Tuesday, July 21, 2009
I Am Recessionista Thoughts
So, how do we ensure that we get the best bang for our buck and not fall into a spending trap? From my personal experience as a Fashionista as well as a Recessionista, I can certainly say that I am no longer going to be a victim of sales. After my recent move from a house with lots of closet space that spans across 3 bedrooms to a city apartment with one walk in closet, I have certainly been much more careful in spending these days. I claim that I am a Recessionista when I started blogging in April this year, but now I can say that I am even more Recessionista-like than I ever was. Don't believe it? My apartment is just steps away from Forever 21, Urban Outfitters, H&M and BCBG - my favorite. And it has been almost a month since I moved here, and I haven't bought a single item yet.
I am going to summarize what I learned in a nutshell from this very painful lesson. First lesson I learned was, before I went out shopping again, I needed to purge my closet well to see what I really really needed. In my case, I wasn't lacking of anything. And more importantly, I had to understand what styles suit me best and what didn't look good on me. Balloon skirts and dresses are cute, but do they suit everyone's figure? Next lesson, I don't have to buy something just because it is on sale. I made this mistakes too many times before. Most importantly, I learned that buying cheap stuff that don't last is a bad bad decision. Instead of buying 3 dresses, 2 skirts and 3 shirts for $200, it would be a much wiser decision to buy 1 dress, 1 skirt and 1 shirt for $200. Designer quality always counts, you really pay for what you get most of the times, and they last a long long time. Remember my blog entry about cost per wear? (See links at the side of my blog for cost per wear)
Having been a victim of spending traps in the past, can I say that I am much smarter now? Very positively yes.
Wednesday, May 13, 2009
Recessionista Review #1: Are Christian Louboutins Worth My Recessionista Dollar?

- Comfort: 3.5/5.0
- Comfort: 3.0/5.0
Elizabeth Banks in her Hyper Prive Peep ToesTuesday, May 12, 2009
Red Hot Christian Louboutins
Recognize these red soles? Does the brand Christian Louboutin ring a bell? If you haven't heard, these Christian Louboutin "IT" shoes are coveted by women of all walks of life around the globe; literally from celebrities to socialites to regular people. In contrast to its relative the "IT" bag - whose status is based of a checklist of criteria such as rarity, price and waiting list – the "IT" shoe is a whole different league on its own.
Being the Recessionista I am now, I knew that spending close to a grand on a pair of shoes might not be the frugal thing to do. But then again, if I considered the Cost Per Wear value of these Louboutins, then it might actually be a good "investment". With that being said, I decided to try on 4 pairs of Christian Louboutins, then do a review on them.
Look out for my upcoming blog entry titled Recessionista Review: Are Christian Louboutins Worth My Recessionista Dollar? for my honest opinion.
Monday, May 11, 2009
Shopping Tip #2: IamRecessionista's Cost Per Wear Analogy
We've probably heard celebrities, models, personal shoppers and fashion stylists mention about Cost Per Wear (CPW) over the mass media too many times. For those of you who don't know what CPW means, it is a concept that rationalizes the expense of a fashion item by dividing each time you wear or use it into the original cost. According to "The Budget Fashionista" Kathryn Finney, she says that whenever you buy something new, your goal should be to wear it enough so that your cost per wear becomes less than $2. Achieving a CPW of $2 would be ideal for anyone, but that might pose a challenge for many Fashionistas.
Personally, I have gone with my own analogy that as long as the cost per wear for a fashion item does not exceed what I make in an hour, that item is considered an "investment". My logic is derived from the fact that since it typically doesn't take me longer than an hour to pick something in the store, the cost per wear for that item shouldn't be more than what I make in an hour. More than often, I follow my CPW analogy diligently, but like everyone else, I have had my weak moments where I fell prey into the arms of a spending trap in disguise. To illustrate what cost per wear means, I will reveal my Top 3 CPW purchases of all time.
Best CPW Purchase: H&M Mod Double-breasted Wool Coat
I got this coat at the H&M NYC store on 7th & 34th street for only $70, and it is definitely my most favorite winter coat of all time. It exudes Twiggy's mod-style, and the color is a nice shade of light heather gray which goes with almost anything in my closet. I have always been a believer that the retail price of an item is an indication of its quality, but this coat has proven me wrong. Although it wasn't made of 100% wool or cashmere wool like most of my other coats are, it is by far the most wearable. Its CPW is probably down to a low 50 cents!
2nd Best CPW Purchase: Rock & Republic Kasandra Jeans
I can declare that this pair of Rock & Republic low rise, bootcut jeans are the best designer jeans I have ever owned. Amongst my collection of designer jeans which include Rock & Republic, Seven for All Mankind, Antik Denim, Joe's Jeans, Miss Sixty and Paige Denim, I love my Rock & Republic jeans the most. I paid about $180 for this pair and I have worn it probably more than 100 times since I got it last May, so its CPW is now at a low $1.80. Soon, it is probably going to be down to $0.
3rd Best CPW Purchase: Prada Daino Shopper Tote in Acciaio
I was invited to the Saks Friends and Family Day at their New York store. My goal that day was to purchase a handbag using my 20% discount, but unfortunately the discount could not be applied to all my favorite brands like Chanel, Prada and Dior. As I was browsing that department, this eye-catching yet subtle shade of metallic silver peeking from Prada booth just caught my attention. I was hesitant at first to purchase it since I couldn't use my 20% on this, and the color is not the typical black or brown or taupe that I mostly own. While I am touching its beautifully-grained calfskin and sturdy gold hardware, I started calculating the cost per wear of this $2k "investment" in my mind. Fifteen minutes later, I was the proud owner of this gorgeous "baby". And I am glad to say that since I acquired this investment piece last March, I have used it almost every single day. I have used it when I am in the States, on my overseas business travels and even vacations, and the bag is still look immaculate! The CPW for this Prada baby of mine is now down to a low $5.
My CPW analogy has worked for me so far in getting the most bang for my buck for most (unfortunately not all) of my fashion items; achieving a balanced wardrobe of both high-end quality pieces and mid-range pieces that I continually wear over and over again. Being the wiser shopper I am today, I always ask myself before I make any purchase something "How many times am I actually gonna wear or use this?" While mental math calculations have never been my Forté, I am still able to calculate the cost per wear of that item before I decide to flash my plastic at the cash register.









