Money

your options. You may find a bargain on something at a boutique or department store that you hadn’t previously considered or wasn’t exactly what you had in mind, Serdari says.

But don’t count out online sales, either. Some designer brands, such as Coach and Michael Kors, occasionally host annual sales on their websites.

You’ll save during these recurring promotions, but Serdari warns that sale sections are often more limited and may contain items that aren’t as desirable. Check for a sale tab on the brand’s website.

Budget for your splurge

Even if you find a good deal on that leather wallet or those cat-eye sunglasses, it’s likely you’ll still be spending a good chunk of money for your purchase, depending on the original price.

Remember to account for your extravagant treat in your regular budget. According to the 50/30/20 budget, needs should take up no more than 50% of your monthly budget, wants get another 30% and savings encompass the remaining 20%.

A luxury item would fall in the 30% category. Ensure you have room for it along with the other expenses that are already in that group like your morning latte and weekly takeout dinners.

With your budget accounted for, go ahead and enjoy the feeling of looking like you paid much more for something than you actually did.