Know when to splurge or cheap out

New York: You must splurge on skincare, bags and lingerie. But for products like pyjamas and white t-shirts, you can buy them cheap.

Here`s a list of things you ought to spend extravagantly on, reports huffingtonpost.com: - Tailoring: Good tailoring can make an off-the-rack dress into something special. - Skincare: Moisturisers or cleansers from a nearby drugstore can be the cause of acne or other skin issues. Those with especially sensitive skin should buy natural or handmade cosmetics that work well. - Bags: A cheap bag will fall apart. Besides, people notice nice craftsmanship. - Perfume: You need to spend on a fragrance that doesn`t smell too sweet and lasts long. - Bras: Cheap ones can be scratchy or get stretched out easily. Save money on the following: - Exercise clothes: Don`t cough up money for exercise clothes. Use old t-shirts floating around your house as the workout wear anyway gets stained and sweaty. - Pyjamas: Nothing is more comfortable to sleep in than underwear and a 30-year-old t-shirt. - White t-shirts: White cotton t-shirts never stay white for too long so no point in spending a huge amount on them.