recessionista

World English Dictionary
recessionista (rɪˌsɛʃəˈniːstə)
 
n
a person whose clothes, whether cheap, second-hand, or suitably subdued, are considered appropriate to an economic downturn
 
[C21: from recession + -ista]

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Dictionary.com's 21st Century Lexicon
Main Entry:  recessionista
Part of Speech:  n
Definition:  a person who finds a way to dress stylishly on a very tight budget
Example:  A recessionista looks like a million dollars, but only has $20.00 in her pocket.
Etymology:  c 2001; based on fashionista
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