Ever wonder what could make a shirt — a regular cotton-blend tee — cost more than two months of rent? Us, too. And it turns out, even the people selling the expensive goods have no idea why they cost as much as they do. Kevin Smith over at Business Insider was curious as to why a pair of Jimmy Choo slip-on sneakers were selling on online retail site Mr. Porter for $1,095, so he contacted the site’s help team to find out. At first glance, the slip-ons don’t look that much different from your regular Vans sneaker. The materials may be a bit more high-end — leather and studs — than a canvas pair of Vans, but the sole and basic shape are the same.
Ashley, the salesperson who took Smith’s query, wasn’t too sure why the shoes cost more than a grand. “Is it because of the materials?” he asked. “These Jimmy Choo sneakers are made of black suede and leather and also covered in metal studs. This is why they are so expensive. Also, Jimmy Choo is very high-end designer,” she replied. Which, okay, stating the obvious. Not particularly helpful. Keep reading »
Most of the items in my closet probably cost between $5 and $75. I’m a huge fan of thrift stores, discount stores, and clearance racks. My mom raised me to hunt relentlessly for the best deal, so even when I’m doing fine financially, a $50 price tag will give me pause. A $100 item is a pretty big purchase, one to ponder, put on hold, and perhaps consult with a clergyman about (“But Father, it’s BCBG!”). And with the exception of an ill-advised pair of limited-edition purple Ugg boots my sophomore year of college, I almost never buy anything that costs more than $150. Keep reading »
I have this weird habit. Despite being very uncomfortable talking about money in almost every other scenario, whenever someone compliments me on something I’m wearing, I immediately blurt out how much I paid for it, but only in cases when I’ve gotten a great deal. For example, while walking my dog this morning, I ran into my neighbor, who complimented my yellow dress.
“Thank you! It’s actually Club Monaco, but I got it at Buffalo Exchange [a resale mini-chain] for $20!” I blurted out. Oops. Homegirl didn’t ask me where I got it, let alone for how much, so why did I tell her? The thing is, I do this all the time.
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