How much should you budget for clothing? - podcast episode cover

How much should you budget for clothing?

Mar 06, 201935 minEp. 92
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Episode description

Clothing - it can be a luxury item but it's also a necessity, if you live in polite society. How much should you spend on clothing in a year? How do you balance your budget with your values if you don't want to buy fast fashion items? Do you need to buy high-end sustainable fashion?  Do you have to thrift everything? How do you calculate cost-per-wear? How long are socks really supposed to last? Lillian (4'11") and Will (6'5") talk about the differences in budgeting for clothing based on your height, your job, and your climate, and include some quotes from listeners about their own clothing budgets.  The "rule of thumb" is 5% of your take home pay - but how does that map out? Is that realistic? Links mentioned Lillian's spreadsheet of her entire wardrobe + fun graphs on Racked.comA 1940's wardrobe plan + budget from glamourdazeA 1946 wardrobe budget plan from Seventeen MagazineStylebook App, which calculates cost-per-wear for your closetCollette Pattern's Wardrobe Architect blog post seriesThis is just a very cute youtube video by two of my fav youtubers where they kon-mari'd their extensive wardrobe - hey it's my podcast, I can include cute links if I wantHow to Organize a Clothing SwapThe Luxe StrategistPlease come join us We finally have a forum! Join us at forum.ohmydollar.com is a great non-judgemental place to ask questions or participate in our daily check-ins and challenges. We've only been open for three weeks but we're going strong with lots of fun discussions. Please join! Ask us a question! We love hearing from you! Email us your clothing budgets or other financial thoughts at questions@ohmydollar.com or tweet us at  @anomalily or @ohmydollar This show is made paw-sible by listeners like you We absolutely love our Purrsonal Finance Society Members, the folks that generously support Oh My Dollar with $1 or more a month on Patreon – and have made is so we have free, full transcripts for every show on ohmydollar.com. This episode was underwritten by patron Tamsen G Association and Chris Giddings. To learn more about being part of the Purrsonal Finance Society and get cool perks like exclusive livestreams and cat stickers, you can visit ohmydollar.com/support Other Episodes You Might Find interestingCurbing Impulse Purchases + Regrettable Spending Debt-Free and Queer ft David Auten and John Schnieder Money When Depressed What if your life decisions were made by the stock market? ft. KmikeyM Learn more about your ad choices. Visit podcastchoices.com/adchoices
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