8 Tips on How to Spend Money Wisely on Fashion
You all know that I am holding many titles in my life. I am a wife, a teacher, a fashion blogger and most recently, a TV host. Since I started to host my segment I WANT HER CLOSET on TV20 Detroit and TV38, there are more and more people calling me #closetqueen. Lol! As long as it is not a drama queen, I am totally happy with it.
I have a pretty good closet/wardrobe and I have seen quite a few others. I’ve also actually been asked a few times to be someone’s personal shopper. I would love to do it but my life at this point is super busy and I just don’t have that time. And hopefully this post will help everybody who needs a few suggestions with how to build a nice wardrobe without dipping into their retirement savings.
Make sure to take notes for these 8 Tips on How to Spend Money Wisely on Fashion, because it is all my hard earned experience and has already been life proven. Remember what I’ve told you before, I work hard at fashion so you don’t have to! 😉 And don’t misunderstand what I am going to say. I want everybody to spend money wisely, but not just by cutting corners and saving every penny. I am also not planning to persuade you to break your bank account either. We need to just find the perfect balance in this tricky game.
A lot of people are high end fashion fans, and some are into mainstream. I am in the middle and love to mix high and low. So here are the rules I live by daily so I can have a better and better wardrobe with my teacher’s salary (Trust me, my salary is quite low compared with many people). If you are truly following these tips, after a few short years you will have a wardrobe that many women would dream of. 😉
1. Investing in timeless, classic and classy pieces
I have written a post called 10 THINGS EVERY FASHIONABLE WOMAN SHOULD HAVE BY 30, so read it to see if you are working on it. 😉
What are these cornerstone pieces that we should own?
First, a designer handbag that will never fail you.
My red LV bag does this job perfectly. I can wear it as a cross body when I am shopping or traveling, or take off the strap and use it as an evening clutch. I am sure you have seen me using this bag dozens of times. 😉 This is my first real designer bag and I decided to go with red since I love color pops, and the style keeps it simple but elegant to ensure the bag can go with everything.
If you only can afford just one thing, I will suggest the classy designer handbag. You will use it everyday. Not joking. Of course if you have more budget you can work on more pieces.
2. Sell what you don’t wear!
I have a weird problem. I don’t like my closet overfilled. So if I buy more things, some of the old ones have to go. I have taken my things to some local thrift stores but I also like to sell the more desirable ones on POSHMARK. My username is @colorandgrace and you can see I am selling a lot of leather bags (Some are COACH/MK) since I invested in my designer handbags, I don’t use many of the others anymore.
3. Shop high end thrift stores
Find a wealthy area and look for their upscale resale and consignment stores. I found my MIU MIU black bag with the original tag still on and also with an extra 50% off because it had been listed more than 3 months. So I only spent less than $400 for a nearly $1600 brand new bag. You never know what you will find in these places and the best bargains may not even make it to a shelf or rack so check back often.
4. Buy out of season/ on sale/ clearance/ Online flash sale
I almost never pay full price. I scored my green Gucci flats when Neimen Markus had their big sale last winter. I got them at a very budget friendly 70% off.
My Burberry scarf is from a HauteLook flash sale. I paid only about 20% of the retail price.
When I was in NYC, I stopped by Century 21 department store. I got this green LANVIN topp (original price is $915) and this MOSCHINO dress (original price is $1185) for just a little bit over $100 for each piece. Well I did almost freeze to death but for those kinds of savings a bit of danger is acceptable!
And this black lace top from ARMANI I only paid $79.90 at Nordstrom Rack a few weeks ago.
5. Don’t buy it just because it’s on sale.
I know it sounds confusing. I just said buy it when it is on sale, but now I say don’t buy it because it is on sale. 😉 My point is don’t buy anything just because it is cheap. You have to really love it. Remember, every penny counts when you are ready to buy a designer handbag. So skip those cheap deals and save up for a nice piece that you can use forever.
6. Stick to simple basics from luxury brands and buy mainstreams for trendy pieces.
You may not notice, but those basics with a great quality and cut, always make you look good. So spend more on basics from good manufacturers. You can always jazz them up with accessories, and the fabrics will hold up years longer than something made cheaply. You really do get what you pay for and those pieces are worth the money. But for a trendy piece, you can just opt to go with the cheaper brand. Now most of my low end, or some will call it fast fashion pieces are from sponsors. So I only spend money on the well made stuff. I do occasionally get high end stuff and I hope this will continue! 😉
7. Buy clothes that fit now.
This is another typical error women make. And not just women. My husband has a box of clothes in the basement that will NEVER fit him. But he holds onto it for when they do invent that pill that changes beer into a weight loss potion! If the size does not fit, it doesn’t matter how pretty, how great the price, let it go. If your size changes later than go shopping again. You may find even better bargains.
8. If You Don’t LOVE It, Don’t Buy It.
I always pause and take one last critical look before I head for the check out line. This is where I ask myself, what is the number of this piece? If it is a 10 out 10, yes, I will buy it. If it is just a mediocre 6 or even 7, then I will put it back. Just spending my hard earned money doesn’t make me happy, but spending it wisely, and on pieces that I can’t wait to accessorize does! It’s like a competition between me and my budget and I LOVE to win! 😉
You see? Spending money wisely is a kind of skill too. Now, good luck and happy shopping! 🙂
You can shop my outfit today below:
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