Embarking on the journey of How to Save Money on Clothing Sales, we uncover the secrets to smart shopping, transforming the way you approach your wardrobe. This guide offers a fresh perspective on maximizing your budget while curating a stylish collection, ensuring you get the most value out of every purchase. We’ll navigate the landscape of sales, promotions, and smart strategies, equipping you with the knowledge to become a savvy shopper.
From identifying various sales opportunities like clearance and flash sales, to mastering the art of budgeting and price comparison, this guide covers every aspect of saving money on clothing. You will learn how to evaluate clothing quality, leverage online shopping tools, and even embrace the value of secondhand fashion. Furthermore, you will discover how to avoid impulse buys and navigate return policies with confidence, making this your go-to resource for building a budget-friendly, fashionable wardrobe.
Identifying Clothing Sales Opportunities

Saving money on clothing requires a strategic approach, and a key component of this strategy is identifying and capitalizing on various sales events. Understanding the different types of sales, where to find them, and their respective advantages and disadvantages is crucial for maximizing your savings. This section will explore these aspects in detail.
Types of Clothing Sales Events
Several types of clothing sales events offer opportunities to purchase apparel at discounted prices. Knowing the characteristics of each can help you tailor your shopping strategy.
- Clearance Sales: These sales typically occur at the end of a season or to make way for new inventory. They involve significant markdowns on items that are no longer in the current collection.
- Seasonal Sales: Retailers often hold sales at the end of each season (e.g., summer, winter) to clear out seasonal merchandise. These sales can offer substantial discounts on a wide range of items.
- Flash Sales: These are short-term sales events, often lasting for a few hours or a day, with limited-time offers on specific items or categories. They are frequently promoted online.
- Sample Sales: Designers and brands sometimes hold sample sales, offering merchandise samples or overstock items at reduced prices. These sales can be a great way to find designer clothing at a fraction of the retail cost.
- Outlet Stores: Outlet stores, both brick-and-mortar and online, offer discounted merchandise from the brand’s main stores, including past-season items, overstock, and sometimes items with minor imperfections.
- Warehouse Sales: Larger retailers or brands may organize warehouse sales to clear out large quantities of inventory. These sales can offer significant discounts, but selection may be limited.
- Black Friday/Cyber Monday Sales: These annual sales events, occurring after Thanksgiving, feature deep discounts on a wide variety of products, including clothing.
Locating Clothing Sales Events
Finding these sales requires a combination of online and offline research. Being proactive in your search increases your chances of discovering great deals.
- Online Resources:
- Retailer Websites: Regularly check the websites of your favorite clothing retailers for sales sections, clearance pages, and promotional announcements.
- Email Newsletters: Subscribe to email newsletters from retailers to receive notifications about upcoming sales, exclusive discounts, and early access to deals.
- Social Media: Follow retailers and fashion influencers on social media platforms to stay informed about flash sales, limited-time offers, and special promotions.
- Deal Websites and Apps: Utilize deal websites and apps that aggregate sales information from various retailers. These resources can help you quickly identify the best deals available. Examples include: RetailMeNot, and DealNews.
- Offline Resources:
- Store Visits: Regularly visit your local clothing stores to check for clearance sections, promotional displays, and signs advertising sales events.
- Local Newspapers and Flyers: Check local newspapers and flyers for advertisements about sales events, especially for warehouse sales or local boutique promotions.
- Outlet Malls: Visit outlet malls in your area to browse the discounted merchandise available at outlet stores.
Advantages and Disadvantages of Each Sales Type
Each type of clothing sale has its own set of pros and cons. Understanding these can help you make informed decisions about where to shop.
- Clearance Sales:
- Advantages: Deep discounts, wide selection of items.
- Disadvantages: Limited sizes and styles, may include older season merchandise.
- Seasonal Sales:
- Advantages: Good discounts on seasonal items, variety of merchandise.
- Disadvantages: Limited to specific seasonal items, can be crowded.
- Flash Sales:
- Advantages: Significant discounts, limited-time offers.
- Disadvantages: Limited selection, short timeframe, can sell out quickly.
- Sample Sales:
- Advantages: Designer clothing at reduced prices, unique items.
- Disadvantages: Limited sizes and styles, may have minor imperfections.
- Outlet Stores:
- Advantages: Consistent discounts, wide selection.
- Disadvantages: May include older season merchandise, limited availability of current season items.
- Warehouse Sales:
- Advantages: Deep discounts, potential for bulk purchases.
- Disadvantages: Limited selection, may require significant time to browse.
- Black Friday/Cyber Monday Sales:
- Advantages: Wide range of discounts across various retailers, significant savings.
- Disadvantages: Can be very crowded (in-store), items may sell out quickly, and it requires advanced planning.
Comparison of Sales Types
The following table provides a comparative overview of the different types of clothing sales based on potential savings, selection, and the effort required to participate.
| Sales Type | Potential Savings | Selection | Effort |
|---|---|---|---|
| Clearance Sales | High (up to 75% or more) | Moderate (dependent on remaining inventory) | Low (check in-store or online) |
| Seasonal Sales | Moderate to High (25% – 60%) | Good (variety of seasonal items) | Moderate (requires monitoring of sales periods) |
| Flash Sales | High (30% – 70%) | Limited (specific items or categories) | High (requires prompt action and awareness) |
| Sample Sales | High (50%
|
Very Limited (samples or overstock) | Moderate to High (requires knowing event schedules and often, lining up early) |
| Outlet Stores | Moderate (20% – 60%) | Good (wide range of items) | Moderate (regular visits or online browsing) |
| Warehouse Sales | Very High (50% – 90%) | Limited (dependent on inventory) | High (requires significant time to browse) |
| Black Friday/Cyber Monday | High (30% – 70%) | Very Good (across many retailers) | High (requires planning and quick decision-making) |
Planning Your Clothing Purchases

Effective planning is crucial for maximizing savings and making informed decisions when purchasing clothing. By creating a budget, tracking expenses, and prioritizing needs, you can avoid impulsive buys and ensure your spending aligns with your financial goals.
This section provides practical strategies to help you plan your clothing purchases strategically.
Creating a Clothing Budget
Establishing a clothing budget is the cornerstone of smart spending. It allows you to allocate a specific amount for clothing purchases, preventing overspending and promoting financial discipline.To create a budget:
- Assess your current income and expenses. Determine how much disposable income you have after covering essential costs like housing, food, and utilities.
