Looks for Less, Olivia Palermo

Joe Schildhorn /BFAnyc/Sipa USA, Courtesy: H&M, Forever 21, Nina Miami, Caparros

This season's oversized trend is one of the trickier ones to pull off, given that the look can easily go from chic to schleppy. So when Olivia Palermo known for her perfectly polished, sophisticated style, stepped out in a voluminous Marciano sweater at the recent launch of the designer's capsule collection, we were overcome with admiration. Her edgy leather leggings, beaded clutch and flirty peep-toe heels made for an impeccable ensemble. 

Here's how to snag her style without blowing your budget:

1. Get rich: We loved Palermo's choice of a rich, mustard yellow top because its earthy tones are perfect for fall, while still injecting a sunny pop of color during cold weather months. (Try a similar H&M sweater for $29.95)

2. Strike a balance: Like Palermo, you'll want to counter the sweater's dominating silhouette with form-fitting skinnies. (We found an affordable leather-like version from Forever 21.)

3. Add a bit of bling: Pull the look together with a gorgeous beaded clutch. (On sale at Zappos.com.)

4. Kick up your heels: Flirty peep-toe heels give a final feminine flair that's trademark Palermo. (Reduced to $59.25 at Bloomingdale's.)

What do you think, is this a look you'd want to try? 

See more celebrity street style looks 

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