Most of us have heard the expression "Less is more" but how many of us actually put it into practice when it counts?
Studies have shown that we only wear about 20% of our clothing on a regular basis, and that we wear each item on average only 7 times. Michael Kors espouses the 'meat and potatoes' rule: 70% of your wardrobe should be 'meat and potatoes' and 30% should be 'dessert'. Asking yourself "Is it meat and potatoes, or dessert?" can really assist with regulating unwise purchases.
Another simple way to make every purchase count is to apply the "Pay per Wear" formula. Pay per Wear (PPW) is a formula applied to each purchase using the cost of the item, divided by the number of anticipated wears, to arrive at the actual cost, or Pay per Wear. To put it more simply: if you were to invest in a quality pair of jeans which cost $285 and plan to wear those jeans every day for the next 365 days, the PPW - comes out at a very reasonable 78 cents - that's less than the price of an ice cream!
Detractors of the PPW consider the formula to be a justification mechanism - and so it may be, but its principal use it to make you consider the longevity of the purchase in the first place, and to steer you away from impulse buys or buying badly made garments that will end up in the Vinnies bag.
PPW is not so much a formula, but a philosophy: buy less stuff, but stuff that you'll feel good wearing. Remember - price doesn't guarantee quality, but low cost doesn't guarantee a bargain either.