This morning I was watching the news and one story caught my attention. The headline was about cotton prices rising. I listened a little closer and then I started digging for information.
Apparently the price of cotton has doubled over the last year and many manufacturers are not going to be able to maintain current prices of clothing because of it. The reason the price has doubled is because of horrible weather conditions in the crop growing countries of China, the U.S., Pakistan and Australia. Then there have also been restrictions on exports from India, the world’s second largest exporter of cotton. And on top of all that, the demand for cotton has risen with the improvement of the global economy.
Bottom line is that we, the consumers, will pay higher prices on spring clothing and then possibly higher prices in the fall.
What are some ways to save on clothing then?
Below are some tips for buying clothing a little more frugally:
· Sign up for texted discounts from your favorite stores.
· Use the coupons and “fashion bucks” you get from stores.
· Shop at your local consignment stores.
· Consider the quality of your purchases. Clothing that is of a higher quality will last longer and your price per wear will make it a better bargain.
· Ask yourself if you really love the item before purchasing it.
· Pick and choose very carefully what “trendy” items you will buy.
If you have a solid wardrobe consisting of basic classic pieces, then you don’t have to spend a lot of money to freshen it up with a couple of new pieces for the Spring season. Basic classic pieces being items like mid-rise boot-cut dark wash jeans; A-line skirts, fitted jackets, mid-rise trousers with wide waistbands, etc.
You can still have a great wardrobe on a budget! You may just have to spend a little extra time looking.
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