Money: 9 Things Your Clothing Budget Should Cover (in addition to new clothes) - Who Wears Who? (2024)

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Money: 9 Things Your Clothing Budget Should Cover (in addition to new clothes) - Who Wears Who? (2)

Building a wardrobe you love means more than just buying new clothes. It also means taking care of the clothes you want to keep around. But the items you need to take care of your clothes can be easy to forget when you’re setting up your clothing budget.If nothing else, your clothing budget should cover the items you need to take care of the clothes you’re buying because if a garment isn’t worth taking care of, it’s probably not worth buying in the first place.

So, here are 9 things your clothing budget should be covering (in addition to buying fabulous new clothes).

  1. Tailoring & Alterations.
    Getting pants hemmed, jackets taken in, buttons changed, sleeves shortened, etc. Take the cost of any work that needs to be done into account when considering a new purchase.
  2. Mending.
    Replacing buttons, fixing rips, replacing zippers, etc. If a piece of clothing isn’t worth taking care of, it’s probably not worth buying in the first place.
  3. Laundering & Specialty Laundering.
    Regular washing, spot cleaning, dry cleaning, specialty items, etc. Thinking about these as “clothing expenses” instead of “household expenses” will help you make more aligned clothing purchases in the first place.
  4. Shoe Repair.
    Getting your shoes cleaned, or resoled, or repaired is also a clothing expense. Having a space for this in your clothing budget, will help you invest in better shoes because you have a plan to take care of them.
  5. Returns.
    Depending on where you shop, you may have to pay return shipping for items you want to return. So factor that in. Or if you’re renting items, do you need to pay to dry clean them or pay to ship them back.
  6. Clothing Comfort Incidentals.
    Shoe inserts, bra strap clips, nipple covers, no-slip shoe sole patches, moleskin, body-safe double stick tape, etc. These can be easy to forget about and add up quickly. But not accounting for them can mean not wearing clothes you love because they are uncomfortable.
  7. Wardrobe Care Incidentals.
    Lavender drawer bags, cedar chips, stain remover, shoe bags, deodorant sponges, lint brushes, leather care, etc. Again, moving these from household expenses to clothing expenses will help change the budget question from “do I buy cedar chips or toilet paper?” (If 2020 taught us anything, the answer is TP just in case.) To the budget question of “do I buy a new garment or do I take care of the garments I already own?”Then taking care of the clothes you own will help you make more confident clothing purchases in the future.
  8. Wardrobe Organization.
    Specialty storage like shoe racks and drawer dividers, and also regular storage that needs to be replenished every so often like hangers.
  9. Event Garments and Specific Undergarments.
    Depending on your lifestyle these might fall as items under an event specific budget (like graduations or anniversaries). Or it might fall into your more general clothing category for events like Halloween or being a wedding guest, or hobbies that call for specific clothes. And don’t forget the strapless bra or skin-toned no-show underwear. (For more on this, check out “How many bras should I own?”)

How much of your clothing budget you devote to each item, is up to you. But your clothing budget should cover and take into account all nine of these items. Even if you can’t remember the last time you bought hangers, there will come a time when you need more.

No matter how you set up your clothing budget – as part of your miscellaneous items, or a monthly clothing budget, or as a sinking fund –keep these items in mind as you think about the cost of clothing. You’ll have fewer budget surprises, and will be able to take care of the clothes you love so you can wear them for years to come.

And when you are buying new clothes, consider utilizing a Pocket Shopping List to avoid impulse shopping and keep your purchases focused on clothes you love.

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Money: 9 Things Your Clothing Budget Should Cover (in addition to new clothes) - Who Wears Who? (2024)

FAQs

Money: 9 Things Your Clothing Budget Should Cover (in addition to new clothes) - Who Wears Who? ›

How Much Should You Spend on Clothes? Most financial experts say to keep clothing spend to around 5% of your take-home pay for the entire family. So, take whatever your monthly pay is and multiply it by . 05 and that is the MAX you should spend in a given month.

