Financial tips like “skip your latte” are obnoxious. So are suggestions to camp rather than stay in hotels, separate two-ply toilet paper and cook eggs in the dishwasher. After all, I don’t want my life to suck. While it’s true that incremental expenditures add up over time, the biggest factors affecting spending have to do with central life choices. The average “middle class” American making about $50k spends 30 percent of it on housing, 20 percent on transportation, 15 percent on food, 10 percent on retirement, 8 percent on utilities, and 7 percent on healthcare. These things aren’t elastic — you need it all — so the idea is to make efficient choices within these categories. Keep reading »
See those two women in the photo who are shopping and all smiley and happy? Now, close your eyes and remember this image, seal it to your memories, children. Because soon, the days of shopping sprees and enjoying mall trips will be long gone. OK, so we exaggerate a bit (we hope!), but you should be warned that clothing prices will probably increase. According to Women’s Wear Daily, many big retailers (the North Face, Seven for All Mankind, to name a few) are thinking about upping price points both because of inflation and rising costs of cotton and manufacturing. Keep reading »
I admit I’m pretty much a walking gender stereotype — I like shopping, getting pedicures, grabbing drinks with the girls after work, obsessing about my hair, and lusting over other women’s awesome boots. I also hate when models brag about how they can eat anything without gaining an ounce, and I have an unhealthy addiction to gossip sites, but that may be taking it a bit too far. The point is, I embrace my girlishness and I’m not about to give up any of the fun parts of being a chick just because the economy isn’t doing so well. So I’ve decided to embrace my inner recessionista, who, frankly, wasn’t all that hard to find (she also goes by the name “cheap”). Before thriftiness was a necessity, I picked up a few tips about living fabulously without spending a bundle. Keep reading »
When Net-A-Porter started up in 2000, it seemed doubtful that people would buy premier designer goods off the internet, sight unseen. But the times, they did change, and now we’re all online shopping. However, it still seems shocking to us that shoppers drop thousands of dollars through e-commerce sites. For example, this famous Alexander McQueen dress retails for $6,375 and is completely sold out on Net-A-Porter. Other items people are scooping up? A Marie-Hélène de Taillac’s 22-karat gold bracelet for $1,805, a Fendi embroidered tote for $6,980, and an Alaïa leather belt for $1,335. Who are these people, and can we be their best friends?
Do you have a limit on how much you’ll spend on an item online? Especially if you haven’t seen it in person or tried it on? [Net-A-Porter.com] Keep reading »
There are two types of wealthy people. Those who go on reality television to show off their private jets and bling and Caribbean estates. And then there are rich people who are also cheapskates, and won’t spend money on peculiar things, like clothes. (Come to think of it, Daddy Warbucks did wear pretty much the same outfit every day.) Or so it seems, according to surprising new research about where they shop. Check out the full infographic after the jump. Keep reading »
I don’t know what’s happened to me. I used to love shopping. Next to having sex, drinking, and eating great food with friends, shopping used to rank pretty high on my list of activities that make me happy.
And no, I was never one of those girls who “bought to fill the void” or anything like that. As a fashion lover, the biggest draw of hitting the boutiques was a satisfaction of being able to change my style with something simple. I never dumped huge amounts of money on clothes, but I definitely had patterns. Maybe one nice designer purchase every three to four months; one to three smaller things per month like tops, accessories, and sometimes shoes from places like Urban or Forever 21. I rarely bought out of necessity.
Now that’s not the case … Keep reading »