How I Save Money To Buy Designer Items
I thought I would do a blog post on how I save money and how I acquire my designer bags and shoes. I’ve often had people mistake me for being rich, having a trust fund, or something along those lines, but none of it is true. I still live at home, I run my own blogging business that I built up from my home myself, and I am not from a rich family at all, in fact we actually grew up without much money at all. With all this in mind though, I wanted to show you how I afford more expensive things sometimes, and how it’s possible. I don’t have children myself, so I know it can be a little more difficult for those of you who do though.
I wanted to point out as well that I would never buy fake pieces. I’m completely against it due to it being illegal and funding awful things in foreign countries, as well as damaging the original designers brand and your own integrity. It’s not a route that should be taken in the fashion blogging industry, especially when you might have the chance of working with some of the brands. We all have things we love and spend our money on, whether that’s fashion, technology, cars, sports, gaming, collecting stamps etc, or my designer bags/shoes, so I will always do anything I can in order to take the authentic route and have investment pieces.
I remember reading a blog post by Dominique on That New Dress last year on how she affords luxury items and it was so similar to myself, but I thought I would link up to it anyway as another reference as she’s a fashion blogger with a love of designer pieces like myself. I used to make the mistake a long time ago of not buying items I could re-sale or that keep their value, so I try to make sure I get classics now. Anyway, here are the 6 ways I save money for my designer purchases below.
Selling Items I Don’t Wear
One of the main things I do, as I have mentioned before, is sell the items I no longer wear. This can be laborious and a chore, and it can take many months, but it’s a great way to really save for a new item without feeling like you’re wasting money or feeling too guilty. For example, as I said in my Celine Micro Belt Bag review, I had sold around 25-30 items in order to make up money for it. This included mostly jeans and other clothing, but it’s a great way to do it because it creates extra money. It gives you an incentive to sell items that are taking up space if you say to yourself that 75% of the money towards your new item has to come from selling. It’s what really drove me to do it! I do obviously struggle to sell some things as I have attachment issues with them, but anything I can part with, I do. It can be stressful though, but it proves how committed you are to the new item.
Looking For Discounts & Sales
This may sound obvious, but being savvy with discounts and sales is one of the best ways. Some designer brands that you are saving for can be bought online, and will go in the sale, for example: Valentino, Mulberry, Chloe, Burberry, Saint Laurent etc., while other designers don’t. If you think the item you want is likely to not be that popular and enter the end of season sale, it’s worth waiting. I know a lot of ladies don’t like to buy seasonal pieces at retail value. The best way to do this is to always be ready! The summer sales start in June (there’s some amazing ones right now) and the winter sales start in December/January. Keep the tabs open on your browser of the item you want and check it each day to see if the price has dropped.
Since it’s always the seasonal items that enter the sale, never the classics, you might want to look for discount codes. When it comes to certain holidays like Thanksgiving and the wonderful Black Friday, or 4th of July celebrations etc., a lot of stores will have discount codes. Bloggers will often be told in advance about the codes, so it’s always worth checking with them to find out, or doing a quick Google search for some of the latest ones. Dedicated deals websites, like Groupon, have pages for specific stores and they list the codes and offers on at the moment. Some shops online even offer you discount codes for signing up to their email newsletters, so it’s always best to do your research. I’ve managed to find some classic pieces with a discounted price due to this, so it pays to shop around.
Cut Back On Lifestyle Expenditures
For me, this one is really easy as it’s where I save a lot of money. Personally, I don’t smoke, I don’t drink alcohol, I don’t really have nights out, I have water with my meals when I go out and we usually eat at restaurants (once a week) that accept the gourmet card, so we can use the discount offers. If I choose to go to the cinema, then I go on the Tuesday/Wednesday Meerkat Movie deals for buy one get one free as well. Obviously this is my lifestyle preference and I don’t feel like I am missing out on anything as I’m very much an ‘at home’ type of person. If going out and spending money on social activities is one of your favourite things to do though, you can always budget it and look at areas where you could save some money here and there. For me though, it saves a lot of money as I wouldn’t be able to do both.
Being Savvy With My Spending
If you have been a reader of my blog for a while, you will know that I really only buy designer bags, shoes, and occasionally accessories. Other than premium denim jeans (which I always get discounted), I never spend my money on designer clothing. What I mean by being savvy with my spending though is mixing high and low together. I’m happy to wear clothing pieces from Topshop, H&M, ASOS, River Island etc and then have my shoes and accessories as the designer option. Choosing a certain area to spend your money on, like bags, is great really as it means it’s an investment and you can wear it with all of your outfits so it’s not feeling redundant after the 5th wear (like a clothing piece would be).
Another tip for being savvy with spending for me is by being strict. I used to have a habit of buying things I saw on the spur of the moment because they were in the sale, but then I usually never wore them. In my head I thought I was saving money and getting a great deal, but in reality I was actually spending money on something that I didn’t really need or want. So, my advice is, don’t buy because it’s on sale, put that money away towards your bag or shoes that you’re actually saving for.
Designer Shopping Outlets
Designer shopping outlets are a great place to be! You can save so much money! If you don’t mind having factory seconds or out of season items, you’re winning! I’ve often made many a trip and call to outlets before when I’ve been searching for a bag that I just couldn’t find anywhere. I seem to have a habit of always wanting the pieces that are no longer available! I’m heading to Bicester Village in Oxfordshire for my birthday in August and I know they have outlets for Celine, Gucci, Burberry, MCM, Chloe… It’s a huge list, and the prices are pretty discounted compared to retail. If you can’t make it to actual shopping centres though, there’s places online like The Outnet and Yoox.
Buying Pre-Owned Pieces
To save money, I have been known to buy pre-owned pieces before too. Sometimes this is due to the fact that the bag I wanted is no longer available and I have to scan eBay or Vestiaire Collective daily for someone to sell theirs (I did this with my Mulberry Mini Taylor in Deer Brown and it took a year to get!) or because the retail value was just too much and I didn’t mind it being second hand. I think as long as the condition is good and you know it’s 100% authentic as you have proof or can authenticate items yourself, it’s a great idea. A lot of ladies look after their designer bags and they will often be in great condition, so you can get a good deal. I know a lot of people prefer new, but I often think that I’m giving the item a new home so that it can be enjoyed again, and if it does have a few little marks or scratches, it makes me less afraid to use it myself in case of damage.
So, these are 6 ways in which I save money and how I do it in order to purchase a designer item that I’ve been wanting. Obviously if it’s quite expensive (like my Celine or Chanel) then it takes me a good few months to get there, but it’s a great sense of achievement when I do! I usually limit myself to 2 bags per year and make sure I definitely want the item before I commit to saving for it. I know a lot of you ladies that adore fashion will be quite similar, saving money in other aspects of your life, so I would love to hear some of the tips that you have in order to afford your designers pieces! Lorna xx.