MoneyDon't Waste Your Money


Consider renting clothing so you don't waste your money

Lindsay Patterson
Posted at 6:18 PM, Feb 17, 2020
and last updated 2020-02-17 20:48:13-05

Need a new outfit?

A dress, shoes and handbag can add up.

But you can have a new outfit for every event without breaking your budget.

Seeing all those stars shining on the red carpet at the Oscars and Golden Globes in recent weeks was an eye-opener.

Many women would love to dress like that, but don’t have the money for designer duds.

But there might be a way to upgrade your wardrobe on a budget by renting your outfit!

What woman doesn't dream of shopping like Julia Roberts in "Pretty Women?"

But most of us don’t have Richard Gere's wallet.

So you may be interested in the hottest new outfitting trend: renting your wardrobe and handbag.

"I think it's a great idea, like recycling handbags.”

Another person was just as excited.

"If you are the type who likes to switch it up, yeah it's a good idea!"

Lindsay Patterson is a sideline sports reporter.

A single outfit could cost hundreds.

“I thought how I am I going to save money,” Patterson said. “Because I am team cheap, and I'm always looking for ways to save money, and change my outfit out."

That's when she discovered "Rent the Runway" which rents full outfits and accessories for as low as $30, or four rentals a month for $89.

"What I love about it is the quality is amazing,” she said.

Lindsay now wears a different outfit for every soccer match she covers.

"I got a red dress on there for about $30,” she said.

And she doesn't worry about fit.

"If one of my dresses doesn't fit, they give you another size, a 4 or a 6 and if there's something that didn't fit right, they will overnight you one,” she said.

Wherever you need to go: work, a dinner, or party...why buy an outfit...when you can rent it?

Besides Rent the Runway, other sites include Le Tote, Armoire and Gwynnie Bee.

And it’s not just dresses.

Fashion blogger Megan Fenno, who owns a mobile accessory boutique, says handbag rentals sure beat an old purse.

"If you are going to a holiday party and you want a sequined bag, instead of spending a lot of money on it, you can just rent it,” Fenno said. “Because how often would you use that again?"

At Bag Borrow or Steal, designer bags rent for as little as $40 for a weekend.

Bag Romance is another good site.

Great new fashions, without Richard Gere's bank account.

Sure, this is not for frugal shoppers, who prefer consignment shops and thrift shops.

But if time is tight, consider renting so you don't waste your money.