Coats are the BEST thing to splurge on because you can wear 'em for like, at least five years if you get a really nice, neutral one (like this one). I once bought a black woven cotton Burberry trench at an outlet mall for $400 and I almost cried at the time for the cost (even though it was probably 65% off or so) but it's seven years later and I still wear it all the time so now it's worked out to nearly $50/year which AIN'T BAD.