Tag Archives: toonie

The Secret to Buying Anything is Cost-Per-Wear

Sometimes I get things for free. But most of the time, I’m shelling out my hard-earned cash for clothing items I desire.

As a minimalist, I try to buy quality because it is usually long-lasting – but sometimes quality = expensive. Worry not! There is a way you can buy anything you want, as long as you follow this one rule:

Aim for the cost-per-wear to be $2.

If you feel strongly you can achieve that, then go ahead and buy anything from a diamond ring that costs $2000 (cost-per-wear is $2 in less than three years) or a designer bag that costs $300, like this Rebecca Minkoff satchel:

gold

As long as I use that bag once a week for six years, I’m good to go!

Sherry, from Save. Spend. Splurge. has been using the Stylebook Closet App to track the cost-per-wear of her purchases:

stylebook-app-style-stats-25-best-cost-per-wear

Photo from Save. Spend. Splurge.

I love having a way to justify my expensive desires, however infrequent. I find it very useful to shop with this strategy and it’s perfect for my minimalist needs.

Do you ever calculate cost-per-wear? What’s your number? Is $2-per-wear a good goal?