Financial Planning for a Fashionable Lifestyle

Who doesn’t want to live in the lap of luxury, buying brand names and staying on top of the latest fashion trends? To achieve this lifestyle, you have to be smart with your money. 

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Who doesn’t want to live in the lap of luxury, buying brand names and staying on top of the latest fashion trends? To achieve this lifestyle, you have to be smart with your money. 

In 2022, consumers in the US spent an average of $1,945 on apparel and apparel services. The number highlights the importance of fashion in the lives of many Americans. This post aims to uncover how financial planning helps sustain a fashionable lifestyle. 

1. Budget Smart

Budgeting is more than just keeping tabs of your income and expenses (although that’s a good starting point). You also need to have a clear idea of your financial goals. Are you setting money aside to travel, buy a new designer outfit, or treat yourself to a meal at a Michelin-star restaurant?

Knowing what you’re budgeting for is a great motivation to keep you on the right track. 

If your goal is “to live in luxury,” you might have to shift your mindset. Although it can be tempting to buy the latest collection from Dior as soon as it’s available, convince yourself that your priority should be long-term financial security and not instant gratification. 

2. Make Good Investments

Even if you know nothing about investing, there’s no time like the present to educate yourself and get started. Many mobile apps and online investing platforms are available, with resources to help you navigate the financial market. 

For beginners, it’s a good idea to diversify your investment portfolio. Invest in stocks, mutual funds, high-yield accounts, or even real estate. 

If you’re more experienced and willing to take risks, you should consider online options trading. It’s risky, but the payout is worth it if you make smart choices. 

If you’re unsure how to begin, it’s worth getting involved in community forums related to investing to learn from the experts. 

3. Pay Off Debts

If you have any debts, you should repay them as quickly as possible. When you budget, you’ll probably notice where you have extra money to put toward paying off your debts. 

Pay off the high-interest debts first, as these will drain your financial resources the most. 

This is a long process, but planning your repayments and being smart with your money can help you save for luxury experiences. 

4. Look for Deals and Discounts

There’s no shame in saving money where you can. Luxury doesn’t always have to mean buying the most expensive item. 

Always look for discounts and specials on the products you’re interested in. Keep an eye out for end-of-season sales, use vouchers or discount codes, and sign up for membership clubs to save a penny here and there. 

Being smart with the luxury items you buy can help you cut costs while still enjoying the finer things in life. 

5. Create an Emergency Fund

No, we don’t mean a fashion emergency. But it’s important to have money set aside for unexpected expenses, like fixing a broken appliance or covering medical bills. 

A safety net can help you avoid credit card debt if an emergency arises. It’ll also help you maintain your standard of living. 

6. Adapt Your Lifestyle

You don’t have to give up on luxury living, but you can shift your mind to a new definition of luxury. 

Instead of eating out at expensive restaurants, you can buy luxury ingredients and create a feast at home. Instead of buying new clothes each week, save up for luxury experiences once a month. You book that dream vacation during the off-season. You’ll still get to see all the sights and indulge in the cuisine. Plus, you’ll save on flights and accommodation. 

When you spend on moments, not things, you can manage your budget and live a full life. 

7. Consult a Financial Advisor

If you can’t curb your impulse spending, it’s a good idea to contact a financial advisor. These experts can offer you insights into how to budget better, where to invest your money, and where you should cut back. 

Their goal is your goal – to help you achieve a luxurious life within your financial means. 

8. Regularly Review Your Strategy

Finally, your bank account is growing, and that one item you desire is within reach. But just because your financial strategy works doesn’t mean you’re set for life. 

You need to constantly reassess your spending habits and educate yourself on market trends and how you can improve your investment portfolio. 

This will help you stay on track toward your ultimate luxury life. 

Final Thoughts

Living a life of luxury is not just about owning the best clothes and traveling to Instagram-worthy destinations. You also need to be smart with your money. 

By following the eight strategies above, you can treat yourself to the finer things in life while still having money for the future.

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Beyonce Promotes Cowboy Carter in a Chloe Oversized Plaid Cape and A Linda Martell Color Me Country Tee available at Fashion Bomb Daily Shop!

