Modest and Minimalist

How to create an old-money capsule wardrobe for women? – Winter edition

Old-money aesthetic it’s a really outstanding trend, but it’s also a timeless style that won’t ever go away.

Curious about stepping into old-money elegance via attire? The formula lies in a carefully crafted capsule wardrobe. This style represents discreet charm, timeless grace, and subtle sophistication, without following trends or showcasing labels. The focus is on tasteful, high-quality items that embody restraint and refinement.

So, indifferent of whether you are a trendy person who likes to try different styles or you really like this style and want to incorporate it in your own style, old-money money clothes are versatile and can get a lot of usage out of these. I do have some more information and some outfit inspiration in this blog. But in this blog post, I want to share with you old-money winter essentials.

Embracing the Old-Money Style in Winter

There is a tendency to “give up” fashion in winter, colder days. Many layers can be overwhelming and frustrating to think every day about what to wear and style your outfits, especially if you are on a budget or you don’t want to invest in too many pieces.

I empathize with your sentiment. Possessing an overflowing wardrobe can be overwhelming, and sometimes simplicity is key. Let’s focus on mindfully curating a standout collection of a few versatile garments, shall we?

In this article, we’ll guide you step-by-step on your journey to create your very own, unique old-money capsule wardrobe for winter. We’ll learn how to achieve that aspired combination of versatility and timelessness, allowing you to effortlessly elevate your everyday looks. So, whether you’re a fashion enthusiast with a taste for experimentation or simply looking to infuse a touch of elegance into your wardrobe, this ultimate guide is here to help you achieve that old-money style.

The first step in creating an old-money capsule wardrobe is to rid yourself of the idea that more is better. Instead, focus on buying selected pieces that steeps in luxury and longevity. This is where a capsule wardrobe truly shines. By choosing versatile, high-quality garments that fit well and can effortlessly transition through the seasons, you will always be elegantly dressed to impress. 

Essential Items


I’ll start this winter capsule wardrobe with the coat. The masterpiece for the season and the most expensive ones.

You don’t have to invest in a lot of coats to achieve this style, but I will share many options for you to have the best vision of how it would look like a full capsule wardrobe in old-money style. After that, you can purchase whatever you feel is necessary for you now, and replace some of the old clothes.

Quick tips:
  1. Give yourself time. Even if you are sure you like this style and it’s the best choice for you, don’t put any pressure on achieving it as soon as you can. Check your wardrobe, and see what you can still use, get rid of the things that you definitely won’t wear (or the ones that you never wore last year), and make a list of what you necessary clothes for this season.
  2. Avoid overspending. Easy to say, hard to do. What I like to do, is limit myself to one expensive item per season. For example, I won’t buy more than one coat per season, one pair of shoes per season, and so on.

For a winter capsule wardrobe you will need firstly to focus on purchasing pieces made from high-quality, warm fabrics such as wool and cashmere. These materials provide warmth, comfort, and classic elegance.

Affordable wool coats:
Old-money winter wool coats

Consider investing in a timeless trench coat in a neutral color like camel, black, white, navy I found this very affordable one from Amazon (Camel wool coat and Black wool coat) and Xiaolizi, reasonable quality. Check this blog for more wool coats from Xiaolizi (White feminine wool coat – use my discount coupon: modestandminimalist and you get 15% off)

This versatile piece can be worn over a variety of outfits and instantly adds a touch of sophistication. Pair it with a chunky cable-knit sweater in a neutral shade like ivory or gray. Opt for a longer length to create a more elegant and refined silhouette.

Combine the sweater with a pair of tailored wool trousers in a classic color such as charcoal or navy. Complete the look with a pair of leather loafers or brogues and a structured leather tote bag for a chic and sophisticated winter ensemble.

Old-money winter outfit for women

Tahari trech coatCable-knit sweaterTailored wool trousers Brogues shoesRalph Lauren sunglassesBerny Gold watches Structured leather tote

Banana Republic and Mango have some affordable wool coats that I love, along with other old-money-inspired clothes.


