The daily struggle of getting dressed for work is real. Often, you find yourself staring into your closet at 8 a.m., waiting for an amazing piece to magically appear. When that doesn't happen (which it never does), you reach for yet another boring button-up and the same pair of slacks you've already worn twice this week. Trust us, we've been there too. And while sometimes you can hardly afford one new item, never mind an entire work wardrobe, there does come a point when your wardrobe needs a serious overhaul.

It's time to tap into that much-deserved bonus and make getting ready in the morning fun again. With the right pieces (that are versatile enough to wear in a variety of ways), you'll be sartorially conquering that boardroom once again, without blowing your entire paycheck. Ahead, we've compiled 10 must-haves that will give your closet the makeover it deserves — without having to spend more than $500.