Head Over Heels

It's true that a penny saved is a penny earned, so you can rightly call your intention to scoop up of-the-moment penny loafers in a variety of textures and tones a "savings plan." Seen on the winter runways of Alexander Wang and Tommy Hilfiger in styles ranging from tasseled and classic to metallic and evening-perfect, heeled loafers (many with coin-ready slits) are among the season's most splurgeworthy—and wearable—trends to pair with denim or a dress. So, hit the stores, but be sure to verge far from your grandpa's leisure shoes and Michael Jackson's old-school dance kicks. Instead, bank on pretty-preppy, elevated loafers to both appear current and store your meter money. Let’s just say, a piggy bank never looked this chic.

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Luichiny loafer available at Bronx Diba Luichiny Shoe Outlet, Earth City, 314.373.1280.
Luichiny loafer available at Bronx Diba Luichiny Shoe Outlet, Earth City, 314.373.1280.
Seychelles loafer available at Mary Jane’s, Central West End, 314.367.8867.