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.