Your 20s can be a confusing financial time when you feel caught somewhere between trying to save for the future and enjoying being young. It’s a time when many are getting their first “real” job, while simultaneously calculating how many weeks they can survive on ramen alone in order to treat themselves to what they want to buy. It’s also a time when you might consider investing in your first luxury fashion item.
For some of us, our first experience with luxury goods comes from gifts and special occasions. As we start to make our own money, saving up to purchase a high-end item on your own dime becomes more rewarding.
We exist in a world repeatedly telling us to “treat yo’ self” and live in the moment while simultaneously instructing us to invest, plan for the future and save. When you’re just starting out, it’s important to know what’s worth the splurge and what isn’t to maximize your budget.
Famous fashion designer Yves Saint Laurent once said, “Fashion’s fade, style is forever.” When considering investing in a luxury item, consider if you’re buying a trendy piece that will be out of style next season or next year. Are you someone who changes their mind frequently, or do you tend to enjoy the same classic styles season after season?
If you’re looking for an investment piece, opt for a classic — something that you can wear for years without looking dated. Think neutral colors like black, tan, blush pink or white that stay consistently in vogue and pair with almost anything you have in your wardrobe year after year. If you’re someone who loves a color that’s trendy right now, that’s OK. You’ll enjoy a piece in your signature color for years to come.

