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We can confidently say that we spend a significant portion of our hard-earned salary on clothing, but what exactly should is our clothing budget? To be honest, we had no idea why we were excited to explore this story. And just in case you are in the dark about your spending habits too, we thought we would bring the matter to light with a super simple equation.
To clarify this, we have dealt with the award-winning financial planner Pete Dunn. Based on your expertise, we calculated what your monthly clothing budget should be based on your salary. And because we still approve of putting a few pieces in your wardrobe every month, we've included a few budget pieces that we recommend for each of the salaries listed below. Keep scrolling to prepare for your reality check.
Hopefully, this guide has helped you figure out how much you should spend each month on clothing. But as we said before, you know your financial situation best.
This post was originally published earlier and has since been updated by Anna LaPlaca.