How To Invest In Classic Pieces
I have been buying my own clothes, as long as I can remember (like since 14 years old). I loved getting that paycheck every Friday and couldn’t wait to go shopping. Making as little as $6/hour, I was proud of my financial independence. With the little that I had, full price was always a concern. So I often buy clothes off the sale rack. When you’re young, you find a way to maximize your dollar. I bought many clothes along the way, but I didn’t know how to shop. I just bought countless unpractical things on sale. (Although I wish I kept those penny loafers from Bass & Co.)
Now that I’ve been working for a much longer length of time and as a fashion designer, I have learned how to buy “smarter” and invest my hard earn money into pieces that have longevity. When I shop these days, I have a little checklist and ask myself the following:
- Can I restyle it into multiple outfits?
- Is it made in good quality?
- How often will I wear this?
It certainly helps me make an educated and financial decision, especially on the pricier ticketed items. Next time you’re contemplating on a gorgeous designer lambskin tote or “iffy” on that perfect fitted wool blazer, go through the same questions or use below simple equation to help you justify the spending.
Retail Price / How many times you will wear it per year = The average cost of wearing each time
An example: $500 / 50 times = $10 each time you wear it.
Note: The more often you wear it, the more it’ll drive down the average cost. Doesn’t that make your wallet happier?
In my outfit, I’ve worn these items a few times in different blog posts. I like the versatility of these pieces that I can restyle together or separately. The stripe chiffon top I’ve worn with a pair of floral printed pajama pant in another post, while here I wore it with a pair of Levi denim jeans. I bought the jeans from Value Village when I wrote about being re-purposeful. The tall ankle boots I’ve worn with these cropped jeans were the perfect pairing to keep my ankles warm. And yes I’ve worn these boots on this post. Lastly the completer piece is this gorgeous ivory coat, I’ve also restyled from another outfit I wrote about. The handbag is my go to everyday bag that I love. It fits all my essentials and is the most versatile bag I own, by changing in different lengths from shoulder, cross-body to clutch.
Details: Samsoe & Samsoe Stripe Chiffon Top [similar], Levi Cropped Jeans [similar], Nordstrom Signature Ivory Coat [similar], Hunter Green Celine Boots [similar], Celine Blade Shoulder Handbag [similar], Statement Pearl Ring [similar]
What pieces do you like to invest in? Tell me all about it on below comments.