It seems that one way or another the credit crunch is affecting us all. Due to having less disposable income we have less to spend on luxuries such as new clothes, shoes and accessories. It seems that fashion guru Gok Wan realizes exactly the struggle that we all feel and has announced a number of tips to help us all stay fashionable, on a budget.

The first thing he suggests is that every woman has a wrap around black jersey dress. This is great for both autumn and winter. Wear it due in the day with black opaque tights, ballet pumps, wrap around black ballet cardigan and a maxi bag.

Dress it up for lunch just wear the same dress but wear it with a fitted tailored waistcoat. Simply add a statement necklace and over sized sunglasses. Just wear a pair of knee high boots and you have the perfect stylish outfit.

The same dress can be used for an elegant dinner date – all you have to do is team it up with a blazer and some high heels.

For a lazy weekend lunch you only have to team it up with some flat shoes and an over sized cardigan for a lovely looking, cozy outfit.

Just by choosing the right dress, Gok Wan shows that you can make the most of looking great for the whole of 2010, no matter what the occasion with just one main centre point. It is a great way to set about saving money for 2010.