Credit: Gilbert Carrasquillo/FilmMagic

Bright pants are one of spring's hottest fashion trends, and from the looks of her casual-chic red carpet ensemble at Wednesday's A&E Upfront in NYC, Demi Moore has definitely received the memo.

The 48-year-old actress styled her red satin trousers with a crisp white top along with a gold metallic belt for some added flair. But the best part is -- wait for it -- the pants are by H&M and cost a mere $34.95!

It's always refreshing to see celebs rock affordable fashion finds. Other budget fashionistas include Emmy Rossum (who was spotted in a $60 Express frock earlier this year) and Duchess Catherine, who wore a $90 Zara dress on April 30, the day after her royal wedding.