Model and socialite Olivia Palermo has an amazing sense of style. I don't think there's been one time where I've seen her and have thought I didn't like what she was wearing.

Casually dressed down for a low key day in Brooklyn, the former The City star looks adorable in a Vince Short Sleeve Poncho which retails for $320 and her Jill Sanders $400 flats.

I wanted to know how I could get Olivia's look for much less so I went to my go-to girl, Shauna Miller of PennyChic.com, whose mission it is to style women in fab but affordable clothes.

She estimates Olivia's outfit to be around $1500, but Shauna shows us how to get her style for just $132.40!

Here's how to do it:

1. Macy'sAlfani Short Sleeve Poncho $23.99

2. JCPLong Sleeve Denim Shirt $25

3. H&MSkinny Jeans $19.95

4. Sears — Kardashian Kollection Wayfarer Sunglasses $22.68

5. TargetMossimo Ballet Flats $14.99

6. KmartSofia Vergara Gold Watch $19.99

7. Forever21 Rhinestone Ring $5.80

For more info about Shauna, check out her blog at Pennychic.com.

FORMER HILLS STAR LAUREN CONRAD DAZZLES IN $2,600 OUTFIT, BUT WE HAVE HER LOOK FOR LESS!

KATE MOSS ALWAYS LOOKS EFFORTLESSLY COOL AND WE SHOW YOU HOW TO GET HER STYLE FOR LESS!

EMMA ROBERTS ROCKS OUT TO MADONNA IN $1,200 OUTFIT BUT WE HAVE HER LOOK FOR LESS!

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