Every year, I use a portion of my tax return to splurge on a sartorial item I wouldn’t otherwise purchase. The first year was a DVF wrap dress, the next was a YSL arty ring (back when it was still $195), then a Rebecca Minkoff MAC bag, followed by two years of Kate Spade "Karolina" pumps. I’ve never regretted any of these investment pieces and I’m especially thrilled with this year’s item: a pair of timeless Ferragamo “Varina” flats.

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