Clothes, whether they be designer or not, can eat up a lot of your hard earned money. We pay a premium to dress well, look nice and feel good in what we are wearing.
Though have you ever taken stock of just how much money you spend on fashion? Buying new shoes? Buying new jeans? Buying new dresses? There is so much involved in looking nice these days that it feels like an endless black hole of spending and probably a large reason that many women find themselves in horrible credit card debt (speaking from experience!)
For those of you who subscribe to this blog, you will probably know that I am a male – though this doesn’t make me any less experienced on this topic. Whether you are male, female or even canine – fashion can eat up your credit.
So how can you reduce the cost of fashion?
I stumbled across a great concept this morning online, a website that rents and borrows designer items to women (and men) for a whopping discount of what it would cost to actually buy.
To some, the idea of borrowing or renting a designer dress or designer bag may seem absurd. Though when you do the maths on it, it is actually an amazing way to save money.
A dress that might cost $600, can be rented for 1 week at $60. Yes you won’t own it after, but were you ever actually going to wear that dress another 10 times to even remotely cover the costs? If you are anything like my friends, odds are you won’t.
The savings are huge for renting dresses
So on the assumption above, you have just saved yourself $540 cold hard cash (or credit). Imagine what you could do with that? You could fly to Melbourne, return, stay a night in accommodation and still have change to buy a coffee in a laneway while you judge and admire the fashion of passer bys.
Renting designer dresses & renting design bags
You are probably wondering how such a setup would work? The answer is easy really. Find a dress you want in store, look at these renting dresses websites – pick the same dress, the size and 2-3 days later it is found resting peacefully on your door step.
All you have to do is take care of it, enjoy it, package it back up in a prepaid envelope/parcel and send back to headquarters.
So how do I rent a dress or other designer clothes?
The savings are huge. Why not consider using that money wisely, putting it in a high interest account or making a lump sum repayment on your mortgage or credit card?
Tell us your experiences below, drop us a comment
Have you ever rented a designer dress? Tell us the good, bad and in between of this new craze.