MoneyMinding Monitor

Spring Shopping - you can do it with a plan!

The other day, through a great service I subscribe to called PR Leads, a question came in about spring shopping. Has the economic downturn affected our shopping habits, the freelancer wanted to know.  Are we investing in value, holding off on buying, making “trendy” purchases because they are less expensive?  Here is my reply:

 I have already done some guilt free spring shopping this year and bought some terrific clothing and accessories to add to my wardrobe.  My secret is to plan ahead with my shopping and my spending plan, then take cash and look for high value at a big discount.   This time of year, stores frequently pull out last year’s spring inventory from storage and put it on the clearance racks.  In my neighborhood, which has some upscale boutiques, those racks can feature beautiful “investment” pieces for up to 90% off.  These are pieces which don’t lose their value because they are classic, not trendy.   And, if money is tight and the financial spending plan is new, I have also learned how to add pizzazz and versatility to a wardrobe with accessories like necklaces, scarves, belts and funky shoes bought in the clearance department without a big investment so you can take advantage of the trends.  These are techniques that work in both good times and bad – a recession-proof way to maximize your shopping power!

Posted in Tracy's Thoughts, Uncategorized | No Comments »