Teen Chic On A Shoestring

Back-to-school shopping with your teenage daughter can be stressful. So The Early Show enlisted the help of Susan Schulz. As CosmoGIRL magazine's editor-in-chief, she knows the latest trends and offers chic and affordable looks.

She puts co-anchors to the chic-on-a-shoestring test. Play along.

The following are the outfits featured on the show:

Trend No. 1, Russian Bohemian
The '60s/Indian-inspired look that was incredibly popular this summer takes a turn this fall. The bohemian look meets the Russian trend so the clothes are slightly more structured. It has deep romantic colors, has more texture, and velvet is hot. This is a big trend for adult women this fall as well.

Splurge on Model No. 1:
Karen Walker floral print dress: $550
C&C California peach cashmere cardigan: $148
Stuart Weitzman brown leather knee-high boot: $450
Balenciaga brown motorcycle bag: $1,150

Grand Total: $2,298

Steal on Model No. 2:
Stella Starr polyester floral print dress: $48
Forever 21 peach acrylic cardigan: $16.80
Classified brown faux leather knee-high boot: $40
Candie's for Kohl's brown bag: $28

Grand Total: $132.80

What's The Difference?The splurge cardigan is made of cashmere. The expensive boots are made of real leather, as is the expensive bag. The steal dress has no lining and is made of polyfabric.

Trend No. 2, Classic Chic: Think Audrey Hepburn
This is a nice modified preppy look. It's very feminine and very easy to wear.

Steal on Model No. 1:
American Eagle white cotton button-down: $29.50
Go Jane black knee-length skirt with lace overlay: $37
Highlights by Payless teal sateen Mary Jane heel: $16.99
Amici gold clutch: $48

Grand Total: $131.49

Splurge on Model No. 2:
Theory white cotton button-down: $180
Jill Stuart black lace and satin skirt: $325
Lulu Guinness teal satin 'Jasmine' Mary Jane heel: $295 (in stores October)
Lauren Merkin gold leather clutch: $200

Grand Total: $1,000

What's The Difference? The expensive clutch is made of real leather. The Theory shirt has a better fit and is made of high-weave cotton with stretch material. The lace skirt on the expensive look has finer lace.

Trend No. 3, Metallic Glam
Metallic is still very hot. This is for the teenager who wants to look glam for a Friday night. This is a look seen on celebs like Lindsay Lohan.

Steal on Model No. 1:
Lush for Go Jane metallic short-sleeve blazer: $40.99
Old Navy dark denim jeans: $32.50
Unlisted by Kenneth Cole black sateen heels: $39

Grand Total: $112.49

Splurge on Model No. 2:
La ROK metallic tweed cap sleeve blazer: $290
Just Cavalli dark denim jeans: $300
Guiseppe Zanotti black satin jeweled heels: $695

Grand Total: $1,285

What's The Difference? The expensive blazer has nicer fabric with lining, and a better fit. The dark denim jeans also have a nicer fit. The expensive shoes have real satin with crystal stone detailing.