What happens if I click "move to wardrobe" instead of redeem wig?

If you move a redeemable wig to your wardrobe, you can wear it like any other item, and remove it from your wardrobe whenever you wish. You would not be able to use it in the hair salon/change it's color unless you redeem it.

Oohhh...so if I redeem it, I can change the colors every time I want to wear it?

Yep, exactly! If you redeem it, it will appear in the hair salon and you can change the colors any time you want. But once you redeem it, you can't undo it and have the hair coupon back.

Awesome, thanks much :)