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Beyonce recently posed for the ‘Gram in a $13,390 Chloe Plaid Cape Coat, Chloe Shades, Prada Shorts, and a $39.99 Color me Country Linda Martell tee, a pioneering black female country singer you should know:

Linda Martell is a staple in the country music world. She was the first black solo artist to perform at the Grand Ole Opry and in August 1970, she released her only album, Color me Country:

Beyonce paid tribute to Linda Martell on her Cowboy Carter Album with the song “The Linda Martell Show” and also featured Martell on her song Spaghetti. She continues to pay homage to black country icons with her style, ushering in an era many call her most fashionable yet:

Grab Beyonce’s tee at FashionBombDailyShop.com and shop the rest of her look below:

Thoughts?

Fashion Bomb Couple: Kanye West and Bianca Censori Stepped Out in All White Yzy Looks for Ty Dolla Sign Birthday

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On Wednesday evening, Kanye West and his Australian wife Bianca Censori stepped out for rapper Ty Dolla Sign’s birthday extravaganza in Los Angeles.

The couple who continues to make headlines for their unorthodox outfits, opted for all white YZY looks that was unlike the darker garments we’ve seen them in as of late.

Yeezy kept things simple in a white tee, with white sweatpants, and classic yellow Timberland boots.

Bianca on the other hand, showed cleavage in a white YZY mini dress that had a deep plunge neckline, and statement shoulders. We know Bianca loves a good clear heel, and for the occasion she accessorized with black and clear open toe heels which has been consistent with her risqué attire.

This white dress was very on brand with the YZY Architects style, as Bianca has proven that she is unafraid to bare it all and highlight her feminine attributes.

What say you? Was this fashion bomb couple’s look Hot or Hmm…?

Photo Credit: Backgrid Images

On the Scene: The Fashion Trust U.S. Awards featuring Kelly Rowland and Liza Koshy in Harbison Studio, Karrueche Tran in LaQuan Smith, Janelle Monae in Sergio Hudson & More!

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The trailblazers and changemakers in the fashion industry gathered together Tuesday evening in Beverly Hills to celebrate The Fashion Trust U.S. Awards.

The nonprofit organization which is two years in the making, was created to help discover, and fund top design talent through resources and capital initiatives.

From designer Charles Harbison being awarded with the ready-to-wear award, and Batsheva Hay of Batsheva being honored for their sustainability work, to MoAnA Luu winning the jewelry award, this ceremony was about recognizing the creators who are marking a new path.

According to the Business of Fashion, “Winners received grants that totaled nearly $500,000 across the six awards, which were funded by Google in the Ready-to-Wear and Inclusivity categories.”

Of course, some of the most fashionable celebs arrived on the red carpet in their most elegant attire. Such as Kelly Rowland and Liza Koshy, who represented in Harbison Studio with their over-the-top ruffle gowns.

Paris Hilton and Laura Harrier looked seductive in Mugler, while Janelle Monae exuded power in a red Sergio Hudson suit, and Karrueche Tran brought sexy back in a black LaQuan Smith number.

Ahead, see the celebrities who showed up and out on the red carpet at the 2024 Fashion Trust U.S. Awards below!

Kelly Rowland in Harbison Studio

Paris Hilton in Mugler

Andrea Day in Zuhair Murad

Karrueche Tran in LaQuan Smith

Davine Joy Randolph on Rahul Mishra

Liza Koshy in Harbison Studio

Janelle Monae in Sergio Hudson

Kelsea Ballerini in Zuhair Murad

Laura Harrier in Mugler

Photo Credit: Getty Images

Monica Performed at Nicki Minaj’s Pink Friday 2 World Tour in a Yellow Louis Vuitton SS24 Fur Coat

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If there’s one person that fashionistas can’t get enough of, it’s Monica and her fabulous style over the years.

The ‘So Gone’ singer performed at Nicki Minaj’s Pink Friday 2 World Tour over the weekend and looked ultra chic in a yellow Louis Vuitton SS24 fur coat.

Designed by Creative Director Pharrell Williams for Louis Vuitton’s Spring 2023 Men’s collection, the long shearling fur coat is made from lambswool, and made to order.

The stunning LV coat has contrasting allover Monogram signatures that have been crafted using an intarsia technique. The silk lining gives this coat a luxe and elevated appeal.

