What you choose to spend the budget on really does depend on whether you are a dress or shoe person. This year I only have one formal do to go to the other is an annual stylists night out so that is another level when it comes to dressing! Luckily I do have enough in my now officially full wardrobe to select for both occasions, however if I had to choose I think I might go for a dress. There are two high street dresses I love based on their cut although they are top end in terms of high street pricing.
I have shoes to work with both these dresses (court or sandal style would suit) so the budget would go on either one - whichever suited best and was in stock. But of course if you are a shoe person then you can forgo the dress, choose a good pair of shoes to wear again and again. Taking my dress hat off, these pair of beauties would work with any dress.
How handy is a shoe called papparazzi especially when it is in the sale.
What would you choose if you could only pick one item - dress or shoe?