How To Start A New Wardrobe On A Budget

How to Start a New Wardrobe on a Budget

Do you feel like you’ve worn the same thing every day for the past month? It might be time for a wardrobe refresh! But if your bank account is feeling a little light, don’t worry – we’ve got you covered. In this blog post, we will give you our best tips on how to start a new wardrobe on a budget.

There are plenty of ways to save money when you are thinking about building or improving your current wardrobe. One way to do this is by thrifting or shopping at certain times of the year. You can often find great quality items for a fraction of the cost of new items. Another way to save money is by investing in a few key pieces that you can mix and match to create new outfits by creating a capsule wardrobe. These key pieces might include a classic blazer, a versatile pair of jeans, or a neutral sweater. By investing in these essential items, you’ll be able to create many different looks without having to spend a lot of money.

 

Assessing What you already Have, Selling what you don’t love.

When you are building a new wardrobe, the first thing you should do is take stock of what you already have. Consider each item in your closet and ask yourself, “When was the last time I wore this?” 

If it’s been a while, or you have never worn the item, consider selling it. Sites like Poshmark and Thred Up allow you to resell your clothes which can be a great way to generate income to help you fund your new items. With ThredUp, all you have to do is send in your items (it’s free) and they will pay you depending on what they are able to sell. You can get paid in cash or Thred Up credit. 

 

How to Build a Capsule Wardrobe

Building a capsule wardrobe is one way to keep your budget low and make time for other things in life.

The eternal fashion dilemma that always seems to strike at the worst possible moment, usually when you’re running late for an important meeting or date : “I have nothing to wear!” But it doesn’t have to be this way. With a little bit of planning and forethought, you can build a capsule wardrobe that will see you through any fashion crisis.

Go through your closet and pull out everything that you absolutely love wearing. These are the pieces that make you feel confident and stylish, and they should form the foundation of your capsule wardrobe. Through this exercise, you are able to understand what colors you are attracted to, and gain a greater sense of personal style. Once you’ve got your foundation pieces, you can start to build out your wardrobe with a few key items. The basic idea of a capsule wardrobe is to have a few key pieces that are interchangeable, creating more outfits with less pieces. Read more about creating your own capsule wardrobe here.

 

Best Times To Shop

As the seasons change, so do the prices on clothing. So if you’re looking for a bargain, mark your calendar for the end of winter and the end of summer. You’ll be glad you did!

At the end of winter, stores are trying to get rid of their winter inventory to make room for spring items. This is when you’ll find the best deals on winter clothes, boots, and outerwear. Similarly, at the end of summer, stores are trying to get rid of their summer inventory to make room for fall items.

After the Winter Holidays is a great time to buy formal wear on sale like cocktail dresses or event attire. A bit of planning can go a long way for your bank account when you are planning your wardrobe.

 

Thrift Shopping

If you’re on a budget, thrifting is a great way to find affordable clothes that are unique and stylish. It’s a great way to find unique pieces that no one else will have. There are plenty of hidden gems to be found at your local thrift store, you just have to take the time to look for them. With a little bit of patience, you can put together a wardrobe that will have you looking and feeling your best.

What are some other ways you like to save money when shopping for clothes? Share your tips in the She Banks Community!

Share this with your network!

Related Articles

Welcome to the Blog

She|Banks contributors

We are so happy to have you here. To stay up to date with tips and tricks on all things personal finance and continue the conversation, join our community!

Our Personal Favorites
Featured
Explore