Recently, I sprinkled some shopping wisdom and suggested ways to save money on your next shopping trip. Today I will share the formula I use to determine if the item is worthy of being placed into my shopping crate.
The strategy I use is not universal and will fluctuate depending on your budget and prices in your favourite stores. Here is the basic principle behind my money saving shopping strategy.
Over the years, I have identified pricing patterns for items such as blazers, jeans, and tops in my favourite stores. By estimating average prices for these items I have determined my personal spending limit. If the prices are significantly above this average, I do not make a purchase (most of the time that is). However, make sure to check out the sales racks before committing to newly arrived items, you never know what you might find.
For example: My Summer Spending Averages
- T-shirts → ~ $15
- Sandals → ~$40
- Summer Dress → ~$30- $35
- Shorts → ~$20
- Sunglasses → ~$15 (none glass lenses)
Do you think this formula was helpful? Will you be giving it a try? Let us know in the comments. In the mean time, you can keep in touch with by following us on Twitter, Instagram @lipstick_trilogy and Pinterest for more on our adventures and interests.
Best of luck,
– Kisses, Kvitka –