I have signed up with a group on facebook to attempt to Stitch from Stash in the first 6 months of the year. You can sign up for 6 months and then sign up again for the last 6 months of the year when the time comes. The purpose is to set a budget of under $30 a month to spend towards new stash and use the stash that you already have to stitch on. There are several rules for the group if you want to be entered in a giveaway at the end of the challenge. I have decided not to participate in the giveaway as I am only doing parts of the challenge in hopes of curbing my spending some and getting some of my stash completed.
I have decided on a budget of $25 a month for stash and to work diligently on finishing wips and ufos that I have at the moment. It is my hope that I will only need to buy thread in colors I run out of on the projects I am working on that are already started/in my stash. In the rules, any stash that you buy to gift to someone will count towards your budget. However, I am not going to use that rule for my monthly budget. I do a gift exchange with a stitch friend a few times a year and I just don't think that should count in my stash budget since it isn't stash for me that I will be using.
I would love to hear if you participate in any groups like this and how well you do at keeping on budget for buying stash.