Thoughts on Capsule Wardrobing

My husband and I have been talking a lot about what we want our life to look like in five years, and our common theme is simplicity. We want our life to be about the people, the places, the adventures. We still want a small house to call home with nice, but simple things, and only the necessities. Since we aren't moving any time soon, we have started to minimize what we currently have. Whether that means hosting a garage sale to rid our living room of unnecessary side tables or packing up E's baby clothes for consignment, we have been on quite the minimizing streak. 

One place that I knew I wanted to overhaul was my closet. It's no secret that I love the idea of a minimalist wardrobe since this series is one that I read repeatedly, but I was a little torn between minimalism and my love of style. Enter Caroline and the idea of the capsule wardrobing.

http://www.un-fancy.com/wp-content/uploads/2015/03/winteroutfits.jpg

For me that means:
+ 40 pieces of clothing, including shoes and my work wardrobe, not including accessories like scarves and hats
+ No shopping until the end of September (I started in August)
+ Purchasing only a few, curated pieces for my winter wardrobe (you can see my inspiration board here, and I'll post my list soon!) ONLY using a set budget
+ Learning to simply use what I have, be creative with what I have, and spend less time, energy and money worrying about clothing all while feeling comfortable and confident in my own skin.

My personal style needs a little love, but I don't want to just buy things at whim. I want a wardrobe that is functional for my lifestyle, comfortable and still stylish and reflective of my personality. So here's to the experiment and the learning experience.

What are your thoughts on capsule wardrobes?