- Review your past spending habits. Analyze previous clothing purchases to understand where your money typically goes. Use bank statements or budgeting apps to track these expenses.
- Set a realistic budget. Allocate a percentage of your disposable income to clothing, considering your lifestyle and needs. Financial experts often recommend allocating a small percentage, such as 5-10%, to non-essential categories like clothing.
- Categorize your clothing expenses. Break down your budget into different categories, such as everyday wear, work attire, and special occasion outfits. This helps you prioritize spending and track where your money is going.
- Regularly review and adjust your budget. Your needs and financial situation may change over time. Periodically review your budget and make adjustments as needed to ensure it remains relevant and effective.
Tracking Clothing Expenses
Tracking your clothing expenses is essential for monitoring your spending habits and staying within your budget. Several methods can be employed to achieve this.Here are some methods for tracking clothing expenses:
- Use a budgeting app. Numerous apps, such as Mint, YNAB (You Need a Budget), and Personal Capital, allow you to track your income, expenses, and create budgets. These apps often automatically categorize your transactions, making it easy to monitor your clothing spending.
- Maintain a spreadsheet. Create a spreadsheet using Microsoft Excel, Google Sheets, or a similar program. Record each clothing purchase, including the date, item description, price, and category. This provides a detailed record of your spending.
- Keep receipts. Always keep receipts for your clothing purchases. These receipts serve as proof of purchase and help you track your spending accurately.
- Use a dedicated notebook. If you prefer a more traditional approach, use a notebook to record your clothing expenses. Note the date, item, price, and category for each purchase.
- Review your credit card statements. Credit card statements provide a comprehensive record of your purchases. Regularly review your statements to identify clothing expenses and ensure they align with your budget.
Determining Clothing Needs: Checklist for Shopping
Before making any clothing purchases, it is essential to determine your actual needs. This prevents impulsive buying and ensures you only buy what you truly need. Using a checklist can help streamline this process.A checklist for determining clothing needs includes:
- Assess your current wardrobe. Evaluate the items you already own, noting what you have, what fits well, and what you wear regularly. Identify any gaps in your wardrobe.
- Consider your lifestyle. Think about your daily activities, work environment, and social life. Determine the types of clothing you need for each situation.
- Prioritize essential items. Focus on purchasing essential items that you will wear frequently, such as basic tops, bottoms, and outerwear. These items form the foundation of a versatile wardrobe.
- Identify specific needs. Make a list of specific items you need, such as a new pair of jeans, a work blazer, or a dress for a special occasion. Be specific to avoid purchasing unnecessary items.
- Consider the season. Take the current season and upcoming seasons into account. Ensure you have appropriate clothing for the weather and any planned activities.
- Set a budget for each item. Before shopping, assign a budget for each item on your list. This helps you stay within your overall clothing budget.
- Check for existing items that can be repurposed. Before purchasing new items, consider whether you can repurpose existing clothing or accessories. This saves money and reduces waste.
Prioritizing Essential Clothing Items versus Discretionary Purchases
Prioritizing essential clothing items over discretionary purchases is a key aspect of saving money. Focusing on needs before wants helps you avoid overspending and ensures your wardrobe aligns with your financial goals.Strategies for prioritizing essential clothing items:
- Define “essential” clothing. Essential items are those that you need for everyday wear, work, or specific activities. These items form the core of your wardrobe and are worn frequently.
- Identify essential items first. When shopping, focus on purchasing essential items first. This includes basic tops, bottoms, outerwear, and footwear that can be mixed and matched to create multiple outfits.
- Postpone discretionary purchases. If you are tempted to buy a non-essential item, such as a trendy top or a designer handbag, postpone the purchase. Wait a few weeks to see if you still want the item.
- Compare prices and look for sales. Before purchasing any item, compare prices from different retailers. Look for sales, discounts, and clearance items to save money.
- Consider the cost per wear. Evaluate the cost per wear of each item. An essential item that you wear frequently may be a better investment than a discretionary item that you wear only occasionally.
- Shop with a list. Always shop with a list of essential items you need. This helps you avoid impulsive purchases and stay focused on your priorities.
- Avoid impulse buys. Resist the urge to buy items that are not on your list. Impulse buys often lead to overspending and clutter.
- Set a waiting period. Before making a discretionary purchase, set a waiting period. If you still want the item after a week or two, you can reconsider the purchase. This prevents impulse buys and helps you make more informed decisions.
Shopping Smart During Sales
Navigating clothing sales effectively requires a strategic approach to ensure you secure the best deals while maintaining quality and avoiding impulse purchases. This section provides practical advice on how to assess clothing quality, compare prices, leverage discounts, and identify misleading sales tactics.
Assessing Clothing Quality During Sales
Determining the quality of clothing items during sales is crucial to avoid buying poorly made items that won’t last. Taking a few extra moments to inspect the garment can save you from buyer’s remorse.
- Fabric Examination: Pay close attention to the fabric composition. Look for natural fibers like cotton, linen, and silk, which generally offer better breathability and durability compared to synthetic materials. Check the weave; a tighter weave usually indicates higher quality. For example, a tightly woven cotton shirt will likely be more durable than a loosely woven one.
- Stitch Inspection: Examine the stitching for evenness, neatness, and security. Loose threads, uneven stitches, or puckering indicate lower quality. Check seams, particularly those under stress, such as the armholes and crotch, to ensure they are well-constructed. Look for reinforced stitching in areas prone to wear and tear.
- Hardware Check: Inspect zippers, buttons, and other hardware. Zippers should operate smoothly, and buttons should be securely attached. Look for quality buttons, such as those made from natural materials (e.g., mother-of-pearl), rather than cheap plastic. Ensure buttonholes are well-finished and don’t fray easily.
- Fit and Construction: Assess the garment’s fit and construction. Try the item on, if possible, or compare measurements to your own. Check how the garment hangs on your body and look for proper tailoring. Pay attention to details like lining, pockets, and the overall finishing of the garment.
- Read Reviews: Before purchasing, especially online, read customer reviews to gauge the item’s quality and durability. Reviews often highlight common issues like shrinkage, color fading, or poor construction.
Comparing Prices Across Different Retailers
Comparing prices across various retailers is essential to ensure you are getting the best possible deal. This involves researching prices, considering shipping costs, and understanding return policies.
