Defining investment pieces

Hi there!  I know it's been a while since I've posted but thanks to the COVID-19 pandemic, I figured what better time than now to revive this blog while we, like many others around the world, have been staying at home in order to do our part to help flatten the curve.

As you may remember, I quit working almost two years ago in order to focus on finishing up coursework for my Bachelor of Arts in Communication.  I finally did finish and graduated back in December.  Obtaining my degree was a life goal of mine that I never felt I would achieve but with the encouragement of friends and family, I was finally able to check that goal off my list.  It was not easy and it came with some sacrifices but it was totally worth it.

 

Since graduating, I had been searching for a job.  I had several promising interviews but got passed over for more qualified candidates.  At the time, I was disappointed but now that the cities and counties around us have issued stay-at-home orders, I now see that those rejections were preparing me for this time.  I cannot imagine having to learn a new job, working from home and trying to help Nathan navigate through the distance learning process.  Now I can focus on helping him adjust to distance learning and maintaining a sense of normalcy for him.  J's job already had the infrastructure for teleworking and his job is business as usual.  Me being home has enabled him to focus on his work.  Thoughts and hugs to my friends and readers who are having to work with kids at home or those that have lost jobs due to this pandemic.

Okay, while I could go on-and-on updating you, I will spare you.  Now onto the more lighthearted and fun content.  If you read fashion blogs or follow Youtube Vloggers, you may notice them talk about the concept of 'investment pieces'.  The havoc that COVID-19 will likely have on the world economy has made me rethink my spending habits and I thought I'd share what criteria I use to determine if an item an investment piece.  

1.  The definition of investment pieces is different for each person 
I've been reading fashion blogs for a long time and love getting inspiration from them but I always hated when they would inevitably say what pieces every closet should have as 'investment pieces'.  I believe that the definition of what constitutes an investment piece will differ from person to person based on their personality and lifestyle.  What I may consider an investment piece may not be something others would.  For me, I consider good jeans an investment piece because it has always been difficult for me to find jeans that fit well because of my height.  I also invest in luxury bags because I feel that my bags can transform my outfits with minimal effort.  Yes, the upfront cost may sting a little but with proper care, I expect my luxury bags to last years, even decades.  The cost per wear makes these items worth the cost for me.   Currently, the price per wear is low on all my bags because I am not wearing them out anywhere.  So with that being said, I don't see the need to buy any new contemporary or luxury bags at the moment.  I do not spend a lot of money on other clothing items because the items I love are often trendier pieces and I can usually find similar pieces for more affordable prices.  Some people consider shoes investment pieces.  While I will admit that I love shoes, I know that I would destroy them.  I can't tell you the number of times I have gotten upset after ruining a brand new pair of heels by getting one stuck in a sidewalk crack or a threshold.  At some point in the distant future, I may splurge and buy myself the Valentino Garavani Rockstud Slide Sandal because it's a more casual style that I can see myself wearing to run to Target.  I also like that it has a chunkier heel that can't get stuck in a sidewalk crack.  The chunkier heel would also be easier to walk in and that's a plus with my funky feet and bad ankles.


2.  A high price tag does not an investment piece make
There is a misconception that just because an item costs a lot of money that it is considered an investment piece.  And I have seen over the years that some people will buy limited edition items with the idea to turn around and sell them on the resale market at an inflated price.  For me, an item doesn't have to cost a lot and comes down to the cost per wear I get for an item.  So say I buy a $3000 bag but only carry it six times a year.  The cost per wear doesn't justify the price of the item for me.  I've also bought the Time and Tru Golden Goose dupe sneakers and the price per wear is well worth it for me.  Which based on how much I wear the dupes, I could possibly justify spending $500 for the real deals.  But I'll say that I'm perfectly content wearing my Time and Tru versions that I don't feel the need, especially in these uncertain times, to spend the money on them.  I know a lot of people are anti-fast fashion but if I like an item but don't feel like spending the money on it, I try to determine why I like it.  Is it the shape?  The color?  The function?  Based on the answers to those questions, I can usually find similar items for a fraction of the cost that won't give me heartburn or buyer's remorse.  Case-in-point is my recent purchase of two Coach Cassies.  I fell in love with the size and functionality of my Louis Vuitton Pochette Metis in reverse canvas and would have loved to add one in the empriente leather to my collection but I couldn't justify the purchase due to the price.  Then I saw some Vloggers rave about how the Coach Cassie was such a great alternative to the Pochette Metis.  I loved that it had even more pockets than the Pochette Metis and that it was all leather for a much more reasonable price of $350.  So I grabbed a few when I have seen them on sale.  



3.  Investment pieces can change over time

Taking this last year off from working to finish school has taught me that the term investment piece can change over time.  When I was working, my idea of investment pieces were jeans, shoes and workwear.  But now that I'm not working, those work pieces I purchased as investments are sitting in my closet collecting dust.  I'm in slight denial thinking I have a bunch of timeless silhouettes and textures that will still be wearable when I re-entered the workforce once I graduated.  J on the other hand is already anticipating (and budgeting) that we will need to do a partial wardrobe overhaul.  It doesn't help that several items will not fit when I begin working again due to losing 15 pounds in the past year-and-a-half.

So this begs the question, does it make sense to continue calling items investment pieces?  What are your thoughts about the term investment piece?  Would love to hear your thoughts.  Thanks for reading and hope everybody is staying safe during this time.







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Hi!


I'm a 36 year old full-time student, runner and shopaholic (not necessarily in that order) mom living in the burbs surrounding the beautiful city of Austin with my husband, our very active 9 year old and our rescue dog Buddy. This blog is my little space of the internet where I let my ADD run loose and I blog about...anything.

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