1. Splurge: Boots

Boots are a fall staple, therefore, it makes the most sense to splurge on them. In the past, I've bought cheaper boots and only got that season out of them. You can get decently priced designer boots at DSW and Nordstrom Rack. Call It Spring and Steve Madden also have some great quality pairs, for a little bit less of a splurge.

So, last year, I splurged on a pair of black boots. This year, I'll splurge on brown because, obviously, you need both, am I right?

2. Save: Super Trendy Pieces

There are things that come in huge every year for fall. This year, a big one I've seen is white boots, but chances are white boots won't be huge next fall. Same with metallics: big this year, definitely not next year. So, if those are pieces you are dying to have this season, look for cheap alternatives at places like Target or Forever 21.

3. Splurge: Cardigans and Sweaters

Sweaters and cardigans are the most iconic pieces of fall. When I think of fall, I think of sweaters because that is just where my mind goes. But in the past, I've noticed that my sweaters just can't make it through more than one season.

So classic, basic sweaters and cardigans are great splurge pieces. You can dress them up or down, and if they're basics, they'll be good for years to come, so why not spend more and be happy for years?

4. Save: Accessories

When it comes to hats, scarves, and statement jewelry, I always go with the affordable versions. To me, it doesn't make sense to buy a $40 scarf that is the same as my $5 scarf. I think you can get really great and warm scarves at affordable prices and not waste some valuable cash.

With the exception of my Love Your Melon, I buy all my fall and winter hats at Target. They always have super cute, super trendy hats, but for way less than what some people are paying for them. So, for me, accessories are always a save.

5. Splurge and Save: Jeans

Jeans are a staple for pretty much every season. But to me, they're always a splurge. With jeans, you get what you pay for, but you can also save on jeans. During this month, I've gotten so many emails about sales on jeans. I got two pairs of my favorite jeans for $15, more than it would have cost me for one pair.

So, splurge on jeans for the quality, but save by buying them during really great deals and sales.