The best example of an investment piece are my YSL tribute pumps that you have all seen me wear with everything. I’m sure some of you are already tired of seeing me wear them :). I paid full price for the shoes at Bergdorf Goodman and had no regrets. The shoes are worth every penny. I have worn the shoes so much that I have already gotten my money’s worth out of the purchase. The shoes are classic with a big platform, patent leather upper and a super sexy heel. They elongate my legs, they give me the height I need and they make all my outfits look better. What makes this item a great investment is that the shoes compliment my wardrobe perfectly and add just the right kick to the clothing I already own.
Many people have emailed me asking how I can afford the expensive items I own. Well, first of all, not all the things in my closet are expensive. My wardrobe is a mixture of high-end designer, vintage, and low-end basics that have I collected from all over the place. Low-end basics can be found at almost any retailer and with the current economic conditions, retailers tend to slash prices on basics. Whether you find them at Forever21, H&M or even TopShop, low-end basics are a good way to bolster a wardrobe and to quietly compliment more complex high-end looks.
Secondly, I save my money by resisting the temptation to buy things because they’re on sale. I save my money and spend it on well made value pieces that I can wear forever. I believe that investment clothing is worth spending money on but it has to meet certain criteria in order to be practical enough. Not only should the piece be able to transition between seasons but you should also be able to wear it year after year. I often buy investment pieces from large fashion houses but the items I choose must allow my own style to shine through. They should add something essential to my closet.
I try to buy smart and when I buy something new, I have two methods of making sure I am making the right decision. Besides using the Cost-per-wear method, I also have my own checklist to make sure the items I’m about to buy meet my long term expectations. You’re the one that controls your money and always needs to make a smart decision on what to buy, when to buy and where to buy what. Wear what you want to wear and not what other people want you to wear: avoid trendy things you don’t need and invest in timeless pieces.