- Utilize Price Comparison Websites: Use price comparison websites and browser extensions to quickly compare prices from different retailers. These tools aggregate pricing data and allow you to see the best deals at a glance. Some popular examples include Google Shopping, PriceGrabber, and CamelCamelCamel (for Amazon).
- Check Multiple Retailers: Don’t limit your search to one retailer. Visit the websites of multiple stores, both online and brick-and-mortar, to see if the same item is available at a lower price elsewhere. Consider both well-known brands and smaller, independent retailers.
- Factor in Shipping Costs: Always include shipping costs in your price comparison. Free shipping can significantly impact the final price. Many retailers offer free shipping over a certain purchase amount, so consider whether adding another item might be worthwhile to qualify for free shipping.
- Consider Return Policies: Understand the return policies of each retailer. A flexible return policy can provide peace of mind, especially when purchasing online. Check the return window, the cost of return shipping, and whether the retailer offers free returns.
- Look for Price Matching: Some retailers offer price matching, where they will match a lower price found at a competitor. Check the retailer’s price-matching policy to see if you can take advantage of this feature.
Utilizing Coupons, Promo Codes, and Loyalty Programs
Maximizing savings during sales often involves leveraging coupons, promo codes, and loyalty programs. This section details how to find and effectively use these discounts.
- Search for Coupons and Promo Codes: Before making a purchase, search online for coupons and promo codes. Websites like RetailMeNot, Honey, and Coupons.com specialize in aggregating these codes. Try different codes, as some may be expired or only apply to specific items.
- Sign Up for Email Newsletters: Subscribe to the email newsletters of your favorite retailers. Retailers often send exclusive coupons, early access to sales, and notifications of special promotions to their subscribers.
- Join Loyalty Programs: Enroll in loyalty programs offered by retailers. These programs often provide rewards, such as points for purchases, which can be redeemed for discounts or free merchandise. Some programs also offer exclusive sales and early access to promotions.
- Use Cashback Websites: Utilize cashback websites like Rakuten (formerly Ebates) to earn a percentage of your purchase back in cash. These websites partner with retailers and offer cashback on qualifying purchases.
- Stack Discounts: Whenever possible, try to stack discounts. For example, you might be able to use a promo code on top of a sale price. Always check the terms and conditions of each discount to ensure they can be combined.
Spotting Fake Discounts or Misleading Sales Tactics
Understanding how to identify fake discounts and misleading sales tactics is crucial for avoiding impulse purchases and making informed decisions. Be wary of tactics that may inflate perceived savings.
- Compare Original Prices: Always compare the sale price to the original price. Sometimes, retailers inflate the original price to make the discount seem more significant. Check the price history of an item, if possible, to see if the original price was artificially inflated.
- Beware of “Too Good to Be True” Deals: If a deal seems too good to be true, it often is. Be cautious of extremely deep discounts, especially on high-quality items. These deals may indicate that the item is of poor quality, overstocked, or even counterfeit.
- Scrutinize “Limited Time” Offers: Retailers often use “limited time” offers to create a sense of urgency. Be skeptical of these claims and take your time to evaluate the purchase. Check the actual duration of the sale to see if it is truly limited.
- Watch Out for “Clearance” Sales: While clearance sales can offer great deals, they often contain items that are out of season, damaged, or of lower quality. Inspect items carefully and consider whether you will actually use them.
- Understand “Buy One, Get One” (BOGO) Offers: While BOGO offers can be beneficial, carefully evaluate the items included in the offer. Make sure you actually need the second item and that the overall price is a good value.
Timing Your Clothing Purchases
Understanding the cyclical nature of clothing sales is crucial for maximizing your savings. Knowing when different items are typically discounted allows you to strategically plan your purchases and avoid paying full price. This section will explore the best times to buy specific clothing items, seasonal sales cycles, and strategies for tracking price drops to secure the best deals.
Best Times of Year to Buy Specific Clothing
The fashion industry operates on seasonal trends, leading to predictable sales patterns. Recognizing these patterns allows you to align your purchases with the most advantageous times.
- Winter Apparel: The best time to buy winter clothing, such as coats, sweaters, and boots, is generally from late December through February. Retailers need to clear out winter inventory to make room for spring collections, resulting in significant markdowns. Post-holiday sales, particularly after Christmas and New Year’s, often feature the deepest discounts.
- Summer Apparel: Summer clothing, including swimwear, shorts, and sundresses, is typically heavily discounted from late July through September. Stores are eager to clear out summer merchandise as they transition to fall fashion. Labor Day weekend often brings substantial sales on summer items.
- Spring Apparel: Spring clothing sales often occur from May through June. Retailers begin to reduce prices to make way for summer inventory.
- Fall Apparel: Fall clothing sales, like those for other seasonal items, begin as the season ends, typically in October and November, with the best deals often found around Black Friday and Cyber Monday.
- Denim: Denim sales can occur throughout the year, but significant discounts are often found during back-to-school sales in August and during major sale events like Black Friday.
- Activewear: Activewear sales can be found at any time of the year. Sales may be found at the end of each season to make way for new collections.
Seasonal Sales Cycles for Different Clothing Categories
Different clothing categories experience distinct sales cycles driven by seasonal demand and inventory management strategies. Observing these cycles allows you to anticipate price drops and make informed purchasing decisions.
- Winter Coats: As mentioned previously, winter coats are most heavily discounted from January through February. Prices may start to drop in December, but the deepest discounts usually occur after the holidays. Retailers aim to clear out their winter stock to prepare for spring collections.
- Summer Dresses: Summer dresses are typically discounted from late July through September. Retailers want to clear out summer inventory as they transition to fall fashion.
- Swimwear: Swimwear sales are most prominent in late summer, particularly in August and September, as retailers make way for fall clothing. You can often find substantial markdowns on swimwear during this period.
- Formal Wear: Formal wear, such as evening gowns and suits, may have sales periods tied to specific events. For example, you might find discounts before prom season or during the end-of-year holiday season.
- Footwear: Footwear sales often coincide with the changing seasons. Boots and winter shoes are typically discounted at the end of winter, while sandals and summer shoes are marked down at the end of summer.
Creating a Schedule for Tracking Price Drops on Desired Items
A proactive approach to saving money involves tracking the prices of items you intend to purchase. This helps you identify the optimal time to buy and avoid impulsive purchases.
- Identify Desired Items: Create a list of clothing items you want to purchase.
- Monitor Prices: Use price-tracking websites or browser extensions. These tools automatically track price changes on various websites and alert you when prices drop.
