I don't usually post, but this article just astounded me. Apparently $54 a month on clothes and $11.50 a meal is a good deal.
http://money.cnn.com/2015/05/13/pf/millennial-rent-economy-clothes-jewelry/index.html?iid=HP_River
The worst part is that it is on a financial website.
SHeeeeeyit.
What do people here typically spend on clothing? I consider myself horrendously wasteful at about 1/3 that much (and I get to keep mine).
Pre-MMM, scoring an outfit for under $100 was a steal! These days, I still buy quality pieces, but I leverage the power of the internet to get them for far less.
I live in the South, so dresses & sandals are my wardrobe staple. I know what style of dress works best for me, and I stick to it. I have some classic pieces that are 15 years old now and still look like new, so that allows me to go several years without shopping for dresses. Sandal heels wear out quickly, and it's often cheaper to buy a replacement than to replace the taps.
Some of my dresses were starting to fall apart, so I scored a handful of new dresses, most new w/tags, for $11 each! Sandals run $15 or so, and I will need two pairs to get through the summer. My handbag budget is $30 or less, and I can get a year or so out of a good quality one.
I would guesstimate spending $180/year on shoes/clothing/handbags. One of the dresses I purchased still had the tags on it, and it retailed for $149. Sucks for the person who paid anywhere near that amount!
Oh, and buying online isn't perfect, so you do come across an item that won't fit every now and again. The awkward fitting stuff goes to Goodwill, and the too-large stuff, I do my own alterations and make it work.
