It’s no secret round these parts that I enjoy a good luxury splurge. I’m by no means the owner of thousands and thousands of pounds worth of handbags, but over the last few years I’ve made a few choice investments in luxury fashion, and I have yet to regret a single one. I wanted to share some of my top tips when it comes to luxury shopping, in case you’re thinking of splurging on a pricier piece.
Be aware and respectful of your budget.
A luxury splurge means something different to everyone, and it should never put you under financial pressure. Assess what you can realistically spend, and keep your investment in line. There’s no use spending out on a piece you love, but that makes you feel slightly sick when you look at it. Invest wisely!
No impulse purchases.
I think really this is something we should adopt for all shopping, but especially when the price creeps up. Any luxury purchases you make should be well considered, well thought out, and something you’ve wanted for a long time.
Stick to timeless, classic pieces.
Dropping hundreds of pounds on a trend piece is guaranteed to lead to buyers remorse. I try to make sure the pieces I invest more money in are ones I know I’ll use and love for years to come. I try to stick to classic colours, styles and versatile pieces.
Ask ‘Can I save any money on this?’
I’ve certainly made a few full price luxury purchases, but I always do some research first to see if I can save even a fraction of the cost. Look into outlets near you, Bicester Village always has some bargains, factory outlets, Mulberry have one near my doctors surgery in Frome and Burberry have one near Connor’s work. Louis Vuitton and Chanel have stores after security at Heathrow airport, and when you spend over a certain amount abroad, you can get the tax back at the airport. I bought my Chloe bag in Australia and saved around £400 because of good exchanges and tax rebates!
Luxury purchases should fill you with joy, not regret, so make sure you take these things into consideration before splurging!