- Set Price Alerts: Many websites and apps allow you to set price alerts. Specify your desired price or the percentage discount you are looking for, and you will receive notifications when the item reaches your target price.
- Record Price History: If using a manual method, create a spreadsheet or use a notebook to record the prices of the items you are tracking. This helps you analyze price trends and identify the best times to buy.
- Check Multiple Retailers: Compare prices across different retailers, as prices can vary significantly. This ensures you find the best possible deal.
Utilizing Waiting Periods to Your Advantage
Sometimes, the best strategy is to wait. Allowing time to pass before making a purchase can lead to significant savings.
“Patience is a virtue, especially when it comes to saving money.”
- Avoid Impulse Purchases: Waiting a few days or weeks before buying an item can help you avoid impulsive purchases. You may realize you don’t need the item or find a better deal.
- Wait for Sales: Often, items that are initially full-priced will eventually go on sale. Waiting allows you to capitalize on these discounts.
- Consider Seasonal Sales: As mentioned earlier, seasonal sales cycles offer predictable opportunities for savings. Waiting for the appropriate time of year can result in substantial price reductions.
- Take Advantage of Clearance Sections: Items that are slow-moving often end up in clearance sections, where prices are significantly reduced.
Maximizing Savings with Online Shopping

Online shopping offers a plethora of opportunities to save money on clothing sales, from price comparison tools to free shipping offers. Taking advantage of these digital resources can significantly reduce the cost of your purchases. This section will delve into the specific strategies for maximizing your savings when shopping for clothes online.
Utilizing Comparison Shopping Websites and Browser Extensions
Comparison shopping websites and browser extensions are powerful tools that help consumers find the best deals. They streamline the process of comparing prices across different retailers, ensuring you’re not overpaying for an item.The benefits of using these tools include:
- Price Comparison: These platforms aggregate prices from multiple online retailers, allowing you to quickly identify the lowest price for a specific item. For example, if you’re looking for a particular brand of jeans, a comparison shopping website will show you the prices at stores like Macy’s, Nordstrom, and Amazon, all in one place.
- Coupon Code Integration: Many browser extensions automatically search for and apply coupon codes at checkout. This can lead to significant savings without you having to manually search for discounts.
- Cashback Offers: Some comparison tools and browser extensions offer cashback rewards on purchases. You earn a percentage of your purchase back, which can be a valuable added benefit.
- Price Tracking: Some extensions allow you to track the price of an item over time. This helps you determine the best time to buy, potentially waiting for a sale or price drop.
Examples of popular comparison shopping websites include PriceGrabber (now part of Nextag), Google Shopping, and Shopzilla. Browser extensions like Honey, Rakuten (formerly Ebates), and RetailMeNot are widely used for finding coupons and cashback offers.
Finding Free Shipping Offers and Avoiding Shipping Costs
Shipping costs can significantly increase the overall price of an online purchase. Understanding how to find free shipping offers and avoid these costs is crucial for saving money.Strategies for finding free shipping:
- Minimum Purchase Thresholds: Many retailers offer free shipping if your order exceeds a certain amount. For example, a store might offer free shipping on orders over $50. Planning your purchases to meet this threshold can eliminate shipping fees.
- Promotional Codes: Retailers frequently offer promotional codes that include free shipping. These codes are often found on the retailer’s website, through email subscriptions, or on coupon websites.
- Membership Programs: Some retailers offer free shipping as a perk for members of their loyalty programs or subscription services. Amazon Prime is a well-known example, offering free shipping on eligible items.
- Shipping Holidays: During holidays like Black Friday or Cyber Monday, many retailers offer free shipping on all orders, regardless of the purchase amount.
- Using Store Pickup: Some retailers offer the option to buy online and pick up in-store. This eliminates shipping costs altogether.
Avoiding shipping costs requires being strategic about your purchases and leveraging available resources.
Navigating Online Return Policies
Understanding and being familiar with online return policies is important to protect your purchase and avoid potential losses. Return policies vary significantly between retailers, so it is important to be aware of the specific terms.Key aspects of online return policies to consider:
- Return Timeframe: Retailers specify a timeframe within which you can return an item, typically ranging from 14 to 90 days. Knowing the return window is crucial to avoid missing the deadline.
- Return Shipping Costs: Some retailers offer free returns, while others require you to pay for return shipping. Check the policy to understand who bears the cost.
- Return Methods: Retailers may provide different return methods, such as in-store returns, prepaid shipping labels, or the requirement to ship the item back yourself.
- Condition of Returned Items: Many retailers require items to be in their original condition, with tags attached, for a full refund.
- Refund Methods: Determine how you will receive your refund, which may be to your original payment method, store credit, or a gift card.
- Exceptions and Exclusions: Some items, like swimwear or personalized clothing, may have different return policies or be non-returnable. Always check the specific product’s details.
Before making a purchase, always review the retailer’s return policy. It can usually be found on the retailer’s website, often in the “Shipping & Returns” or “FAQ” section.
Using Online Reviews and Ratings to Inform Purchasing Decisions
Online reviews and ratings provide valuable insights into the quality, fit, and overall value of clothing items. Leveraging these resources can help you make informed purchasing decisions and avoid unsatisfactory purchases.Methods for using online reviews and ratings:
- Read Multiple Reviews: Don’t rely on a single review. Read a variety of reviews to get a comprehensive understanding of the product. Look for patterns and common themes in the feedback.
- Assess the Rating System: Understand how the rating system works. Is it a star rating, a percentage, or another method? A higher rating generally indicates a more positive experience.
- Focus on Fit and Sizing Information: Reviews often provide valuable information about the fit and sizing of clothing items. Look for comments from people with similar body types to get an idea of how the item will fit you.
- Consider the Source: Be aware that some reviews may be biased or from unreliable sources. Look for reviews from verified purchasers and consider the reviewer’s profile.
- Look for Photos and Videos: Some reviews include photos or videos of the item, which can provide a better visual representation of the product.
- Check for Customer Service Experiences: Reviews can provide insight into the retailer’s customer service, which can be important if you need to return an item or have a problem with your order.
By carefully examining online reviews and ratings, you can increase your chances of making a satisfying purchase and avoid costly mistakes.
The Value of Secondhand and Consignment Clothing

Buying and selling secondhand clothing presents a compelling opportunity to save money, reduce environmental impact, and embrace a more sustainable approach to fashion. This segment explores the benefits of this practice, highlighting reputable avenues for buying and selling, and offering practical tips for navigating the secondhand clothing market.
