Ways to Save Big Money on Luxury Items

Everyone has those things they love but that don’t always fit in the budget. Maybe yours is a fancy cup of coffee or the fact that you’ll only drive Toyota cars. Perhaps you’re the type who gets her nails done weekly or needs help updating her roots. No matter what your ways to pamper yourself are, luxury items aren’t always at the top of the priority list. The great news is that there are ways you can save big money on luxury items, including things like going on vacations, spa days, and even getting new jewelry. Here are some of the top ways to save big money on your favorite luxury items.

Fake It

Fakes are not the worst thing in the world. While getting fake Prada is probably a no-no, getting gemstones that look real, but weren’t exactly mined like the real thing can be a great way to enjoy luxurious jewels. Lab grown diamonds have all the same qualities as mined diamonds, except they were created in a petri dish instead of a dark cave somewhere.

These creations are just as beautiful and shiny as a real diamond, they just didn’t come from the ground the same way. This not only benefits your wallet when you get a new pair of diamond earrings, but it also helps people. Some diamond mines use less than humane practices with the people who mine them. Buying lab-grown means you won’t be part of those humanitarian abuses.

Coupon It

Did you know you can find discounts for even the most high-end spas online? You can also get discounts on your favorite retailers who sell the best brands. Finding luxury items means that you simply wait for a good sale, a coupon, or other option. Sadly, there haven’t been too many coupons yet for a nice Lamborghini, but I keep watching and waiting. Coupons are good for so much more than your weekly groceries. Look for discounts by signing up for email lists and so much more.

Buy From Outlet Malls

Outlets are a great way to purchase luxury goods at a discount. Some of these items have minor defects or simply were not sold before the new products came in. Buying from outlet malls means that you can often find your favorite luxury brands for less. If you have your eyes on a new purse or pair of heels, sift through the beautiful finds at an outlet store. You’d be amazed at the huge discounts you can get by shopping this way.

Rent Your Clothes

If you’re the kind of person who loves to wear designer clothes, why not rent them? You can find amazing outfits through companies like Rent the Runway which offers clothes through the mail. You can select outfits to rent and then send them back when you are done. When you want to wear something high-end for a special event, there is no need to spend hundreds or thousands of dollars when you can simply pay to borrow an outfit from one of these companies.

Buy Pre-Owned

While everyone loves something new, you can score some incredible luxury items if you’re willing to buy second hand. Apps like LetGo and thredUp are both great places to look for bargains on luxury items. You can find almost anything on these apps and most clothes are barely worn. Accessories are also found on these apps. You’ll discover shoes, belts, jewelry, and more.

What About Luxury Vacations?

Finding discounts on luxury accommodations can be a little trickier. If you want to spend a week away in some exotic location with the best hotel money can buy, you’ll need to get creative. While not directly a discount, leverage things like a cashback credit card to save up for these kinds of things. When you put all your expenses on your card and then pay it off at the end of the month, you’ll get big rewards and be able to save for your vacation much more quickly simply by spending money you already planned to spend.

Living a luxury lifestyle on a budget is possible. You may need to find luxury brands on sale, at outlets, and even second-hand. But if you love the look and feel of a Coach purse, there is no need to say no to one, you simply need to find a different way to afford it.