What should a clothing budget be? ›

How Much Should You Spend on Clothes? Most financial experts say to keep clothing spend to around 5% of your take-home pay for the entire family. So, take whatever your monthly pay is and multiply it by . 05 and that is the MAX you should spend in a given month.

Why is it important to budget for clothes? ›

When it comes to managing your finances, clothing budgeting plays a crucial role in ensuring that you can dress well and update your wardrobe without breaking the bank. By allocating a specific amount of money towards your clothing expenses, you can make informed decisions and prioritize your purchases effectively.

How many items of clothing does a person need? ›

The minimum number of clothing items needed for one person varies, but a basic wardrobe might include essentials like tops, bottoms, outerwear, and undergarments. A practical minimum could be around 15-20 items, adaptable to individual preferences and lifestyle.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How much does a person spend on clothing per month? ›

Clothing and Personal Upkeep

The average U.S. household spends $162 per month on clothing, according to the U.S. Department of Labor, and you'll probably want to include personal grooming costs as well as any dry cleaning in this budget category.

Why clothing is a basic need? ›

Answer: We need clothes to cover ourselves and protect us from Dust, rain, insects, sunlight, etc. Like food and shelter are basic needs of a human being to survive.

Do more expensive clothes last longer? ›

Quality clothing, while more expensive, is inherently made better. From the higher-end fabrics that last longer, to the stitching (higher quality clothes have more stitches per inch to help the piece hold better over the years), clothes you spend more on are designed to last.

Why do people wear expensive clothes? ›

Luxury clothing and its place in the wardrobe

They offer a level of refinement that is hard to match and can instantly enhance any outfit. In addition, luxury clothing is not only a way to express personal style and individuality, but it also reflects a certain level of status and exclusivity.

How much do clothes usually cost? ›

On average, basic clothing items like t-shirts and jeans may range from $10 to $50. More specialized or designer clothing can have higher price points, ranging from $50 to several hundred dollars. Luxury or high-end designer clothing can go even higher, reaching into the thousands.

How much should I spend per month? ›

Our 50/30/20 calculator divides your take-home income into suggested spending in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repayment. Find out how this budgeting approach applies to your money. Monthly after-tax income.

How much clothes should I actually own? ›

According to a report referenced by Vogue in 2022 that leans on sustainability goals, “The researchers found that a “sufficient” wardrobe consists of 74 garments and 20 outfits in total.

When should you get rid of clothes? ›

Pieces that are dated.

Even if it used to fit and look great, there's a good chance it's dated. There are some exceptions to this stylist tip, but in general, get rid of anything that's been in your closet for a long time and isn't classic.

What is the rule of 5 in fashion? ›

So what exactly does The Rule of 5 involve? It's simple: you can only buy five new fashion items a year, with an exception for socks and underwear – however, only what you need.

How many clothes should a girl have? ›

Let's be clear- the number of clothes varies based on individual preferences and lifestyle. A practical range is between 30 to 50 clothing items for a well-rounded wardrobe. Factors like daily activities, climate, and laundry will all influence this number.

What is a reasonable amount of clothing? ›

According to a report referenced by Vogue in 2022 that leans on sustainability goals, “The researchers found that a “sufficient” wardrobe consists of 74 garments and 20 outfits in total.

What is a good clothing allowance? ›

According to Dunn, you should spend 5% of your monthly income on clothing. To find the exact dollar amount you should be spending per month, multiply your take-home pay by 0.05. For example, if your monthly take-home pay is $3000, you should spend around $150 per month on clothing.

What is the average cost of clothing per month for a child? ›

Your growing baby is fitting into new clothes on a regular basis now. Baby clothes are the most common gift that new parents receive, but the average cost of clothes is around $50 a month for the first year. Using hand-me-downs or shopping at second-hand clothing stores can help you save in this area.

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