Benefits of Buying and Selling Secondhand Clothing
Secondhand clothing offers a multitude of advantages for both buyers and sellers. It’s a win-win situation that benefits the environment and personal finances.
- Cost Savings: Purchasing secondhand clothing is significantly more affordable than buying new items. The price reduction can be substantial, allowing consumers to acquire high-quality garments at a fraction of the original cost.
- Environmental Sustainability: Choosing secondhand clothing reduces the demand for new clothing production, thereby lessening the environmental impact associated with manufacturing, including water usage, pollution, and textile waste. Extending the life cycle of existing garments contributes to a circular economy.
- Unique Finds: Secondhand stores and online platforms often offer vintage and unique items that are no longer available in retail stores. This allows individuals to express their personal style and discover one-of-a-kind pieces.
- Selling Opportunities: Selling unwanted clothing provides a way to declutter closets, earn extra income, and give garments a second life. This can be especially beneficial for children’s clothing, which is often outgrown quickly.
- Quality and Durability: Many secondhand garments, especially those from reputable brands, are made with higher-quality materials and construction than fast-fashion items. This can lead to longer-lasting clothing.
Reputable Online and Offline Consignment Stores
Several platforms and brick-and-mortar stores specialize in the consignment and resale of clothing, offering a diverse selection and varying levels of service.
- Online Consignment Stores:
- ThredUp: ThredUp is a popular online consignment store offering a vast selection of clothing, shoes, and accessories for women and children. They handle the entire process, from receiving and photographing items to listing them for sale.
- The RealReal: The RealReal specializes in luxury consignment, featuring designer clothing, handbags, shoes, and accessories. They authenticate all items to ensure their quality and authenticity.
- Poshmark: Poshmark is a social marketplace where users can buy and sell clothing, shoes, and accessories. It offers a more direct-to-consumer approach, allowing sellers to interact with buyers and build a following.
- eBay: eBay is a global online marketplace where you can find a wide range of secondhand clothing from various sellers. It offers auctions and fixed-price listings.
- Offline Consignment Stores:
- Local Consignment Shops: Many communities have local consignment shops that offer a curated selection of clothing and accessories. These shops often specialize in specific types of clothing, such as designer brands or children’s wear.
- Goodwill and Salvation Army: These thrift stores offer a wide variety of clothing at affordable prices. The selection varies, but they often have hidden gems.
- Buffalo Exchange: Buffalo Exchange is a chain of consignment stores that buys and sells clothing, shoes, and accessories. They offer a more curated selection than some other thrift stores.
Buying New vs. Secondhand Clothing: A Comparison
Understanding the key differences between buying new and secondhand clothing is crucial for making informed decisions. The following table provides a comparative analysis:
| Feature | New Clothing | Secondhand Clothing | Considerations |
|---|---|---|---|
| Price | Higher | Significantly Lower | The primary factor driving the purchase decision for many consumers. |
| Quality | Variable, depends on brand and material. | Can be high, especially for vintage or designer items. Quality often evident through wear. | Careful inspection is crucial when buying secondhand. Consider the brand and material. |
| Sustainability | Generally lower, contributes to new resource consumption and waste. | High, reduces waste and extends the life cycle of existing garments. | Buying secondhand is a more eco-friendly choice. |
| Availability | Wide range of styles and sizes. | Inventory varies; may require more searching. | Patience and persistence can lead to great finds. |
Tips for Inspecting Secondhand Clothing for Quality and Condition
Thoroughly inspecting secondhand clothing is essential to ensure it meets your standards.
- Check for Stains and Discoloration: Carefully examine the garment for any stains, discoloration, or fading. Look in areas that are prone to staining, such as under the arms, collar, and cuffs.
- Inspect Seams and Construction: Examine the seams for any loose threads, tears, or signs of wear. Check the quality of the stitching and the overall construction of the garment.
- Examine Buttons, Zippers, and Closures: Ensure that all buttons are securely attached and that zippers and other closures function properly. Replace any missing buttons or repair any damaged closures.
- Assess the Fabric’s Condition: Check the fabric for any holes, tears, or pilling. Consider the material’s durability and how it will wear over time.
- Smell the Garment: Make sure the garment doesn’t have any lingering odors, such as smoke or mildew. If possible, wash the garment before wearing it to remove any lingering smells.
- Try it On: If possible, try the garment on to ensure that it fits properly and that you are comfortable with its condition.
Taking Advantage of Store Promotions and Discounts
Retailers constantly employ various promotional strategies to attract customers and boost sales. Understanding these strategies, and how to effectively utilize them, is crucial for maximizing savings when purchasing clothing. This section will delve into leveraging store loyalty programs, credit card rewards, price negotiation tactics, and the various sales techniques used by retailers to help you get the best deals.
Utilizing Store Loyalty Programs and Credit Card Rewards
Store loyalty programs and credit card rewards offer significant opportunities for saving money. These programs are designed to incentivize repeat business and reward customer spending.
- Store Loyalty Programs: Many retailers offer loyalty programs that provide exclusive discounts, early access to sales, and points for every dollar spent. These points can then be redeemed for future purchases. For instance, a program might offer a 10% discount on all purchases after a certain spending threshold is reached, or a free gift on your birthday. Participating in these programs requires providing your contact information, but the benefits often outweigh the minimal effort.
- Credit Card Rewards: Credit cards frequently offer rewards such as cashback, points, or miles on purchases. Some cards provide higher rewards rates on specific categories, such as clothing stores. Using a credit card that offers rewards on clothing purchases can effectively reduce the overall cost of your purchases. Consider cards that offer a flat percentage back on all purchases, or those that have rotating bonus categories that include clothing stores at certain times of the year.
Always pay your credit card bill on time to avoid interest charges, as interest can negate the savings earned through rewards.
- Combining Programs: The most effective strategy is to combine store loyalty programs with credit card rewards. For example, you could earn points through a store’s loyalty program and simultaneously earn cashback or points through your credit card, effectively “stacking” discounts.
Negotiating Prices at Certain Stores or Events
While price negotiation is not always possible, there are situations where it can lead to savings, especially at certain types of retailers or during specific events.
- Outlet Stores and Flea Markets: At outlet stores, which sell discounted merchandise, or at flea markets, it’s often acceptable to negotiate prices, especially if there are minor imperfections or if you’re purchasing multiple items.
