With winter formals right around the corner, finding the perfect dress may be difficult. Be the belle of the ball by saving or splurging on one of these innovative dress trends.

Two Piece Dress

This particular dress is created to give off the illusion of two separate pieces of clothing, but is actually only one. For classic Hollywood style, go for one of these two options.

Splurge: BCBG MAX AZRIA Women's Ruffle Neck Brocade Bottom Novelty Combo Dress with Bow ($298 at Bloomingdales.com) may be a mouthful, but this dress is definitely worth every word and dollar. The dress is black and white, with the skirt hitting at the waist.

Save: Max & Cleo Ruffled Faux Two Piece Dress with Metallic Skirt ($178 at shop.nordstrom.com) hides big hips with an hourglass shape. The tuxedo-like ruffles on the top give the dress a formal look ideal for any classy event.

Maxi

The popularity of the maxi dress blew up over the summer months, with stars such as Kate Moss and Lauren Conrad showing off their willowy figures. But as the winter months continue to approach, this dress is not going south. For a more light and elegant option of the look, wear one these options.

Splurge: Ingwa Melero Tilla Maxi Spaghetti Dress in Navy ($297 at revolveclothing.com) offers an ancient Greek-like look as it flows from an empire waist to around the ankles.

Save: Ombre Maxi Dress ($32.80 at forever21.com) fades from black to navy and cascades to the wearer's feet. This dress ruches at the bust for a more flattering shape.

Fringe

These 1930s-inspired fringe dresses are not just reserved for Halloween costumes. Even on an average Friday night, this vintage dress is sure to cause a stir.

Splurge: Thayer Bite Strapless Fringe Dress ($352 at shopbop.com) revives the flapper style with a more modern, strapless silhouette.

Save: Love Moschino Fringe Mini Dress ($230.90 at saksfifthavenue.com) is detailed with the classic flapper fringe. The dress has spaghetti straps and goes to the mid-thigh.

One-Shoulder

Spice up the average strapless formal dress by wearing one of these one-shoulder dresses. This style is flattering on slim and wide shoulders alike.

Splurge: Alice + Olivia Sequined One-Shoulder Dress ($495 at berdorfgoodman.com) is covered from top to bottom in black sequins and is suited for a night at the club or rocking out at a concert.

Save: For a more subdued take on this dress trend, go for the One-shoulder Dress ($69 at anntaylorloft.com). This dress keeps it simple and comes in a flirty red color.