If you are looking to save money, clothing can be an area where you should focus on. After you create a budget, you track down your expenses to ensure you do not spend more than the cash you have, It is imperative to monitor your daily costs to stay within a budget, but some areas fall out of your notice.
Clothing is one of them. You may not realise it, but you indeed spend a lot of money on apparel. Clothing takes a larger chunk of cash than other household expenses. According to data, spending on apparel in 2020 was recorded at 3.1 billion Euros, which is just slightly lower than the spending in 2008 with 3.2 billion Euros.
If you are looking to trim down your budget, you will have to cut back on the spending on your clothing. Here comes a capsule wardrobe. This wardrobe involves a collection of top-notch clothes that you can mix and match to create various combinations for any occasion. This is a great way to optimise your wardrobe by spending a very little amount of money.
How to create a capsule wardrobe to avoid spending a lot of money on apparel
Creating a capsule wardrobe can be quite difficult if you are a novice. However, the following tips can help you achieve your goal:
· Declutter your wardrobe
A capsule wardrobe, in other words, is known as an organised wardrobe. It must not have a space for anything you do not need, or that is absolutely useless. Declutter your wardrobe by asking yourself if it adds joy to your life.
Do you feel good when you wear it? If it makes you happy, keep it with you. Otherwise, just give it away to a local charity. Try to create a collection that fits you right now. You do not need to dump clothes in the closet that you think will likely fit you down the line.
The sort of fantasy never turns into reality. For instance, there are some women who expect that they will be back in their previous shape after giving birth to a child and hence do not throw clothes that do not fit them currently.
Do not make this mistake, as this is never going to happen. Decluttering will help you keep only those clothes that you wear. This will make it organised, small and beautiful. You can build your wardrobe from scratch if you have time and money. However, it makes more sense not to throw away clothes that fit you; after all, you have invested a lot of money in them.
· Personalise your wardrobe
You should keep outfits in your closet that suits your personality. Throw away clothes that you do not want to wear. Many people struggle to have a capsule closet because they feel guilty about getting rid of clothes.
It is undoubtedly tough to turf them out as you have invested a lot of money. However, you need to be practical. Realise the fact that the money you have already invested in apparel is permanently blocked.
This you cannot get back. You have bought an expensive pullover, and now it does not fit you, or it has faded. You should toss it to a local charity. Keeping it in your closet will never be benign. Therefore, it is suggested to personalise your wardrobe.
It means your closet must have clothes that you wear. For instance, if you are not a party person who needs fancy footwear, you should not buy them. Instead, you should try to put on casual footwear.
Likewise, you should avoid buying professional apparel if you do not dress up. You should try to make your wardrobe personalised. Footwear is also a part of it. Before you pop apparel and footwear in your closet, you should know what suits your personality and what needs you.
Of course, you will need to buy new clothes. You can apply for loans like Provident in Ireland. These small funding sources can build your wardrobe without any hassle.
· Do not compromise with the basics
Saving money on apparel does not mean that you will buy low-quality clothes. Because if you do so, you will end up buying more and more clothes, and this will likely ruin your finances. Buying cheap clothes can cost you a fortune.
The purpose of creating this wardrobe is to make your closet last longer. Even though it requires you to spend a little more money, your closet will last longer. Do not fight shy of taking out urgent loans in Ireland if your savings have fallen short of cash.
Pay attention to the fabrics, colours and the possibility of mixing and matching pairs. Make sure you have footwear that goes with all your outfits. For instance, sports shoes cannot go with all outfits. A couple of pairs of shoes may be needed.
However, it is vital that you do not want to stock up on shoes and clothes. Otherwise, your wardrobe will no longer be capsule. Try to have clothes that are flattering so you can put on them on almost all occasions.
This is how this helps save pennies. You do not need to have separate expensive dresses for birthday parties, wedding occasions, baptisms, and a tour. You should be able to create several combinations that you can try on different occasions.
· Update as the season changes
Nothing sounds better than being successful in creating a wardrobe that suits your personality without shelling out a lot of money. However, once you have done it, you cannot sit back. When a season changes, your wardrobe will also change.
There is no need to rebuild the entire wardrobe as you can wear jeans in any season. However, there are some clothes that you would have to change, for instance, tank tops and sleeveless shirts.
You will replace them with sweatshirts, long sleeve shirts, and woollen clothes. You do not need to buy them in bulk as they can easily be mixed and matched with jeans. Avoid stocking up on woollen apparel. Likewise, you will need to replace your sandals with boots. However, if shoes can go with your clothes, you should avoid blocking money on boots.
The bottom line
A capsule wardrobe can help save a lot of money as this consists of pairs of clothes that you can mix and match to create multiple pairs. Although you will have to buy top-quality clothes, they will be durable and long-lasting.
As you do not need to spend money on clothes on and off, you will automatically save a ton of money. You will have to be smart with choosing colours. Neutral colours can help you make a lot of perfect combinations. You must have shirts, t-shirts, tank tops, etc. Try to have all of them in sufficient numbers. They should not be scarce, nor should they be too many. These tips will naturally help save a lot of money.
People often do not look over the clothing section to trim down their budget, but this undoubtedly accounts for large spending. Impulsive shopping is also one of the reasons why apparels eat up your money. By creating a capsule wardrobe, you can easily save loads of money.