Classic Staple: Navy Blazer
Creating a timeless wardrobe that doesn't require constantly shopping for new pieces to feel like you're wearing something new involves investing in classic wardrobe staples. These wardrobe staples are the basic styles that are always in style and allow you to mix and match your wardrobe to create different outfits around the same pieces. A navy blazer is a style you can throw over any outfit and will instantly polish up any look.
While a quality blazer can come with a heftier price tag, look at it like this: you won't need to replace it. This one-time investment will span over the years vs. buying one because of the lower price and eventually replacing it with a better one. You wind up spending more money this way. Investing in your basics will save you tons of money.
For a complete list of wardrobe basics: