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How to Budget for Buying Shoes

Shoes are functional necessities that protect our feet but are also stylish accessories that can make or break an outfit. Whether you're addicted to shoe shopping or loathe the process, learn how to budget for buying shoes to purchase the shoes you need without breaking the bank.

Difficulty: Moderate
Instructions
  1. Step 1

    Decide on your shoe needs and wants to create a shoe budget. Look at the types of shoes you may need (athletic, business or casual) and think about special occasions in the coming year that require new shoes (weddings, special trips). If you have a family with children, expect to factor in 3 to 4 pairs of shoes to allow for foot growth throughout the year.

  2. Step 2

    Determine a realistic shoe budget. Consider how often you purchase shoes per month and how much money you typically spend per pair to establish a reasonable shoe budget. You can purchase expensive pairs of shoes a few times per year or buy less expensive shoes multiple times per year or a combination of these models.

  3. Step 3

    Factor in your taste in shoes to determine a budget for buying shoes. If you prefer couture, set a high budget for shoes. If you like the look of couture without the hefty price tag, shop for close knock-offs and look-a-likes that retail for a fraction of the price.

  4. Step 4

    Stretch your shoe budget to get more pairs of shoes or better quality shoes for your money. Shop off-season for extremely low prices on quality, name-brand shoes and take advantage of special promotions such as "Buy One, Get One" deals to stock up on favorite shoes in different colors or styles. Think ahead and purchase sale shoes for children in advance.

Tips & Warnings
  • Track your shoe purchases by month to see exactly how much money you spend on shoes throughout the year.
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