Velvet blazer and plaid blazer are a must for an old-money aesthetic, but you have to be careful when you style it. It can be tricky, look at the style down below for inspiration:


A wealthy woman would never sacrifice her comfort just to follow a transient fashion trend. That’s one of the things that I love the most about this style: the comfort.

Winter is the perfect time to experiment with layering, allowing you to showcase your style while staying cozy.

When it comes to sweaters, the key is versatility. There are no limits to the number of ways you can wear them and you have many styles to choose from:

  • fitted turtleneck;quarter
  • V-neck sweater;
  • cashmere sweater;
  • cable knit sweater;
  • stripe sweater;
  • mock neck sweater;
  • quarter zip sweater;

all in a neutral shade such as black, gray, or cream and quality fabrics like wool or cashmere.

These pieces will serve as the building blocks for your capsule wardrobe and provide endless possibilities for layering.


Old-money winter Outfit

Tahari trech coatSweater vestWide leg pants greyMichael Kors tote handbagAnkle bootsRalph Lauren sunglasses Berny Gold watches – White classic button shirt

Layering is not only a practical way to keep warm during the winter season, but it also adds depth and dimension to your outfits, giving them a polished and sophisticated look. When it comes to layering in winter, vests are a great addition to any outfit and can give off an old-money aesthetic.


Consider investing in a pair of well-fitted trousers or high-quality jeans. These versatile pieces can be easily paired with your winter essentials, offering a refined and polished aesthetic.

Old-money winter outfit for women

Banana Republic Oversized Wool-Cashmere Coat / Banana Republic Wide-leg Wool Pant / Banana Republic Merino sweater / GUESS classic Gold Watch / Gold Pearl Necklace / Tory Burch Tote Bag / Calvin Klein Ankle Boots


Opt for timeless styles that can withstand harsh winter conditions.

A pair of leather boots in black or brown is a staple for any old-money winter wardrobe. Look for boots with a comfortable heel height and durable construction to ensure both style and functionality. Adding a pair of stylish loafers or classic pumps can also provide versatility for more formal occasions.


Accessories are the finishing touches that truly elevate an old-money winter ensemble. Invest in a high-quality leather handbag or tote that complements your overall style. Classic designs in neutral colors will not only withstand changing trends but also exude an air of sophistication.

Luxury outfit inspo:

Old-money luxury winter outfit for women

Theory Wool-Cashmere Coat / Mango Round-neck satin shirt / Banana Republic Wide-leg Wool pant / Banana Republic Cashmere padded-shoulder top / Calvin Klein Ankle Boots / Prada Tote Bag / Cartier Dimond Necklace (Pre-owned) / GUESS classic Gold Watch

If you’re looking to blend in with the wealthy, then I’ve got just the outfit for you! You’ll be able to fit right in with their fashion sense and nobody will even notice you’re not one of them. You don’t have to spend all your savings because you can find luxurious brands accessories at half prices Pre-owned on The Luxury Closet and at Jomashop. This kind of stores will give you plenty of choices for luxury brands at affordable prices.

Additionally, consider adding a few statement accessories like a simple luxury jewelry, vintage watch or a pair of elegant leather gloves. These small details can make a big impact and enhance the overall old-money aesthetic.

Warning: This is what an old wealthy lady would actually wear in winter, it is NOT affordable.

Old money winter luxury outfit for women

Max Mara Coat (out of stock) – alternative Grey Wool Coat / MAX MARA WIDE-LEG Wool Blend Knit Trousers / Banana Republic Turtleneck Sweater / Bernardo Footwear Bootie / Banana Republic Leather Belt / Balmain Gold Watch / btb Los Angeles Large Colette Tote / Poppy Finch Gold Pearl Necklace

Old-money winter capsule wardrobe for women

How many items for a capsule wardrobe?

For a versatile wardrobe, 30 items are usually enough, though the number may vary.

Take inspiration from this photo for creating an old money winter capsule wardrobe for women. The neutral colors, which are specifically suited for the old money style, will give you versatility and allow you to mix and match almost every item from the list.

