Cost-Effective Fashion for the Financially-Savvy Millennial
/As a millennial woman, it's important to feel confident about what I wear while being mindful of my finances. The way I easily achieve this is by using a money tracking spreadsheet to calculate the cost per wear of each clothing item in my wardrobe and it’s so easy for you to do! Here's how it works:
In a spreadsheet, input the item name and the cost of each clothing item you own. (Put your best guess at the price of older items and input the cost of new purchases moving forward)
Every time you wear an item, add to the number of times you've worn it.
See the cost per wear of each item. For instance, if you spent $100 on a dress and have worn it 10 times, the cost per wear is only $10.
This method can help you identify which items are worth investing in and which ones are not. It can also help you avoid impulse purchases and focus on buying pieces that you know you'll wear regularly. Plus, it helps you decide which items to declutter from your wardrobe.
Here is a collection of some of my favorite outfits whose cost per wear is below $80!
When it's time to pick out an outfit, use the spreadsheet to filter items by cost per wear. This eliminates the stress of deciding what to wear and ensures that you're making the most out of your wardrobe. Say goodbye to decision fatigue!
If you're interested in optimizing your wardrobe and tracking your cost per wear, I highly recommend using a money-tracking spreadsheet. You can even check out the one I use, available for sale on my website. It includes this feature and SO many more tools to help you with your finances.
With a little mindfulness about your spending and wardrobe, you can look and feel great without breaking the bank. Get a copy of the tracker below and if you’ve already bought it, use the download link to get this updated version with the additional Cost Per Wear feature.
Disclosure: Some links are affiliate links, meaning, at no additional cost to you, I may earn some compensation. All opinions are 100% my own! I truly appreciate you and your support. :)