and am currently building a small stash. I am scaling back on purchases now since my sewing room is extremely small and space is at a premium. I do save all the receipts however I not sure I really want to know the actual amount spent.
    Quilting makes me happy!..

  2. #162
    Super Member weasier22's Avatar
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    I do not buy every month, but when I do purchase fabric, books, notions or tools, I try to only buy when on sale. And it has to be a good sale! To buy it at regular prices, it has to be for a really good reason, which I did last year for the 6 quilts I made for my cousins grandchildren. These special prints and themes and were not going to be on sale at all. It was from the LQS. So that is one time I spent more than I usually am willing. These kids are very dear to me and were going through a tough time in their lives. The cost didn't matter ... the end result did.

    I will check out the 40% off section in the LQS and usually do purchase some fabric. I did buy Christmas fabric there this past year, but it was 60% off! I purchased one of the fabrics for my sons quilt there but it was for every 5 yards cut, the next 5 yards was 50% off.

    I'll buy batting, tools, thread, rulers, etc from Jo Anns when there is a good sale along with a 20% off total purchase coupon. I stocked up on batting the second half of last year. Also thread, cutting tools, and different rulers.

    I have a good stock pile of fabric, both for clothing and quilting. I've been sewing for over 50 years and I've never limited my "on hand" stash. I'd rather purchase when I'm able vs trying to purchase down the road. My years of being in the work force is coming near the end and I am glad to be able to have what I have now to carry me through projects later on in life. As my husband says to me, "Get it while you can." Don't you just love him?! He's so supportive when it comes to my crafts. You should see the amount of yarn and crochet cotton I have stock piled! I plan on taking my knitting and sewing to the grave and continue on! It's been a life long passion with me...part of my sole.

    I know that I haven't budgeted these types of purchases into my monthly budget, but I do not over spend when you figure the amount spent for a year. If one buys smart when they can, it can help the monthly budget. I know times are difficult for all of us. I'm far from wealthy or rich. My husband has been disabled for many years and things have not been easy. But, we are not starving and we are able to give to others when possible. I am so happy to be able to make a quilt, table topper or mug rug for others. There will come a day when I can't purchase as I do today. It will be a sad day, but I will have my stock pile to work from and be able to continue to create.

    Well, I've rambled on long enough. I think you have a good idea to keep the receipts and keep a tally on what is spent. I'm going to do that for this year to see exactly what I do spend. I'm also going to keep a tally on what I save while spending. It will be interesting to see how the two amounts compare.

    I wish all of you a wonderful year in quilting!
    Live, Laugh, Love & Quilt!
    Weasie

  3. #163
    Super Member hikingquilter's Avatar
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    Maybe it could go under medical expense? As money otherwise spent in a therapist's office?

  4. #164
    Super Member JUNEC's Avatar
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    DUMB question, but you can't take a write off for hobby supplies.... can you???

    Otherwise, I really don't want to know what i spend

  5. #165
    Super Member
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    For those of us who are on a limited income, i.e., retired or otherwise. If we spent only what was required, bills and food- no clothing, no travel, no charity, no hobby, no entertainment, etc. we would have to be pretty creative to find a hobby with zero expenses; but assuming we have some money left over after we pay bills and food and gasoline and medicine - then don't we all put our other spending in a priority list? Some months one thing is higher, some months another and those of us lucky enough to be able to have money for hobby expenses surely don't over spend or look at the financial mess we would be in. Most of us take a big financial setback when we retire. Then if we are widowed we take another BIG setback. If we can afford to quilt, hurray for us! Let's help those who are having trouble affording it because we may be having trouble affording it soon enough.

  6. #166
    Super Member Grandma Cindy's Avatar
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    Quote Originally Posted by SueSew View Post
    Assuming you are not in a business, so you are not selling your work, how carefully do you account for your quilting costs?

    I am now about one delightful but expensive year into this addiction, and I have carefully saved every receipt in a little spot in the second drawer down at my sewing desk. Sometime this week I will be reviewing every one of those receipts: the fabric and thread, the tools and notions, the books, the patterns, and classes. I will not cost in the stuff I borrowed from my office - from binders and binder-clips to the extra 60" table I use for ironing, but the rest is all 'on the books'.

    I truly dread this.

    I know my costs are way over my other hobby, veggie gardening, where I've got about $150 in fertilizers, mulches, lime etc, $100 in seeds and plants, an occasional hoe or rake, a new set of wood boards for the raised beds every 3-4 years, way less water than my neighbors spend on their grass, and I get a 25x50 space packed with a year's worth of fresh and frozen delights. By contrast, I've gifted five baby quilts, one bed quilt, two lap quilts, made myself 4 placemats and have one UFO and some leftover fabric. I know that now I have the rulers and books and all that, it will be a less expensive hobby...but still...

    Do any of you have annual budgets for fabric, thread, tools/notions, books, patterns? Or do you just cap the total at so much a year?

    I am not asking for personal financial data, just an approach to controlling cost!

    Thanks!
    It is not "an approach to controlling cost" question you should be asking but "How" to deal with the wonderful addiction to...... the touch of LQS fabrics, seeing a new tool at work, seeing the pictures here on this board, knowing a new Turning Twenty book is out, the joy on the faces of those that receive our gifts, the warm snuggly feeling under our quilts, when a child request a special quilt we have made to keep warm under and the satisfaction of completion and accomplishment... To me there is no price to set, as adults we know how much money is in the bank and what bills need to be paid first, what goes to tithe and the rest- is mine to spend as I want since I earned it myself. Continue to enjoy the spirit of quilting and loving what you are doing.

  7. #167
    Super Member Twisted Quilter's Avatar
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    My budget is ... if it's on sale, it's fair game.
    If you choose the behavior, you accept the consequences...Dr. Phil

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