When I hear the word investment, I always think of what’s in the bank, what shares you’re buying and what your net worth is. I’ve never associated fashion and investments together. They just don’t seem to fit together. I used to think that fashion was all about how many clothes you can fit in your closet. I didn’t think of the quality of the clothing; just the quantity. I always find myself donating clothes after only 3 months. Why? Well, because the clothes I bought started looking like rags and were not suitable for wear any more. A woman on the subway heard me talking to a friend about my frustration of how my clothes don’t last and she started lectured on fashion investments.
She told me, “It’s better to spend a few more dollars and have less but good quality clothing than spending less and throwing our more.” I then realized that she’s right. I thought I was saving money by buying really cheap clothing, but then in reality, I spent more. As my style started to change, I saw myself buying more sophisticated pieces and keeping them longer.
In the investment world, there are the good investments and the bad ones. What are good fashion investments? Well, according to Leandra Medine’s mother, “Invest your money on shoes and handbags as you can improvise the others through meagre means.” Is this good advice on fashion investments? I agree with her. Clothing usually goes on sale but bags and shoes are rarely found on sales racks. I always put more money into buying a pair of shoes that I know will last longer and is comfortable to use on any given day. Handbags, or any bags in general, are also great fashion investments. A good bag can last you a long time. Proof of this is my mothers TOD’s handbag that she loves so much. She uses it everyday and it hasn’t given up on her.
Overall, it’s not bad to wear expensive clothing, like Chanel and YSL. At the same time, clothing wears down quicker than a bag or shoe. Buy a good pair of shoes or a bag for the full price and get clothing when they’re on sale. Also, when buying clothing make sure that they are not the current seasons trend. Seasonal clothing (clothes that are on trend during that season, but never goes through to the next year) always lack usability when the season changes. Buy classics and focus on fashion investments. Get clothing you know you can mix and match, and are also comfortable to wear.
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