How to Avoid Buyer’s Remorse

June 11, 2013 | By | Comments (2)

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Deliberating a purchase? The next time you’re staring at a pair of $100 heels or a $350 cocktail dress, use the cost per wear (CPW) to help you decide whether or not it’s worth it. For example, $170 may seem expensive for a pair of jeans, but if you’ve found the perfect fitting pair and you’ll wear them three times a week, then within a year the CPW on that pair of jeans is just over $1. Pretty reasonable for jeans that make you feel great and are of good enough quality to withstand all that wear, right?

Of course, the CPW changes per item and according to individual needs (you might not wear a cocktail dress three times a week, so a reasonable CPW for fancier items might be higher). Break down purchases in your head like this as you shop, and it will be much easier to spot smart investments.

COMMENTS

  1. Kittenese

    Definitely something to consider when selecting wedding attire.

    June 14, 2013 at 1:11 pm
  2. Frances

    I use a similar strategy for all my shopping, whether for clothing or for household items. When I think about it, the cost per use of my kitchenaid stand mixer is now much lower than the $10 juicer I picked up from a yard sale and have yet to take out of its box…

    June 19, 2013 at 9:45 pm

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