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.