The Fashion Police have always maintained that we like to keep our money where we can see it: hanging in our wardrobe. We know, however, that the current climate of economic gloom, job losses and banks going bust has meant that many people have had to cut back on their fashion spending and look but not buy.
What about you? Are you spending more or less on clothes, shoes and accessories? Have you been affected by the credit crunch, or, like Katie Price, seen here shopping up a storm at Kitson recently, are you continuing to shop while you still can?
Tell us in the poll you’ll find under the jump!
I’ve cut back spending but mostly because I’ve started school and I’m not making the same paycheck as I was 4 months ago
My finances have been improving lately so I’m actually spending more. Should they decline, I will economize in utilities and other household expenses first before cutting into my fashion budget. Like they say, it’s all about prioritizing and I put clothes before anything else.
Well I have dependents so they come first… If I didn’t have them, it’d be fashion all the way!
I am trying to be more careful, though as a student, I already have to be more frugal than most! In truth, though, the main thing curbing my spending is the realisation that I already have too many clothes and cannot justify more
I haven’t been spending as much on clothes, but it’s not really because of the economic crisis. I still have my job and I’m making as much money as ever, and I have a relatively good amount of job security. I haven’t been spending as much simply because lately I haven’t had as many gaps to fill in my wardrobe, and I’ve been burnt out on shopping from not liking a lot of what’s in style now. I’ve been spending more going out to eat, though!
I still spend money, but I am a little more frugal. Not much, but still…
Most definitely. I find myself passing on clothing I wouldn’t have passed on before. I just can’t afford them. My shoe collection has definitely been a major victim of this financial crisis!
Ive been buying more second hand games for my ps2, rather than clothes now…..got too much…
I’ve never spent a fortune on clothes anyway, and i’ve had to stop buying shoes because I have too many lol – but this decision would have come without the credit crunch.
I’ve noticed that my money doesn’t stretch as far now though with petrol prices & gas/electic bills rising. I tend to cut back on nights out & have more girly nights in with friends and a bottle of wine (helps my buying clothes for nights out budget too!)