As the founder of LearnVest.com, a financial planning company, Alexa von Tobel understands like no one else the importance of a budget. For most women, buying clothes means deciding between that gorgeous, yet expensive, clutch or the less expensive alternative. While Alexa suggests splurging on the key pieces of your wardrobe, she does have a few favorites that won't break the bank.

Whether it's an adorable cross-body bag from H&M or a sleek printed dress from ASOS, good style doesn't have to cost you an arm and a leg.

Click through the gallery above to see Alexa's picks for a girl on a budget.

Alexa von Tobel Faces Her Fears

Alexa von Tobel Faces Her Fears