Summer is coming to a close and though it’s making a moisture-rich departure in my neck of the woods, I can already feel the cool winds of autumn permeate the otherwise warm days. Fall is my favorite season thanks to the changing colors, mild temperatures and preponderance of cozy outfit ensembles.
That last point gets me in trouble, however, as the minute retailers start advertising the latest fall fashion trends, the desire to scratch the “spend money itch” takes on a chicken pox-like urgency. I know the beginning of the season is the worst time to spend money on clothing and yet, I can’t help but be tempted.
Since I find myself in this quandary on an annual basis, I’ve developed a few strategies to keep myself from spending too much on fall fashion without sacrificing my style. In putting together this list, it occurred to me these strategies work well for just about any purchase. The following tips are presented in the fashion context but feel free to adapt them to your personal purchase!
Know what you want (and what you’re willing to spend) — This year, I’m searching for olive skinny jeans and lace-up shooties (worst shoe name ever, I know), and already have a gift card and rewards points to help me save on the latter. Getting the former for a good deal should prove challenging though. Luckily, I slay challenges.
Look everywhere — Last year, I had my sights set on adding wine skinny jeans to my wardrobe. After finding what I wanted for the ridiculous price of $74.90, I searched everywhere for a cheaper alternative. I left no stone unturned and always kept a keen eye out for the perfect pair.
Keep on top of sales — Knowing when to buy is key to saving money, which is why I’m a proponent of signing up for retailer newsletters. I want to know when they’re having a storewide blowout and I also want “exclusive access” to the best deals.
Compare deals and coupon codes — I always search for coupon codes when shopping online, but Emily over at Evolving Personal Finance recently put us all to shame when she summarized her deal-comparison process. She raises an excellent point however, since comparing coupons, online promo codes, cash-back rewards and the like will help you land the best deal in the long run.
Be patient — I waited a few months to buy those wine skinny jeans and my patience paid off. I ended up snagging the exact pants I wanted for $23 by applying all of the aforementioned tips. After having scoured the earth for a cheaper alternative, I bought them at the price point I wanted during a 50-percent off sale using reward points for extra savings. POW!
Now it’s your turn — what strategies do you use to consistently save money?