Welcome to the Quilting Board!
Well, inspired by this topic, I created a Stash-buster challenge. See the link in my sig file. I hope you'll join me.
I tried the moratorium thing one year. I didn't buy any fabrics except what I absolutely had to have to finish a project. But at the end of that year I spent a good $400 on the year end sales. So now I just buy 2 or 3 yards of something I absolutely love every two or three months and I end up spending a lot less over the year.
My New Year's resolution was not to buy any fabric unless I had a specific project in mind . . . so I ended up buying several kits. I like your idea of a total moratorium.
OOPs Guess who went to Joannes today?? But I only bought fabric for a backpack my daughter wanted (at least the fabric purchase) Of course I had to get batting at 50% off and the 25% off full purchase that is...and well the little rotating cutting mat for cutting my hexagons just jumped into my cart on it's own...I can't really count the thread either since I really needed it!! But I still got out of there under $100!! 62.50 to be exact!
I did real good for a few months, I only bought fabric if I had a specific quilt to make. But this last weekend I fell off the wagon and rolled down the hill!! JoAnn's had a coupon for 25% off entire order - I saved $166.00 (no patterns or tools)! I spent $126. Then I went to Hobby Lobby, they had a great sale, then I went to Walmart & saw some remnants at a good price. Now that I've had my fix, I should be able to behave myself and sew down my stash again.
I "try" not buy any "new" fabric but if some fabric at a yard sale jumps into my hand, I have to give it a good home. It's only right, you shouldn't leave an orphaned fabric. LOL
I too have been on a fabric diet lately! I have a huge stash and too many projects backed up.
Like a lot of you I am concerned at the projected rise in fabric prices. If cottons go up much more, then I think the quilting industry could crash. I do not see younger quilters coming along in numbers anywhere near large enough to replace the aging demographic in quilting. Machines and tools are more expensive than ever....I think if fabric prices rise we could see this hobby pass out of the reach of most women, particularly those who are still raising families.
I wonder what quilt store owners are thinking these days! They must have some kind of plan for the future.