"Whether it’s a trench coat, a pea coat or a wool winter jacket, a good coat is a definite must-have. It’s one of the best investment pieces for your wardrobe."
"Good shoes always stay in fashion, like a pointed-toe black heel."
"It’s almost impossible to find perfect jeans. Once you find the right fit, don’t let them out of your sight!"
"I’m constantly on the move, so having the right purse to store my all my things is important."
"I’m obsessed with Dannijo's bold necklaces! I wear them with everything."
"A little black dress is a timeless classic. Personally, I’m a fan of ladylike silhouettes."
"I always do my best to fit exercise into my schedule daily, so my closet is filled with workout clothes."
"Sparkly earrings work throughout the year."
"You never know when you'll need the perfect party dress. Invest in one you'll love to wear time and time again."
To save or to splurge -- that is the question.
For StyleList guest editor, Alexa von Tobel, balancing your closet with gorgeous (and expensive) staples and less expensive, trendy pieces is the key to keeping your closet organized. Every woman needs a pair of gorgeous black pumps, and Alexa knows it is okay to spend, but if you're looking to splurge on the trendiest piece of the moment, she warns to think twice. Trendy pieces come and go, but classic black pumps will always be in style.
Click through the gallery above to find out which pieces Alexa always keeps in her closet.