Posts Tagged: money

Reader Request: How Much Should You Invest in Your Wardrobe?

How much should you spend on your wardrobe?

Readers Lynn and Ruby asked:

Lynn: How much spending on clothes is appropriate? I think it certainly depends on one’s budget and income, but what about conscience? I spend somewhere between $150 and $200 a month, I feel guilty as my son and husband spend close to nothing on their clothes. My income is high, I can easily afford $150 a month, but I still feel that this is almost too much.

Ruby: I agree – I’d love to know your thoughts on an appropriate clothing budget as a percentage of your income, for example. If you make $25K, how much should you reserve for clothes/shoes/accessories? $50K? $100K? How should that change if you’re in a professional job and need to wear suits (as I am), or if you wear scrubs, etc. to work every day? I know I’m spending far too little on my wardrobe, but I have no idea how much I should be spending. read more

Originally posted 2011-07-01 06:05:22.

Reader Request: How Much?

Nina sent along this request via e-mail:

Just how much clothing should someone own? All the style gurus say quality over quantity, and quote the 80/20 rule, but it seems like you and other well-dressed ladies have an infinite supply of clothes and accessories to put together fabulous outfits.

You’ll be unsurprised to hear that there is no simple answer to this question. Or if there is, I’m yet to hear it. It’s a little like asking, “How much food should I keep in the pantry?” or “How much furniture is necessary for a well-appointed home?” The answer will depend on several highly individual factors: read more

Originally posted 2011-04-18 06:17:21.

This Week I Love …

eBay.

I’m the first to admit that eBay can be daunting. It can also be frustrating if you use it to track down an item you’ve wanted for ages, and then miss out at the last moment. And, as I’m sure you’ve heard, there are risks. Some vendors are sketchy and dishonest, some listings can be misleading, and you do need to shop and bid carefully. (See this older post on how to shop eBay for my tips.)

But eBay is the land of shopping second chances. Did you miss out on a skirt or handbag that’s now sold out everywhere? Chances are someone’s selling it (or something incredibly similar for less) on eBay. Are you searching for a an item that is a generation or two behind what’s in mall stores now? Check eBay – some seller might be trying to offload that very thing. Are you in love with a designer’s style but unable to afford full price? Always, always, scour eBay before ponying up. Current season, slightly used items can generally be found if a designer is well known. read more