Dress & Clutch: Forever21 / Sunnies: Karen Walker / Heels: Jeffrey Campbell

It’s true what they say–fashion doesn’t have to cost a fortune. I love my Chanel as much as the next girl, but over the years I’ve developed a discerning eye for spotting trendy-but-versatile items in shops like Forever21 and Topshop. Knowing when to splurge and when to save is like a science, but when in doubt I vote to splurge on shoes, bags and sunglasses. Since you’ll wear them every day, you get a higher return on your fashion investment. Save on things like easy sundresses, trendy items like this lucite clutch, and chunky jewelry. Together, this dress and clutch were under $50. Score.