Stitch from Stash

I've decided I really need to cut back on my stitchy spending given how many projects I have fully kitted. With that in mind, I've decided to restart my Stitch from Stash challenge. I started it originally in January 2020, but failed miserably. I went in the hole following the Nashville market then bought stash like a crazy woman once the pandemic hit. I'm hoping things will go differently this time. I started this challenge on 1 June 2021.

Stitch from Stash Balance Sheet:

Starting Balance - 1 Nov 2021 $ 15.46
Monthly Allowance - Nov $ 25.00
Finish Credits $   0.00
Purchases $   9.27-
Current Balance $ 31.19

Finish Credits Earned This Month:

Purchases This Month

The Rules:

Here are my rules for this challenge:
  • Stash purchases include: patterns, pattern books, kits, fabric, threads, and embellishments.
  • Money/Gifts received (holiday or birthday money, gift cards, destash earnings, work bonuses, tax refunds, etc.) may be added to the budget.
  • Gifts or supplies purchased to make gifts for others don't count.
  • Finishing supplies don't count.
  • Tools such as needles, scissors, hoops, Q-snaps, project bags, scroll frames, stands, and stand accessories don't count against the budget.
  • Monthly subscriptions (fabric of the month club, magazines, etc.) don't count against the budget, but you must be subscribed before the challenge starts. - My exceptions under this rule will be my BeStitchMe Fabric of the Month, Just Cross Stitch subscription, and Punch Needle and Primitive Stitcher magazine.
  • Shipping costs don't count against the budget.

Finish Credits:

I will calculate the finish credit by averaging the stitch count. This will be accomplished by adding the stitch count width and height together then dividing by two and rounding up the nearest whole number. For example, if the stitch count is 70w x 95h, the average stitch count would be (70 + 95)/2 = 82.5 or 83. The average stitch count number will then be applied to this finishing credit guide.

Stitch Count Credit
Up to 59 $5
60-79 $8
80-99 $10
100-119 $14
120-139 $17
140-159 $20
160-179 $23
180-199 $25

For projects 200 and over, the finishing credit formula is ((width * height)/40000) * $25.
For example, a project that is 230x315 the finishing credit would be $45.28.
((230 * 315)/40000) * 25

Bonus: Add a 10% bonus for each extra included in a project. For example, specialty fibers, hand dyed fabric, specialty stitches, beads, embellishments, over one stitching, etc.

Full Coverage Projects:

Page Base - 100 x 80 stitches - $15 

Smaller/larger full coverage pages are calculated proportionally. 
(Actual Stitch Count/8000 Stitch Page Base) * $15 Finish Credit
For example: 60 x 80 stitches = 4800 actual stitches 
(4800/8000) * 15 = $9.00 credit

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