Skip to main content

Start Here - Money and Clothing

If you're looking for fashion tips, you've come to the wrong place.

Instead, this blog is all about how to navigate the tension between having clothing that makes us feel and look our best, and how to acquire that clothing in ways that allows us to invest the difference  wisely.  I'll share my "finds", review books that I have found helpful, talk about Goodwill Industries, and also discuss financial matters along the way.


Suddenly Poor

When I was fourteen, my parents divorced and my mother, who had full custody of me and my two younger sisters, moved us to Piedmont, a small enclave inside of Oakland, California.

Don't be surprised if you've never heard of Piedmont - it's only one square mile big and almost entirely residential. However, it was (and still is) home to some very wealthy and successful people in the San Francisco Bay Area who made their money prior to the tech boom. A quick Google search of images of Piedmont will show you the mansions of the families I went to school with.

My mother had gotten a toe-hold into a "poorer" area of Piedmont, choosing the town over Oakland so that we kids could walk to all of our school activities--something that would have been impossible for us to do in Oakland. It didn't occur to her or us that we had suddenly become drastically poorer than our new friends, and that this would have social (and financial) implications for us.

The tension between how much money was available for clothing and the kind of expensive clothing I felt I needed started young for me.


Suddenly Rich?

By the time I was fifteen, my mother had remarried, and money wasn't quite as tight. She provided me with what seemed like an enormous allowance at the time - nearly $150 per month in today's dollars to buy all of my shoes, clothing, birthday and Christmas presents for family members, and the occasional outing with friends.

My mother provided me with no training on how to purchase clothing and build a wardrobe (she likely didn't have any training herself), and so I ended up buying shoes and  "outfits" with no rhyme or reason, except that they were trendy and helped me fit in better. I remember spending what today would be over $160 on a pair of crepe-soled lace-up leather boots that were all the rage at the time - paired with a Gunne Sax dress that I got as a (much begged for) birthday gift. Here is a photo of the look; my own dress was almost identical to this one:

gold vintage boots - navy vintage gunne sax dress


I had no sense of how to budget the money I got each month, or how to plan my purchases so that I wouldn't be stuck wearing the same two or three expensive outfits every day to school!

As I became more financially independent, I began to recognize the huge hole in my education about how to plan and budget for a wardrobe. I began reading books, visiting thrift stores, and thinking more proactively about how to make better clothes-buying decisions. 

I look forward to both sharing the lessons I've learned along the way, and hearing about your lessons. Thanks for joining me on this journey! 

Comments

Popular posts from this blog

Gift-Giving and The Problem with Stuff

 Most of us, let's be honest, are drowning in stuff. While minimalist Joshua Becker's post was written several years ago, I suspect that the statistics he cites, described below, have only gotten worse. TOO MUCH STUFF 1. The average household owns 300,000 items. Wow. 2. 32% of households only have room to park one car in a two-car garage (one in four can't park any car in their garage). 3. One out of ten of us rents offsite storage to deal with our excess stuff. As of March of 2020, there was 5.4 square feet of offsite storage space for every man, woman and child living in the U.S. 4. Even with all the stuff we have, we don't have enough money . I created this blog to encourage us all to be more conscious consumers of clothing - to consider buying quality clothing second-hand and to be more thoughtful about how much of it we really need. The goal is to keep our clothing from becoming just more stuff that's out of control. Naturally, these concepts go beyond cloth...

Having Enough (Thanksgiving Edition)

 I culled my closet a couple of weeks ago, inspired again by Courtney Carver's Project 333  to limit my clothes only to what I intend to wear over the next (in my case) four months. Everything else got put into drawers or taken to an unused closet upstairs. While I'm sure I've gotten some things wrong (I just haven't figured out what they are yet), it feels like a revelation to walk into my closet:  Not too much, and not too little, it's exactly enough. The "Fulfillment Curve" from Your Money or Your Life (Dominguez & Robin) What does having "enough" clothing look like? When I left my job as a financial advisor, I no longer had "enough" clothes. I had plenty of clothing for meeting with clients in person; I also had workout clothing and a couple of more formal dresses. But I didn't have anywhere near enough clothing to meet my new daily circumstances of hanging around the house, meeting with a friend or running errands. I'v...

Casualization of Clothing

 I'm taking a break from talking about used clothing this week to focus a bit on history. I recently saw a photograph of women from the 1920s, and it occurred to me what an amazing transformation had happened for women's clothing in just 30 years. Here's an image of what women wore in the 1890s. Note the long sleeves, high necklines and rear bustles. These outfits would also have required a corset underneath and petticoats. I found this image at ThisVictorianLife.com .  The couple who runs the site wears Victorian-era clothing in their everyday lives. Here is an image of what women wore in the 1920s. Note the (relatively) high hemlines, short sleeves and more contemporary necklines. Also note the low heel on the shoes. I found this image on a Pinterest page. While I personally prefer clothing that's a bit more figure-flattering, imagine the freedom these women from the 20s experienced compared to their 1890's sisters! Have things changed as much 100 years later? Ma...