Old money winter capsule wardrobe for women

Coats: Ecru Wool Coat / Brown Wool Coat / Double-breasted Navy Wool Coat / Double-Breasted Grey coat

Shirts: Blue Shirt / White Shirt

Sweaters: Turtleneck Sweater / Brown Straps Sweater / Navy Polo Sweater / Grey Cashmere Sweater / Navy V-neck Cardigan Sweater / Stripped Cardigan / White pocket tweed jacket

Pants: Cream Wide-leg Chino / Brown Wide-leg Pants / Black Wide-leg Pants ( Similar option) / Grey Stripe Wide-leg Trouser / Navy Wide-leg Pants

Shoes: White Loafers ( Similar option) / Camel Ankle Boot / Burgundy Loafers ( Similar option ) / Black Bootie / Maisie double-strap heels

Bags: Large Colette Tote Black&WHITE / Brown mini Bag / White Tote Bag

Belts: Black / Brown

Watches: Seiko Gold Watch / Seiko Watch

Accessories: Pearl Pendant Necklace

Old money winter outfit for women

Coat / Shirt / Sweater / Pants / Boots / Belt / Watch / Tote Bag

Follow me on social media for more outfit ideas.


This post contains affiliate links. By using my links to shop I may receive a small commission (at no cost to you). I only recommend products I genuinely love. Thanks for supporting what I do 🙂

, , ,

26 responses to “How to create an old-money capsule wardrobe for women? – Winter edition”

  1. Christine Avatar

    I love how classy these outfits are! And the wool coat looks so great for Winter. Thank you for sharing these beautiful staples!

    1. Mirela Avatar

      Thank you so much, I’m glad you like it!

  2. Yufi Mukut Avatar

    Great outfit combination, I love it. Simple but stylish.

    1. Mirela Avatar

      Thank you for your feedback, it means a lot to me!

  3. Char Avatar

    I am so living for this old money style. I don’t know if I will ever be able to pull it off but it sure does look good.

    1. Mirela Avatar

      It’s pretty trendy and you find their aesthetic to many stores (Mango, Banana Republic, Zara, H&M and Amazon). You just have to Pinteres some of this aesthetic and you’ll get the idea

  4. Laura Levitan Avatar

    What a great combination of a classic look. Love the coat especially. I’ve always wanted one of these. Now I see a great way to pair it with the rest of a wardrobe.

    1. Mirela Avatar

      It works with so many neutral clothes, I will update the post for more outfits inspiration

  5. Monica Avatar

    These are great ideas! I love this style.

    1. Mirela Avatar

      Thank you! I love it too!

  6. Hari Avatar

    My girl would enjoy reading this post. She has been looking to create a capsule wardrobe based on the old money style and I am sure she’ll get a lot of ideas from this. Thanks for putting this awesome resource together.

    1. Mirela Avatar

      Thank you so much, I’m glad it’s been helpful

  7. Katie Avatar

    Love this trend and its timeless elegance! Thank you for sharing so many wonderful ideas.

    1. Mirela Avatar

      That’s great to hear! I really hope it was inspiring for you.

  8. Stephanie Avatar

    Timeless and classic fashion in this article. Thank you for all the great tips.

  9. Hilary Overcash Avatar

    Beautiful. Love the classics. I have a khaki trench I’ve been wearing for years.

    1. Mirela Avatar

      The beauty of this classic style is that it can be worn for years and still look luxurious.

  10. Tetyana Hanna, Sarasota REALTOR® Avatar

    Great post. Love classics outfits 😍

    1. Mirela Avatar

      Thank you! ❤️

  11. Stephanie Avatar

    These are beautiful outfits. I’ll definitely keep these tips in mind.

    1. Mirela Avatar

      Thank you so much! 🩷

  12. Desire Zabaleta Avatar

    Very elegant and classy guide for wardrobe, always in style and well-dressed

    1. Mirela Avatar

      Thank you! 😊

  13. Hellen Avatar

    I love ❤️ that style, good work i will buy

    1. Mirela Avatar

      Thank you so much! ❤️

Leave a Reply

Your email address will not be published. Required fields are marked *