Financial expert and CPA, Stacy Johnson of MoneyTalksNews.com, shares his top tips for how to save on clothes.
1. Sell what you’re not wearing at a consignment shop. Before you buy your next article of clothing, go into your closet and remove everything in there that you haven’t touched for a year. Take it to a consignment shop. Take the stuff they don’t want to a thrift store so someone else can benefit. When you get cash for your old clothes, use it to buy some new, pre-worn ones. Hint: When you’re selling or buying used clothing, go to the fancy part of town. You know how rich people are; they’ll pay more for your stuff and give away theirs when they get bored. This is also true with thrift shopping and garage sales.
2. Buy out of season: shorts and bikinis in January, coats and sweaters in July.
3. Always check a coupon search engine first before you shop. Think of it as an instant savings dispenser attached to your computer.
4. Find it cheaper in the boy’s or men’s department. If you’re a woman shopping in a department store for something unisex like a T-shirt or sweatshirt, you might be able to spend less by shopping in the men’s section. Apparently the sexist pigs who price clothing believe women will pay more for comparable clothes than men. Call ‘em on it.
5. Don’t over-wash your clothes. It wears them out faster. Avoid dry-cleaning if possible, and when you do wash your clothes, avoid dryers. That lint in your dryer screen is made of little pieces of your clothes that get rubbed off. Hanging them on a rack or clothesline is better for them and your electric bill.
6. Develop a hangup: How many times have you had to wash otherwise unsoiled clothing just because you threw it in a wad on the floor?
7. Learn to sew: My mother wouldn’t let me leave for college until I’d mastered simple stitchery, like button-sewing. Next time you’re in a fancy hotel, take the sewing kit.
8. Trends are not friends: I realize this is easy advice for a man to give. After all, with the exception of fedoras, we’re basically still dressing like they did in the 40′s. Nonetheless, even I can tell when a silly trend isn’t going to last. Avoid them.
9. Shop outlet malls, but carefully. Did you know that some labels actually make less expensive, lower-quality goods specifically to sell in their outlet stores? See Stacy’s money-saving tips for outlet mall shopping.
10. Use a budget: This is a tip that works for everything. If you plan what you’re going to spend, you’ll spend what you plan. Going over-budget? See tip one: It’s time to sell some clothes.
11. Use cash: Cash, along with budgets, are the ultimate way to avoid impulse buys. Remember all that stuff in your closet that you never wear? That’s where it came from.
12. Use a list: This applies to everything you shop for and is also effective at preventing impulse buys.
13. Swap with your friends: Have a small party and ask everyone to bring stuff they’re not wearing. What doesn’t get taken can be given to charity. Besides, your friends are going to borrow your clothes and not return them anyway… might as well get something back.
14. Shop online: Check out auction sites or discount clothing websites. That could save you sales tax, but make sure shipping isn’t eating up your savings. And before you check out, do a quick search for a coupon code for both the store and the item you’re buying.
15. Buy outfits, not items: It doesn’t do you any good to buy a shirt that doesn’t go with any of your pants. Plan ahead. Build a wardrobe around a few key things and make sure new additions build on that foundation.
16. Don’t buy clothes to change your mood: Don’t shop for the high, to build your self-esteem or to fight off depression or boredom. The good feeling you get by buying new clothes (and most other things) is temporary, ineffective and expensive. Physical solutions have no effect on emotional problems.
17. Shop alone: If you really need someone’s input, fine. But be aware that friends, especially when combined with our own ego, often result in purchases that we might not otherwise make.
18. Buy the right size: This almost sounds too obvious to mention, but even I’ve done it: “It’s a little too small, but that’s OK because I’m about to lose a few pounds.” Who am I kidding? If I’m really about to change sizes, what the heck am I doing shopping now?