Quote:
Originally Posted by V
I don’t think I could afford working in the high powered world of finance or litigation. I make pretty good coin and I couldn’t imagine spending the money you people do on clothes.
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Lots of people - and probably some in this thread - overspend on clothes. I remember reading in The Millionaire Next Door, which profiles mindset and spending patterns of typical millionaires, how they generally had a low clothing budget. Underachievers of wealth (UAWs) spent like some of these posts with the lavish suggestions recommend.
That's not to say you shouldn't spent a lot on clothes to look really good. It is to say you shouldn't spend a lot on clothes if you want to become wealthy.