After reading a fascinating piece on finance and the fashion blogger via The Redhead Fashionista, I was struck by the sheer volume of fashion and style bloggers who feel just like I do - pressured into spending to keep up with our richer counterparts. In these credit crunch times, when being in the red is oh so 2007, why do we continue to buy our way into the fash pack? And does it actually work? Do more pennies really equal more style points?
The rate of consumption displayed on so many fashion blogs (including my own) often astounds me. Closets overflowing with couture, shoes stacked pair upon pair, It Bags from seasons past sitting forgotten and forlorn - a financial history at a glance. And a new, up-to-date, on trend and on your credit card outfit is worn once, only to be banished afterwards because real fashion is never repeated. But how long can bloggers like me, on a modest wage with rent and food to factor in, afford to sustain a fashion lifestyle to rival Carrie Bradshaw's - a girl who once went without food to buy Vogue?
The simple answer is, we can't. One credit card and an overdraft later, I took action and consolidated my couture commitments into one easy monthly payment. I'm still paying for my Steve Madden leather jacket, my Zara floral dress and my Fossil handbag, but at least I'm not controlled by the need to craft my closet.
I still overspend, I still have debt and I still have a wardrobe that's far too fat for its own good - remember the Fashion Diet? But I'm becoming a thrifter, rather than a spendthrift. I'm learning. Which seems a ridiculous statement to make, aged 24, but hey. At least I have enough dresses to last 'til I'm 30 (and you can quote me on that. Maybe. I can't promise I'll listen).
How do you feel about fashionable finances? Are you a beautiful budgeter who saves for her handbags? Or would you spend a month's rent on a Burberry raincoat? And if you're a fashion blogger, do you feel the need to keep up with fashion's most fickle mistress - the trend? Do tell.
PS - Here's proving beautiful clothes don't have to leave you homeless - this 100% silk dress was just £2.99...