Balancing the Book Budget

Posted March 31st, 2013 by in *Feature/Meme / 8 comments

Felicia @ Geeky Bloggers Book Blog does a monthly breakdown of her book budget. In the past week, I’ve realized that I throw away an enormous amount of money that could be going to so many better things. That’s to say that I don’t believe books aren’t worth the money! Not at all. I’m still reading as much as ever. In the past year or so I have been known to purchase a Kindle edition when the physical copy is sitting on my shelf. I wanted the convenience of being able to read it on my phone or on my Kindle. A lot of times I’d pay $10 to get a book that I already have. You guys, on top of all of that, I have SO many books that need to be read. I DON’T need any more books but I’ve come to the realization that I will still buy books. It’s what I do. It’s my hobby and my passion. I’ve decided to just add some structure to what I do spend.

In order to help with this process I’ve eliminated my extra Amazon wishlists. The only wishlist I have now is my RAK & Exchange wishlist. This should help with temptation. The only books that make it on this list are the books that I can’t get through my library or Paperbackswap. I’ve created a spreadsheet with library books and if my library has them or if I need to get them elsewhere.

I also have to say that I have an awesome library system. Seriously they have almost every book that I want available and if my library doesn’t have it, they can get it. There’s really not a reason to not tap that potential! Not only is this going to hold me financially accountable (it will help me realize the money I am saving too!) but it should help me knock down my TBR a few books each month.

MY RULES:
I can purchase 2 books a month (Either Kindle or Paperback)

I can download free books but must track them.

I can borrow up to three library books in one month.

I can use 1 Paperbackswap credit per month. (The exception being wishlist items because those come up when they come up.)

I can receive books as gifts or win them but must track them. (This includes giveaway books from blogs, contests and RAKs)

I can request/receive no more than 1 (paper or kindle) book per month for review.

I can participate in RAK with a budget of $20.00

I will keep track of total dollars spent on all book related activities: blog giveaways, RAKs, gifts and of course my own personal purchases

Check back at the end of April to see how I did!!

Stephanie

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8 Responses to “Balancing the Book Budget”

  1. Felicia the Geeky Blogger

    It is a great way to visually keep yourself in check. I make my list as I go a long so I can see when I am heading towards trouble. Which as this month shows—doesn’t always stop me LOL

    • Stephanie

      I plan on coming in once a week and updating my monthly check in post. It’s similar to what I would do for a book haul but I’m just saving it all up for one post. 🙂 Thanks for letting me use this! I can’t wait to see how I do…..then again maybe I can!

    • Stephanie

      I’m hoping to make that the case! Last year I really wanted to make a dent in my TBR pile and nothing could stop me from buying more books. I’m to the point now where my books make me anxious and it should never be that way.

  2. Melinda

    I feel I need to do this. I have lost control of my book spending and I have been accepting books for review, that I just don’t get too. It’s so bad… Goodluck with your list of rules 🙂

    Melinda recently posted: In the Woods by Tana French

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