Monica kept things monochromatic with a yellow leather bodysuit underneath and yellow thigh high boots.

Not only was her look up to par but was so her glam which consisted of a bronzy eye-shadow and matte nude lipstick. Her 26-inch mocha hair was down to her bum, and was perfect for such a statement look.

What say you? Hot! Or Hmm…?

Photo Credit: IG/Reproduction

Kim Kardashian and Northwest Spotted Courtside in All Black Balenciaga Outfits

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Fashion mother & daughter duo Kim Kardashian and North West were spotted courtside twinning in all black Balenciaga looks at a Los Angeles Lakers game Tuesday night.

With a sunkissed tan from their latest vacation trip to Turks and Caico’s, they both exuded a radiant glow. We have to admit that ‘Miss Miss Westie” is beautifully growing up before our very own eyes.

The 10-year-old who resembles her father Kanye West, rocked a leather oversized bomber jacket, with black baggy jeans, and black Nike dunks. She accessorized with a black embellished Balenciaga fishnet tote bag.

Kim Kardashian, who made headlines for chatting it up with former basketball pro Peter Cornell and actor Will Ferrell at the game, looked gorgeous in a black leather Balenciaga trench coat, with black pantaleggings, and a mini-Balenciaga handbag.

We love how fierce Kim and North looked, and it’s great to see North embracing her own style and individuality, which we’re sure Kim and Kanye have encouraged.

What say you? Hot! Or Hmm…?

Photo Credit: Backgrid Images

Rihanna Stepped Out to Dinner in a Black $650 R13 Hoodie, a $575 Striped Dries Van Noten Shirt, and Brown $4,050 Balenciaga Fishnet Pantaleggings

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Rihanna definitely had “love on the brain” Sunday evening when she stepped out for date night with her beau A$AP Rocky in Los Angeles.

Paparazzi captured the duo stylishly leaving a ceramic painting studio in Beverly Hills called “Color Me Mine,” where they enjoyed a few arts & crafts activities.

For the love bomb outing, Rihanna looked fresh and hip in a $575 white and blue striped Dries Van Noten shirt, that she layered with an oversized $650 black R13 hoodie.

The ‘Fenty’ founder has been opting for pantaleggings since the birth of her second child, Riot. Remaining true to her newfound style, she paired her look with brown fishnet Balenciaga pantaleggings, that retail for $4,050.

In a recent interview with Mel Ottenberg from Interview Magazine, Rihanna mentioned that sometimes she feels underdressed compared to A$AP Rocky. She expressed,

“I be feeling bummy as s*** next to this man. I feel like, goddamn, I look like his assistant. I’m getting on a plane,” the singer said. “We should be in sweats. He wants to be in a full Bottega suit. I’m like, ‘Why you got to do that to me?’”

Taking a page out of A$AP Rocky’s fashion book, RiRi rocked a LA Dodgers New Era Cap which gave Rihanna an urban chic vibe.

We thought Rihanna’s look was youthful, and playful and we adored her mix on prints. Some news outlets have alleged that Rihanna may be expecting again so only time will tell. Either way, we always love her style, and her ability to make quite an entrance.

What say you? Hot! OR Hmm…?

Shop Rihanna’s look by clicking here!

Photo Credit: Backgrid Images

Fashion Bomb Daily Shop New Arrival: Shop the Neon Cowboys Hats in Every Color Here!

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Fashion Bombshells and Bombers we have a new Fashion Bomb daily shop arrival and it’s right on trend for the cowboy summer that’s on the horizon.

Buckle up because there’s a new cowboy hat in town that’s an absolute showstopper. The ‘Neon Cowboys’ hats created by Asia Hall have made their official debut on FashionBombdailyshop.com.

The collection, which consists of light up hats and shoes have quickly gained popularity among many celebrities like Beyonce, Missy Elliot, Dua Lipa and Kesha.

Speaking of Beyonce who recently released her Cowboy Carter album, fans and fashionistas alike have been showing off their best western looks and these ‘Neon Cowboys’ hats have become high in demand, with over 40,000 hats already sold.

Retailing for only $110, on FashionBombdailyshop.com, these high-tech cowboy hats offer 3 different light settings, with foam padding and are water resistant.

