Three things you should know about me:
1. I just moved into my first New York City apartment after graduating from college, meaning rent and apartment bills have nearly consumed all of my funds.
2. I graduated with a degree in business administration, meaning I apologize in advance for the boring jargon below.
3. I am a shopping addict.
With NYC rent being obscenely expensive, and my funds being obscenely low, any smart well meaning person would advise me to “save, save, save”, wherever and whenever possible. My response is that I am a shopping addict (see clause 3 above), and asking me to limit my clothing purchases is just cruel!
Rather than listen to all the sensible people out there, my shopping advice will now all be coming from my finance professor. No, I will not be wearing blue blazers and khaki pants, his outfit of choice, but rather, I will be heeding to his wise advice concerning money management and purchasing this $495 Alice + Olivia Leather Tulip Skirt. While I know spending nearly $500 (sadly only a small portion of my rent money) on a skirt is by no means saving money (I’m no dummy!), it has great ROI (return on investment for those non-business minded folks) and I learned in class that ROI is king.
But before we get to the finance, lets talk fashion! This skirt is a great investment because of its versatility. Not only is it one of Spring’s trendier choices (neutrals are hot right now), but it is also classically shaped and timeless. In addition to loving the color and shape, I am a huge fan of leather and a well-made leather piece is known to have a good shelf life. Mix this skirt with in-season trends and you will always look fashionable and trendy no matter the year or season!
And now for the financial view—I invest $495 now and in return I get a ton of fashionable outfits for the next couple years! Compare this to buying a cheaper, more of-the-moment piece that will last you a single season and the question of what to with your money becomes a no brainer…INVEST!!! I am positive my finance professor would agree that the return from this skirt makes it a worthy investment! He might even tell you that while the principal may be high, the long-term capital loss may be lower than purchasing multiple cheaper skirts that don’t have as high of a ROI…. aka I will be saving money!
Check below to see how I plan to use this lovely Alice + Olivia Leather Skirt to create a range of outfits for any occasion that will prove sometimes you have to spend a little to save a little!
Outfit #1: Shop till you drop! Pair the Alice +Olivia skirt with this Levi’s jean jacket, cheetah print espadrille, orange burnout top, a tribal scarf and some bangles for a casual day look that will keep you stylish and comfortable while running errands and shopping!
Sparkle & Fade Textured Extreme Hem Tee, $29
Levi’s 70’s Trucker Jacket, $69.50.
Rocket Dog Clover – Cheetah Burlap, $39.95
Vintage Oversized Tribal Scarf, $18
Forever 21 Faux Panel Bangle Set, $5.80.
Outfit #2: Brighten up your work-day! Spring is all about the brights! Bring some fun color into your work wardrobe, while still remaining sophisticated and work appropriate by contrasting this skirt with playful shades.
Topshop White Linen Waterfall Jacket, $84
Zara Satin Finish Blouse, $60
Tory Burch Eddie Ballet Flats, $178
Rane Teardrop Pendant Necklace, $75
Outfit # 3: A lady in the street date night look! Pair the Alice + Olivia skirt with a lacy top and platform sandals so a sweet ladylike look. An understated cocktail ring and peachy glow finish this ensemble off to perfection!
Joie Fanny Ruched Lace Top, $198
Calvin Klein Alex Platform Sandals, $158
Belle Noel Nugget and Ivory Ring, $25
Nars Cream Blush- Enchanted, $27
Outfit # 4: Weekend Casual. A nautical striped tee, funky flats and a cool fedora tone down this skirt for an easy breezy casual weekend look!
Forever 21 Frenchie Knit Top, $17.80
Jeffrey Campbell ‘Bottle’ d’Orsay Flat, $110
Pins and Needles Straw Fedora, $24
Hive & Honey Tassel Pendant Necklace, $36
Outfit # 5: Edgy Night Out. Even though the skirt has more of a feminine and polished look for a leather piece you can still achieve that edgy leather look by teaming it with bold, statement-making pieces. A bright pink pout is the perfect finishing touch for this sweet and sexy look.
Outfit # 6: Finance Professor Chic. In case you felt like channeling not only my finance professor’s financial prowess, but also his outfit of choice, pair the skirt with a classic white button up shirt and a schoolboy blazer. Give the look a bit of an edge with distressed oxfords and an oversized boyfriend watch.
– SARA STERNBERG