I recently engaged in a bit of an experiment when it comes to my spending. I tallied up everything I spent in one category, clothing, over the past two months, and how many items I spent that money on.
Inspired by bloggers like Sophie With a Blog and The Luxe Strategist, I wanted to become more mindful about what I added to my wardrobe. The first step in that, of course, was figuring out what it was that I was already doing (I knew it felt excessive).
In the past two months, I added 21 items to my wardrobe for $287.37. Those numbers were both better and worse than I expected. The total retail price of these items is around $976.03. In other words, I paid just 30 percent of the retail value for these clothes.
I take home $1,459.93 twice per month. During the two-month period of this experiment, my income totaled a bit higher than that, because I received a bonus from work. In total, during the two month period, I made $7,273.27. As a proportion of my take-home pay for the two months, I spent 3.9% of my income on clothing. That said, the bonus was a bit of a surprise to me, and I socked it away in my savings account almost immediately. Had the total spend been a proportion of my expected income, it would have been 4.9% of expected take-home pay.
In two months, I added two pairs of jeans, two blouses, two pairs of tights, two sweaters, one skirt, one swimsuit, six “basic” tops, one pair of shoes, one dress, one purse, one pair of earrings and one scarf to my wardrobe.
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