There are many of us that love luxury fashion (including myself) and many of us that are able to actually purchase it and many times purchase a lot of it. But currently I’ve been seeing this wave of buying luxury items and brands such as Gucci, Louis Vuitton, Fendi, Moncler, Canada Goose etc. just because it’s popular right now and it’s what everyone else is buying, but not actually because you like it and it’s something that you’ve wanted. SO if no one else has told you I am here to tell you that if you’re buying something very expensive just because it’s popular or that particular item is trendy then that is a horrible purchase already. Rule number one of buying luxury from the ShaKayla Eaddy Fashion Handbook (it’s not a physical thing but trust me it’s very real lol) is that if you can’t pull it out in ten years then it was a waste of money.
All of your luxury pieces should be investment pieces, especially if you’re just starting out your collection. What I mean by investment piece is that it should still be worth something in 10 years, you should be able to pass it down for generations and it still be timeless, you should be able to put it up and bring it back and it be a vintage item to die for, because if it’s just something that’s currently trendy and will probably never come back in style put it back. If you’re buying your first expensive bag or pair of shoes get it in a neutral color and put back the new lime green design because you’ll probably never wear it. If there is something popular out right now that you want from Fendi because you want to be like everyone else, put it back and save up your money for that Chanel bag that will always increase in value. These exact situations are why I will save my money to get the Chanel bag I want or rather wait and get an Hermes Birkin over a Gucci bag because those are what I really want and those are the two brands that you will always get a return on your investment if you decide to sell it or want to pull it out in 10 years or pass it down. Save up for what you want don’t splurge because everyone else has it.
Tips when buying luxury:
As I previously stated I would save up for Chanel or Hermes over Gucci and Louis Vuitton and yes they cost more but they are smarter purchases and always remember quality over quantity.
Buy Neutrals first and fashion colors and pieces last, don’t buy an orange Chanel bag first but you don’t even have a black or nude pair.
When buying luxury shoes you can invest in a good nude or black pump from Christian Louboutin, Jimmy Choo, Manolo Blahnik etc. then once you build your basics you can branch out.
Always think class and timeless not flashy and trendy, because classic never goes out of style.
Make sure that you are able to get as much wear out of your pieces as possible because you paid for it, so maybe it’s a better idea to get the brown bag over the baby blue.
I hope these tips helped you if you’re interested in buying luxury but didn’t know where to start or helped you to make better and smarter purchases in the long run. It’s your money so spend it smart.