With a 23-inch circumference, they fit most heads, and only require 2AA batteries for the longevity of 8-hours.

Whether you choose to wear the hat during the daytime or evening, you are bound to get endless compliments.

What are you waiting for?

Add to cart and shop the ‘Neon Cowboys’ hats at Fashion Bomb Daily Shop before they sell out! Don’t forget to tag us @fashionbombdaily once you purchase for a chance to be featured!

Click here to purchase!

Kelly Rowland Wore a Black Giuseppe Di Morabito Look with a Metal Ashton Michael Bra and Black Ricagno Heels

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Kelly Rowland offered a modern twist on women’s suiting with her metal Ashton Michael cone bra at the Vinivia streaming app launch in Los Angeles last Thursday.

The “Mea Culpa’ star slayed the scene in an all-black Giuseppe Di Morabito suit that had a boxy silhouette with oversized lapels. Her wide leg trousers were high-waisted with subtle pleats that were flattering on her small frame.

Kelly Rowlands stylist Wilford Lenov has been doing an incredible job at ensuring that Kelly looks top notch from head to toe. For her shoe candy, Rowland opted for black Ricagno heels for cohesion.

When it came down to Kelly’s glam, she rocked her signature bob cut, which we all know she can never go wrong with. Her make-up consisted of brown shadows with feathery lashes and a nude lip.

Kelly looked so fierce in this all-black look, and her metallic bra was merrily the icing on the cake. When she stepped outside, she layered her eye-catching look with a leather trench coat that was added more dept to her well-coordinated look.

We absolutely loved Kelly’s look but what say you? Hot! or Hmm…?

Photo Credit: IG/Reproduction

Tblaque Pushes Boundaries with AI-Powered Sustainable Fashion Rooted in African Heritage

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In the ever-evolving landscape of fashion, one designer is making waves by seamlessly fusing cutting-edge technology, sustainable practices, and the rich tapestry of African cultural heritage. Temitayo Alabi, Director of Aberdeen-based fashion company Tblaque, recently unveiled a groundbreaking exhibit that challenges traditional boundaries and forges a path towards a more equitable and eco-conscious future for the industry.

At the heart of Alabi’s innovative approach is the “Creative Gap” project, an initiative organized by the non-profit Black and Scot. This transformative endeavour brought together a diverse array of talents, including AI experts, sustainability gurus, and visionary fashion designers, all united by a shared passion for driving positive change through equity and technology.

With generous seed funding from Aberdeen City Council, in Scotland, the project aimed to unlock the boundless potential of emerging technologies, such as generative AI, while celebrating the profound symbolism and craftsmanship embedded in traditional West African textiles like the iconic Aso-Oke fabric.

“This project has been an incredible journey of discovery and innovation,” Temitayo exclaimed. “By seamlessly blending cutting-edge AI technology with the rich cultural heritage of traditional textiles, we’ve been able to push the boundaries of what’s possible in fashion design.”

One of the standout moments was witnessing the creative prowess of generative AI in action, elevating Tblaque’s design concepts to new heights. The seamless integration of AI and human expertise showcased the transformative power of collaboration and openness to new ideas.

Through an immersive workshop at Robert Gordon University’s Gray’s School of Arts, Tblaque delved into the fascinating world of traditional textiles, recognizing the importance of preserving and uplifting the communities that safeguard these artistic traditions.

Temitayo’s commitment to sustainability shone through in the use of upcycled and locally sourced fabrics from Nigeria, imbuing each garment with an extra layer of cultural authenticity and environmental consciousness. The result was a collection that celebrated the rich tapestry of African heritage while embracing the cutting-edge of fashion technology and sustainable practices.

The “Creative Gap” project culminated in an eagerly anticipated unveiling event at the Aberdeen Central Library on March 27th, 2024, where Tblaque’s innovative designs took center stage. 

Tblaque’s groundbreaking initiative not only highlights their commitment to innovation and sustainability but also their dedication to preserving and uplifting the cultural traditions that have shaped the fashion industry. By embracing emerging technologies and fostering interdisciplinary collaboration, Tblaque has demonstrated that fashion can be a powerful catalyst for positive change, transcending boundaries and inspiring a more equitable and eco-conscious future for all.