Instead of splurging on clothes and accessories that are 'in' today and 'out' tomorrow, invest in a few timeless buys that will never go out of style!
The little black dress
Trends may come and go but the little black dress will never go out of fashion. You need to have at least one of these babies in your closet -- strapless, backless, halter-necked, the choice is yours. But a number like popstar Katherine McPhee is wearing will have you look your best on any formal occasion, be it a cocktail party or a wedding.
Photograph: Ethan Miller/Getty Images
Also see: Funky college bags for trendsetters