- Sample Sales and Pop-Up Shops: Sample sales, where designers sell off-season or sample garments, and pop-up shops, which are temporary retail spaces, are often open to negotiation, particularly towards the end of the sale.
- Understanding the Seller’s Position: Assess the situation. Is the seller trying to clear out inventory? Are you purchasing multiple items? These factors can increase your chances of successful negotiation.
- Tactics for Negotiation: Be polite and respectful. Point out any minor flaws you notice. Offer a reasonable price, and be prepared to walk away if the seller isn’t willing to meet your offer. Remember, a successful negotiation is a win-win situation.
Understanding Common Sales Strategies Used by Retailers
Retailers employ various sales strategies to entice customers. Recognizing these tactics enables you to make informed purchasing decisions.
- Buy-One-Get-One (BOGO) Offers: BOGO deals are popular and can offer significant savings, especially on items like socks, underwear, or accessories. Always assess whether you genuinely need the second item.
- Percentage Discounts: Percentage discounts, such as 20%, 30%, or 50% off, are common. Calculate the final price to ensure you’re getting a good deal. Remember that a 50% discount on a $100 item is better than a 20% discount on a $200 item.
- Clearance Sales: Clearance sales are designed to move out-of-season or excess inventory. These sales often offer the deepest discounts, but selection may be limited.
- Seasonal Sales: Retailers typically hold seasonal sales around holidays and end-of-season periods. These sales often coincide with significant discounts.
- Bundle Deals: Bundle deals offer a discount when you purchase multiple items together. This is a good strategy if you need several related items.
Combining Multiple Discounts for Maximum Savings
The most effective strategy for saving money is often combining multiple discounts.
- Stacking Coupons and Sales: Many stores allow you to combine coupons with sale prices. For instance, you might use a 20% off coupon on an item already marked down by 30%.
- Using Loyalty Rewards and Sales: Combining store loyalty rewards with sale prices is another way to maximize savings.
- Credit Card Rewards and Sales: Using a credit card that offers rewards on clothing purchases while taking advantage of sale prices and coupons can further reduce the cost.
- Example: Suppose a shirt is originally priced at $50, is on sale for 30% off, and you have a 10% off coupon. The sale price is $35. Then, applying the coupon reduces the price by $3.50, making the final price $31.50. If your credit card offers 2% cashback, you’ll save an additional $0.63.
- Read the Fine Print: Always read the terms and conditions of promotions to understand any restrictions or limitations on combining discounts.
Post-Purchase Strategies for Saving Money
Investing in clothing is only half the battle; the real savings come from making your purchases last. This involves adopting post-purchase strategies that focus on extending the lifespan of your garments and reducing the need for frequent replacements. By prioritizing clothing care, repair, and proper storage, you can significantly decrease your spending and contribute to a more sustainable approach to fashion.
Proper Clothing Care and Maintenance
Maintaining your clothing properly is crucial for preserving its quality and appearance, which ultimately extends its usable life. This includes understanding the specific care instructions for each garment and implementing practices that prevent damage and wear.
- Read and Follow Care Labels: Each garment has a care label that provides essential information on washing, drying, ironing, and other specific requirements. Ignoring these instructions can lead to shrinking, fading, and fabric damage. For example, a silk blouse should be hand-washed or dry-cleaned, while a cotton t-shirt can usually be machine-washed.
- Wash Clothing Appropriately: Washing clothes correctly prevents premature wear and tear.
- Sort Laundry: Separate clothes by color (whites, lights, darks) and fabric type to prevent color bleeding and damage.
- Use the Right Detergent: Choose a detergent appropriate for the fabric. Delicate fabrics require mild detergents, while heavily soiled items may need stronger formulas.
- Avoid Overloading the Machine: Overloading can prevent clothes from being cleaned effectively and can damage the washing machine.
- Wash Less Frequently: Washing clothes less often can prolong their life. Consider spot-cleaning or airing out garments before washing.
- Dry Clothing Carefully: Drying methods significantly impact clothing durability.
- Air Dry When Possible: Air drying is gentlest on fabrics and prevents shrinking and damage from high heat. Hang delicate items or lay them flat.
- Use the Dryer Wisely: If using a dryer, use a low heat setting. High heat can damage fabrics, shrink clothes, and fade colors.
- Iron and Steam Properly: Ironing or steaming clothes helps maintain their appearance.
- Use the Right Temperature: Adjust the iron’s temperature according to the fabric type. Always check the care label.
- Use a Pressing Cloth: For delicate fabrics, use a pressing cloth to prevent scorching or shine.
- Steam for Delicate Fabrics: Steaming is a gentler alternative to ironing for delicate fabrics like silk and lace.
- Address Stains Promptly: Treating stains immediately prevents them from setting and becoming permanent.
- Blot, Don’t Rub: Blot stains with a clean cloth to prevent them from spreading. Rubbing can damage the fabric.
- Use Stain Removers Carefully: Test stain removers on an inconspicuous area of the garment first to ensure they don’t damage the fabric.
- Follow Stain Removal Instructions: Each stain requires a different treatment. Research the best methods for the specific type of stain.
Methods for Repairing and Altering Clothing
Repairing and altering clothing is a cost-effective way to extend its lifespan and personalize your wardrobe. These skills can prevent you from having to discard items due to minor damage or fit issues.
- Basic Sewing Skills: Learning basic sewing skills is essential for repairing minor damage.
- Hand Sewing: Hand sewing is useful for mending tears, replacing buttons, and reinforcing seams.
- Machine Sewing: A sewing machine is helpful for more extensive repairs and alterations.
- Repairing Tears and Holes: Addressing tears and holes promptly prevents them from worsening.
- Mending: Mending involves stitching together torn fabric to reinforce the area.
- Patching: Patching involves applying a piece of fabric over a hole or tear to cover and reinforce the damaged area. The patch can be sewn on by hand or machine.
- Replacing Buttons and Fasteners: Replacing missing or damaged buttons and fasteners is a simple repair that can significantly improve the appearance of a garment.
- Altering Clothing for Fit: Alterations can improve the fit of clothing, making it more comfortable and wearable.
- Hemming: Hemming involves shortening the length of sleeves or pant legs.
- Taking in or Letting Out Seams: Adjusting seams can alter the width of a garment.
- Waist Adjustments: Altering the waist of pants or skirts can improve the fit.
