To save or to splurge — it’s an age-old question we ask ourselves every time we find ourselves eyeing that chic winter coat or statement handbag. And while there’s no right or wrong when it comes to fashion, one trick I swear by is doing a trusty calculation of cost per wear.
cost per wear = total cost of the item/# times you’ll wear it
The formula makes it sound a little complicated, but the idea is quite simple. If that leather jacket on your wishlist is $800 but you’ll wear it every few days for the next three years, the cost per wear breaks down to just $2.20. That’s less than a ride on the New York subway, so you should go for it. That uber-trendy jumpsuit you saw in a department store that costs $250 that you’ll wear maybe 3 times? The cost per wear breaks down to $83, so it might not be worth the splurge.
For me personally, classic designer handbags, quality shoes and winter coats are almost always worth the splurge because I wear them so often, the cost per wear is minimal. When it comes to party dresses or anything that’s trendy and might not stay current for long, I look to more affordable online boutiques to look for some fun pieces. This fun organza bow top is something I found on Chicwish and it was less than $45 and was such a find. It’s a beautiful piece I plan on keeping for a while, but it if ever goes out of style, I’ll feel great knowing my cost per wear was just where I like it.
Skirt: H&M (similar here)
Heels: Steve Madden
Photography by Lydia Hudgens