How much should you budget for clothing?

Oh My Dollar!

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

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We love hearing from you! Email us your clothing budgets or other financial thoughts at [e-mail] or tweet us at @anomalily or @ohmydollar

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