Easy Ways to Fund Those Must-Have Designer Purchases

So, you’ve got your eyes on a brand-new pair of Balenciaga sneakers, but for obvious reasons you haven’t yet splurged on them. Of course, with a pair of designer shoes costing in excess of £700+ and other clothing items having comparable price tags, it’s not exactly easy for the average consumer to just shell out that kind of money for a single component in an outfit. Luckily, with a bit of creativity and persistence, almost anyone can scrounge up and set aside a decent designer clothing budget. For starters, here are five easy ways to fund your next must-have designer purchase:

1. Short-Term Loans

Borrowing money to pay for designer clothing might not be the most responsible thing to do, but it certainly is an option worth considering. Even if your credit score isn’t up to par, you can still apply for bad credit payday loans to get your hands on some quick cash.

2. Sell Your Old Designer Items

While selling some of your old designer items might not be the most appealing approach, since you won’t really be increasing the size of your wardrobe/collection, selling an older piece to fund an upgrade is a common tactic used by budget-conscious fashion enthusiasts. For example’s sake, let’s say you have a 2-year-old pair of Gucci shades that you could sell for £100 online. Even though it might be a loss from what you originally paid, it gives you back some of that value to put towards your next pair of £300 shades.

3. Schedule Bank Transfers to a Savings Account

One of the easiest and most sure-fire ways to save a designated percentage of your income towards a designer purchase is to utilise your bank’s automated transfer facility. That way, you already know that 5-10 percent (or any designated amount) of every pay check is being set aside towards that purchase you’ve been wanting to make. If you make about £700/week and automatically transfer 10% of that to your savings, you’ll have enough for those Balenciaga sneakers in about 10 weeks.

4. Start a Fashion Blog

Writing about your favourite designer pieces could actually help you save up the money to buy them. Plus, as a bonus it will give you a fun hobby you can use to occupy some of your spare time, and you’ll become highly knowledge about the fashion industry in general. Who knows, if you’re a decent writer with a knack for publishing trendy content, you might even find yourself quitting your day job to manage your blog’s content and promotional strategy full-time.

5. Launch a Local Service

If you live in a decently populated town or city, you could probably build up a nice amount towards your designer purchases just by offering local services. Check out this list of the top side hustles to get a few ideas for inspiration.

Set Your Mind to It and Start Saving

Ultimately, any of the above methods will work to get you that new piece of gear you’ve been salivating over, but none of them will work if you don’t stick with it.