In an age of ‘fast fashion’ and online shopping we, as a nation, are constantly buying new clothes. The Great British Wardrobe Report (2017) found that Brits spend £1042 per year on their wardrobes; women spending an average of £74 a month and men spending £100 in a month.
However, for those with a love for designer clothing, just one luxury piece is enough to break the bank for a month - or a year. If you’re looking to purchase quality clothing that doesn’t cost your life savings, the team at PIWoP have put together their moving saving ideas when buying designer clothing:
1. Create a Budget
The most important thing when trying to save on your wardrobe is to budget. Figuring out what’s important to you when it comes to clothing and how much you would expect to pay will help make that budget sustainable.
Think about your life and spending money on clothes on a per-season basis - rather than by week or month. Double your budget amount and divide by 12 to get your average monthly spend. Then, open a separate shopping account with your bank and transfer your monthly budget directly into there.
2. Sleep on it
When trying to reduce the amount you spend on clothes, try the “sleep on it” method. For example, if you’re shopping and see a dress you want to buy but aren’t sure whether you really need, put it on hold and go home. If you still want it the next morning, buy it if your budget allows.
3. Shop the sales
For statement pieces that never go out of fashion, try purchasing during the seasonal sales. If you see a pair of blue denim jeans or nude high heels that are just a little out of your budget, wait until they are put into the sales.
With PiWoP’s price tracking tool, you can set up lists that include items you’ve got your eye on, even on non-UK websites, set the price you’re willing to pay for each and if the selected product goes down to this price point or lower, you will be notified!
For more money saving tips on everything from holidays to toiletries, take a look at our blog.