If you have no other pair of pants in your closet (and if that truly is the case, well, we can't help you), you need to have a pair of the most worn pants in the last year - the cropped jersey gaucho pant. Sometimes it's called a palazzo pant. Whatever it's called, it's awesome. It's versatile because I've seen women wear these pants with a wife beater tank and flip flops to run to the market, and I've seen them wear the pants with a dressy top and sandals to go out at night. I wouldn't be surprised if they were the exact same pair of pants, too.
What's even better is that you can buy designer pants for up to $100, or you can go to Target and grab a pair for under fifteen bucks. Right in the middle, these are by So Low over at ShopBop for $69. Whatever you pay, no one will be able to tell.