Staysfit, I don't keep track of the reasons for purging/consigning, but since my closet is not too large, I know offhand what the reason was for getting rid of each item. But adding a column for that is a good idea going forward, so thank you! I've only been wardrobe building for a year, so everything is manageable, but the day may come when I can't remember things as easily.
My original intent when doing the purge/consign spreadsheet was to see how much money I was making from consignment sales vs. how much I spent on the items. However, I never got around to adding in my consignment checks to the spreadsheet. I probably won't want to know anyway, as the money from consignment is surely pretty negligible. But it's certainly better than nothing, right?
Good for you for finding original costs! I think it's really fun to track CPW. I actually started a thread for that not too long ago: http://youlookfab.com/welookfa.....target-cpw. I haven't decided what my target CPW is yet. I'm thinking maybe $2 a wear. One dollar would be ideal. But I grew up always having a very minimal closet and wearing things into the ground, so I'm sure that affects things. I will hope to get to a CPW that low, but I'm not going to make myself miserable or force myself to wear things that I don't want just for the sake of reaching the goal. Shoes in particular take a long time to whittle down.
As the linked thread points out, CPW shows you only so much. But what I'm discovering as I track it is the following:
-Yes, it is worth it to me emotionally to buy something expensive if it's *exactly* what I want, but it really takes a LOT of wears to bring an expensive item down to my target CPW, especially because I live in a four-season climate. I have a pair of Citizens of Humanity coated skinnies that cost me $150 (on sale, actually!), and the CPW is still quite high despite the fact that I wore them a lot. But if I figure that I need to wear these puppies 75-150 times to get to my target CPW, it makes sense that the CPW is still high, since I've had them only a year. But this made me realize that for me, premium denim may not be worth it.
-CPW helps me pinpoint items that I love but aren't getting enough wear. Sometimes this is because the item got shoved to the side in my closet and I forgot it was there, so this brings it back to mind. Or sometimes I realize that I'm not wearing a top because only one bottom goes with it, and I need to look for more bottoms. So I guess you could say the CPW in this case helps me pinpoint wardrobe weaknesses.
-CPW helps me pinpoint items that should be purged or consigned because I'm not wearing them due to the fit not being right, the color being wrong, etc.
Sorry for the long post! Hope this is helpful to you. Welcome to the wardrobe cataloguing club!