- Using Professional Services: For more complex repairs or alterations, consider using a professional tailor or seamstress. They have the expertise and equipment to handle various tasks.
Guide for Storing Clothing Properly to Prevent Damage
Proper storage is vital for preserving the condition of your clothing when it’s not in use. This prevents damage from environmental factors, pests, and improper handling.
- Clean Clothing Before Storing: Always wash or dry-clean clothes before storing them to remove dirt, stains, and odors that can attract pests.
- Choose the Right Storage Location: Select a cool, dry, and dark place to store clothing. Avoid areas with high humidity, direct sunlight, or extreme temperatures.
- Closets: Closets are ideal for storing clothing. Ensure the closet is well-ventilated.
- Drawers: Drawers are suitable for storing folded items like sweaters and t-shirts.
- Storage Boxes: Use storage boxes for items that are not frequently used.
- Use Appropriate Storage Containers: Select storage containers that protect clothing from dust, moisture, and pests.
- Breathable Garment Bags: Use garment bags for hanging clothes to protect them from dust and light. Choose breathable bags made of cotton or canvas.
- Storage Boxes with Lids: Use storage boxes with lids to keep items clean and protected.
- Acid-Free Tissue Paper: Wrap delicate items in acid-free tissue paper to prevent discoloration and damage.
- Organize Clothing Effectively: Organizing your clothing helps you keep track of what you have and prevents items from being forgotten or damaged.
- Sort by Type: Group similar items together, such as shirts, pants, and dresses.
- Sort by Season: Store seasonal items separately to make it easier to find what you need.
- Use Hangers Appropriately: Use appropriate hangers for different types of clothing. For example, use padded hangers for delicate items and sturdy hangers for heavier garments.
- Protect Against Pests: Take steps to protect clothing from pests like moths and silverfish.
- Use Cedar Blocks or Lavender Sachets: Place cedar blocks or lavender sachets in storage areas to repel pests.
- Clean Storage Areas Regularly: Regularly clean storage areas to remove dust and debris that can attract pests.
- Inspect Clothing Regularly: Regularly inspect clothing for signs of pests or damage.
Environmental and Financial Benefits of Mending, Repairing, and Upcycling Clothing
Embracing mending, repairing, and upcycling clothing offers significant benefits, both for your wallet and the environment. These practices contribute to a more sustainable approach to fashion and reduce waste.
- Reduced Waste: Mending and repairing clothing keeps items out of landfills. According to the Environmental Protection Agency (EPA), in 2018, textiles accounted for 17 million tons of municipal solid waste in the United States. Extending the life of clothing reduces this waste stream.
- Lower Consumption: By extending the life of existing garments, you reduce the need to purchase new clothing. This lowers your overall consumption and reduces the demand for new resources used in clothing production.
- Cost Savings: Mending and repairing clothing can save you money compared to buying new items. The cost of repairs is often much lower than the cost of replacement. For example, repairing a torn seam might cost a few dollars in thread, while replacing the garment would be significantly more expensive.
- Reduced Environmental Impact: The fashion industry is a major contributor to pollution and greenhouse gas emissions. Mending, repairing, and upcycling reduce the environmental impact of clothing by decreasing the demand for new production, which requires water, energy, and resources.
- Increased Creativity and Personalization: Upcycling allows you to transform old clothing into new and unique items. This fosters creativity and allows you to personalize your wardrobe. For instance, an old pair of jeans can be repurposed into a tote bag, reducing waste and creating a unique item.
- Promotion of Sustainable Practices: Embracing these practices supports a more circular economy, where resources are reused and repurposed rather than discarded. This helps promote sustainable fashion and reduces the negative impacts of the fashion industry.
Avoiding Impulse Buys
Resisting the allure of impulse purchases is a crucial aspect of saving money on clothing. This involves developing a conscious awareness of spending habits and implementing strategies to curb spontaneous buying decisions. By adopting these techniques, you can make more informed choices and align your clothing purchases with your financial goals.
Strategies for Resisting Impulse Purchases
Developing a plan for impulse control is essential for maintaining financial discipline. It requires proactive measures to minimize exposure to temptation and a structured approach to evaluating potential purchases.
- Pause and Reflect: Before making a purchase, take time to consider your needs. Ask yourself if you genuinely need the item or if you are simply reacting to a promotion or a perceived trend. This pause can prevent regret and unnecessary spending.
- Set a Budget and Stick to It: Establish a clear budget for clothing expenses. Knowing your spending limits can provide a framework for your shopping decisions and help you avoid overspending.
- Avoid Shopping When Emotional: Avoid shopping when you are feeling stressed, bored, or unhappy. These emotions can cloud your judgment and lead to impulsive purchases. Consider other activities, such as exercise or spending time with friends, to address these feelings.
- Unsubscribe from Promotional Emails: Reduce exposure to tempting sales and promotions by unsubscribing from marketing emails. This can significantly decrease the likelihood of spontaneous purchases.
- Use the “24-Hour Rule”: If you see an item you like, wait 24 hours before purchasing it. This gives you time to consider the purchase objectively and determine if it’s truly necessary.
- Shop with a List: Always create a shopping list before going to the store or browsing online. Stick to the list and avoid wandering into areas where you might find items you don’t need.
Techniques for Evaluating the True Value of a Clothing Item
Assessing the value of a clothing item goes beyond its price tag. It involves considering factors like quality, durability, and how well the item fits into your existing wardrobe. This evaluation helps you make more cost-effective decisions.
- Assess Quality and Durability: Examine the fabric, stitching, and construction of the garment. High-quality materials and construction often indicate a longer lifespan, making the item a better investment. Look for reviews about the brand and the item’s durability.
- Consider the Cost Per Wear: Divide the price of the item by the number of times you expect to wear it. This helps you evaluate the item’s true cost. For example, a $100 dress worn 50 times has a cost per wear of $2, which is more economical than a $50 dress worn only 5 times, with a cost per wear of $10.
- Evaluate Versatility: Determine how well the item can be incorporated into your existing wardrobe. A versatile piece that can be mixed and matched with other items is a better investment than a trendy item that will only be worn a few times.
- Check for Sales and Discounts: Research if the item is likely to go on sale in the near future. Waiting for a sale can significantly reduce the cost. Use price comparison websites or apps to check for lower prices at different retailers.
- Read Reviews: Before purchasing, read reviews from other customers. This can provide insights into the item’s fit, quality, and overall satisfaction. Look for reviews that mention durability and how the item holds up after washing.
