If you’ve been a reader for a little while, you may know that I am a bit of a lover of luxury. Over the years, I’ve amassed a small collection of designer goods that I am very proud of and have been *mostly* well thought through. I’ve only made a couple of luxury blunders in my time and it’s allowed me to learn by my mistakes to ensure that I never make them again.
And of course, I’m here to impart my wisdom on you and help you to make really smart investments. I find that my following these rules I don’t ever make the mistake of buying a luxury good that is not worth its investment.
1 – Wait 6 Months
I feel like it can be so easy to fall into trends and jump on bandwagons when products go viral. I’ve fallen privy to a designer trend in the past and I’ve learnt what a waste of an investment it can really be. I’ve now given myself a 6 month rule to ensure that I don’t ever make any impulse purchases that don’t age well. If I still love the product/s after 6 months, then I can think seriously about making the investment. I find that way, I am stopping myself from making quick purchases that I might get bored of after a few months and ensure I’m only making investments into pieces that are going to last a lifetime.
2 – Colour Is Important
Another hard lesson that I have learnt about investing into designer goods is that colour is more important than you ever may think. Neutral colours are a MUST for me – as much as I love adding a pop of colour here and there, luxury items aren’t the products to start experimenting with colours. If you want the bag/shoes/jacket to really last the test of time, a more classic colour is so important.
3 – As Is Style
Another mistake I have made in the past is investing in a style that I haven’t used much in the past. Investing in a style that is very you and something that you use daily anyway is so important. Whether you’re a crossbody bag girl, you wear heels on the daily or you’re a trainer lover, invest in what suits you more. There’s no point in investing in a luxury pair of heels if you spend your entire life in sliders. My best advice is to stick to highstreet in the style that you love and when you know it’s the one, look at making a bigger investment.
4 – Can I Afford It?
One of the biggest things that I cannot stress enough is that you should never stretch yourself thing just for a bag or a pair of shoes or anything luxury. I would never want anyone to abuse credit cards, go into overdraft or spend money they don’t have.
Only ever make an investment if you have the disposable income that allows you to do so. Save up for the investment, sure, but don’t ever get yourself in trouble for it.
