Getting to the Basics

I've always been the type that loves a good statement piece but lately I've really been understanding the need for a few good basics in your closet. One of the things that I've been trying to stick to as far as my shopping habits goes is to switch between buying a statement piece and then a basic piece. Whether it is a good pair of denim or simple black heels that I purchase my basic wardrobe is slowly growing and has made getting dressed just a bit easier. I love that with a few basic pieces you can quickly wear an outfit that is effortless and looks put together...which for someone who tends to run late is a lifesaver.  

What kind of wardrobe do you have? Statement, basic, or a little bit of both? I'd love to know. 

xo Erica