Checklist for Determining if a Purchase Aligns with Needs and Budget
Creating a checklist can provide a structured approach to evaluating potential clothing purchases. This helps ensure that each purchase aligns with your needs and financial constraints.
- Do I need this item? Determine if the item fulfills a genuine need in your wardrobe. Consider if it replaces a worn-out item or fills a specific gap.
- Does it fit my budget? Ensure the purchase aligns with your predetermined budget for clothing. Avoid exceeding your spending limits.
- Is it a versatile piece? Evaluate if the item can be paired with multiple existing items in your wardrobe. Assess its potential for different outfits and occasions.
- Is it a good value for the price? Consider the quality, durability, and cost per wear of the item. Compare prices with similar items from other retailers.
- Have I waited 24 hours? Use the 24-hour rule to ensure the purchase is a considered decision and not an impulse buy.
- Does it align with my style? Consider whether the item aligns with your personal style and aesthetic. Will you enjoy wearing it and feel confident in it?
Tips for Unsubscribing from Promotional Emails to Reduce Temptation
Minimizing exposure to marketing materials can significantly reduce impulse buying. Unsubscribing from promotional emails is a simple but effective strategy to achieve this.
- Identify and Unsubscribe: Regularly review your inbox and unsubscribe from any promotional emails that tempt you to spend money. Look for the unsubscribe link at the bottom of the email.
- Use Email Filters: Set up filters in your email to automatically delete or archive promotional emails. This reduces the likelihood of seeing them and being tempted.
- Unsubscribe from Retailer Websites: Many retailers automatically sign you up for emails when you create an account. Review your account settings and unsubscribe from email lists you no longer want to receive.
- Use a Dedicated Email Address: Consider using a separate email address for online shopping and promotional subscriptions. This helps keep your primary inbox free from tempting marketing messages.
- Report Spam: If you receive unwanted or deceptive promotional emails, report them as spam. This can help reduce the amount of unsolicited marketing material you receive.
Understanding Return Policies and Avoiding Buyer’s Remorse

Navigating the world of clothing sales requires not only savvy shopping skills but also a keen understanding of return policies and the emotional pitfalls of buyer’s remorse. This section delves into the intricacies of return policies, providing a practical guide to understanding them, managing returns effectively, and developing strategies to minimize regret after a purchase.
Reviewing and Understanding Return Policies
Return policies are crucial in mitigating the risks associated with purchasing clothing, especially during sales when impulse buys are common. Before making a purchase, it is essential to thoroughly review the retailer’s return policy.
- Locating the Policy: The return policy is typically found on the retailer’s website, often in the “Customer Service,” “FAQ,” or “Shipping & Returns” sections. In physical stores, the policy may be posted near the cash register or available upon request.
- Key Elements to Examine: Pay close attention to the following aspects of the return policy:
- Return Timeframe: Note the number of days allowed for returns, which can range from a few days to several months.
- Return Method: Determine whether returns can be made in-store, by mail, or both.
- Condition of Returned Items: Understand the required condition of the items (e.g., unworn, with tags attached).
- Refund Method: Clarify how refunds are issued (e.g., original payment method, store credit).
- Exceptions and Exclusions: Identify any items that are not eligible for return (e.g., clearance items, intimate apparel).
- Shipping Costs: Determine who is responsible for return shipping costs (e.g., customer, retailer).
- Special Considerations for Sales Items: Be aware that return policies for sale items may differ from those for regular-priced merchandise. Some retailers may offer a shorter return window or exclude sale items from returns altogether.
Situations Where a Return Might Be Necessary
Several scenarios may necessitate returning clothing items, even after careful consideration during the purchase.
- Incorrect Size or Fit: Clothing may not fit as expected due to variations in sizing across brands or inaccurate product descriptions.
- Defective or Damaged Items: Items may arrive with manufacturing defects (e.g., loose stitching, faulty zippers) or be damaged during shipping.
- Mismatched Product Description: The item received may differ significantly from its online or in-store description (e.g., incorrect color, material).
- Change of Mind: After the purchase, the buyer may realize the item doesn’t suit their needs, preferences, or existing wardrobe.
Documenting a Return Properly
Proper documentation is critical to ensure a smooth and successful return process. Following these steps can help protect the buyer’s rights and facilitate the return.
- Preserve Proof of Purchase: Keep the original receipt, packing slip, or order confirmation email. These documents are essential for initiating the return.
- Photograph the Item and Packaging: Before returning a damaged item, take clear photographs of the damage and the packaging. This documentation can be used as evidence in case of disputes.
- Follow the Retailer’s Instructions: Adhere strictly to the retailer’s return instructions, including any required forms or labels.
- Pack the Item Securely: Return the item in its original packaging, if possible, to prevent further damage during shipping.
- Choose a Trackable Shipping Method: If returning by mail, use a shipping method that provides tracking and insurance. This allows you to monitor the package’s progress and protect against loss or damage.
Strategies to Avoid Buyer’s Remorse
Buyer’s remorse is a common emotional response to a purchase, often characterized by regret, second-guessing, and feelings of dissatisfaction. Employing proactive strategies can help mitigate this phenomenon.
- Shop with a Plan: Before shopping, create a list of items you need or want. Sticking to your list can help prevent impulsive purchases.
- Read Reviews: Researching product reviews can provide valuable insights into the quality, fit, and style of clothing items.
- Compare Prices: Comparing prices from different retailers ensures that you are getting the best value for your money.
- Consider the Cost Per Wear: Evaluate the potential cost per wear of an item. High-quality, versatile items that will be worn frequently offer better value than trendy items that may quickly go out of style.
- Wait Before Purchasing: Give yourself time to consider the purchase. If you are still interested in the item after a few days, you are less likely to experience buyer’s remorse.
- Avoid Shopping When Stressed or Emotional: Emotional states can cloud judgment and increase the likelihood of impulsive purchases.
Final Conclusion
In conclusion, this exploration of How to Save Money on Clothing Sales provides a roadmap to a more sustainable and budget-conscious approach to fashion. By applying the strategies Artikeld, you can confidently navigate the world of clothing sales, making informed decisions that align with your needs and financial goals. Remember, smart shopping is not just about finding deals; it’s about building a wardrobe you love while making your money work harder for you.
With the right knowledge, you can transform your shopping habits and enjoy the thrill of fashion without breaking the bank.