Rent designer handbags from a wide range of luxury brands on a week-by-week basis.

The longer the rental duration, the more you save; alternatively, it’s an affordable option to look like a million bucks at one-off events.

Look out for special promotions like buy 1-week-get-1-week-free!

Plus, you get a chance to really try out the bag to see if it fits your style.

www.thatbagiwant.com.sg

For a fixed cost of $129 per month, you basically get an infinite wardrobe with StyleTheory. Pick out three designer pieces at a time and have them sent to you, and return them anytime you want (you don’t even have to wash them!) to exchange for another three pieces.

www.styletheory.co

Instagram accounts like TheClosetRaider are platforms for Singaporeans to sell their pre-loved bags, even the much-coveted Hermes handbags. Be wary of their authenticity, and do proper checks beforehand.

Or physical shops like Madam Milan specialise in second hand designer handbags with their guarantee of authenticity so you can buy with a peace of mind.

There really is no shame in buying second hand, after all, these shops could actually have bags no longer sold in stores — making it a classic!

Once again, no shame in buying past season either! These days, first edition bags are prized posession so who knows, you might just snag yourself a coveted piece.

While most products on The Outnet are likely to be from past seasons, you’re likely to find some good deals there, from shoes to bags to apparel. New arrivals land on the site four times a week!

www.theoutnet.com

The nearest outlet central from Singapore is the Johor Premium Outlets.

Here, you’ll find luxury items from brands like Burberry and Michael Kors for as much as 80 per cent off retail price.

It might be an hour and a half’s drive across the causeway but it’s not that far if you think about the money you’ll be saving.

www.premiumoutlets.com.my

Look out for collaborations between high-end designer and lower-priced retailers, where you’ll find some high fashion-looking pieces at more pocket-friendly prices.

The recent Kenzo x H&M collection had shoppers queueing overnight to get their hands on the most coveted pieces — and for good reason too!

Already have your eye on a certain item that’s cheaper overseas? That’s often the case, for say, designer outlet stores in Europe.

Websites like Airfrov link you up with travellers going to those countries who can help you buy your desired item for you.

You’ll have to pay a small fee, but it’s not a big sum comparedto the amount you’ll be saving.

Text and Photos: Pinky Chng/The Finder