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Salary vs Suit prices - Page 7

post #91 of 263
Quote:
Originally Posted by Melanzana View Post





Consumable since it depreciates over time.I never think of clothes as investments.

 


Sometimes it can be, but only in the context of "this is an investment in my future, because it makes me more presentable," for interviews, meeting future in laws, social climbing, or whatever.
post #92 of 263
Westie
post #93 of 263
Quote:
Originally Posted by Melanzana View Post




You can do that for 1/3 the price. And besides, if  all you got is nice looking clothes and nothing else you still won't get very far. You can also forget the "social climbing" because everyone in the top groups have expensive clothes and you would easily be rumbled as a poseur notwithstanding the clothes.
 

 


If one has "made it" to the top groups, on probably has found his way through something more substantial than access to a competent tailor.
post #94 of 263
There's nothing more embarrassing than a guy wearing a suit that exceeds his trailer park mortgage.
Oh, and if you're a renter, you have no business spending more than $300 on a suit.

Under 50K --> $100 suit
$50k to $100k --> $250 suit
$100k to $150k -> $250 to $500 suit
$150k to $250k --> $500 to $750 suit
$250k+ --> $750+ suit

Anything aggressively beyond this is mostly lower class behavior.
Regardless of salary, when assets exceed $500k+, then you can justify a $1000 suit. (Or shell cordovan shoes)
post #95 of 263
Quote:
Originally Posted by Reevolving View Post

There's nothing more embarrassing than a guy wearing a suit that exceeds his trailer park mortgage.
Oh, and if you're a renter, you have no business spending more than $300 on a suit.

Under 50K --> $100 suit
$50k to $100k --> $250 suit
$100k to $150k -> $250 to $500 suit
$150k to $250k --> $500 to $750 suit
$250k+ --> $750+ suit

Anything aggressively beyond this is mostly lower class behavior.
Regardless of salary, when assets exceed $500k+, then you can justify a $1000 suit. (Or shell cordovan shoes)

wow, how many dumb things can you say in one post?

incredible
post #96 of 263
Quote:
Originally Posted by Quadcammer View Post


wow, how many dumb things can you say in one post?

incredible

+1
post #97 of 263
Quote:
Originally Posted by Reevolving View Post

There's nothing more embarrassing than a guy wearing a suit that exceeds his trailer park mortgage.
Oh, and if you're a renter, you have no business spending more than $300 on a suit.

Under 50K --> $100 suit
$50k to $100k --> $250 suit
$100k to $150k -> $250 to $500 suit
$150k to $250k --> $500 to $750 suit
$250k+ --> $750+ suit

Anything aggressively beyond this is mostly lower class behavior.
Regardless of salary, when assets exceed $500k+, then you can justify a $1000 suit. (Or shell cordovan shoes)

It's funny because while I think this is a stupid post, I subscribe to the philosophy. You must be Asian or Jewish.
post #98 of 263


 

Quote:
Originally Posted by Quadcammer View Post



wow, how many dumb things can you say in one post?

incredible

 

Quote:
Originally Posted by thenanyu View Post



It's funny because while I think this is a stupid post, I subscribe to the philosophy. You must be Asian or Jewish.


+1, but I think its too soon to pull out the race/religion card. Which reminds me of a good joke...
 

 



 

post #99 of 263
Quote:
Originally Posted by andrewjames View Post


 

 


+1, but I think its too soon to pull out the race/religion card. Which reminds me of a good joke...
 

 



 


Speaking of Jewish jokes. " a Jewish boy asked his father for 5 dollars. Dad responds, 4 dollars! What do you want with 3 dollars? "
post #100 of 263
Quote:
Originally Posted by Wjleier View Post



Speaking of Jewish jokes. " a Jewish boy asked his father for 5 dollars. Dad responds, 4 dollars! What do you want with 3 dollars? "



You son of a...

 

post #101 of 263
Quote:
Originally Posted by Melanzana View Post





That's the way a kid thinks. Now, I'm not saying that you should live like a miser and save every penny, that wouldn't be really living but there must be a balance.Let's say that you have $5k leftover at the end of the year after paying expenses.Spending it all on clothes is ridiculous.

 

Quote:
Originally Posted by Quadcammer View Post


Well yes and no. There is also savings to consider. Back when I made $50k, I know that I would have much rather saved an additional $1000 rather than buy a needless $1,500 suit over a perfectly acceptable $500 suit.


Quote:
Originally Posted by Melanzana View Post





That's the way a kid thinks. Now, I'm not saying that you should live like a miser and save every penny, that wouldn't be really living but there must be a balance.Let's say that you have $5k leftover at the end of the year after paying expenses.Spending it all on clothes is ridiculous.

 



Let me clarify myself. Basically anything after your expenses and savings is the money you can use. I considered savings an expense, but I see how that was misinterpreted.
post #102 of 263
Quote:
Originally Posted by Reevolving View Post

There's nothing more embarrassing than a guy wearing a suit that exceeds his trailer park mortgage.
Oh, and if you're a renter, you have no business spending more than $300 on a suit.

Under 50K --> $100 suit
$50k to $100k --> $250 suit
$100k to $150k -> $250 to $500 suit
$150k to $250k --> $500 to $750 suit
$250k+ --> $750+ suit

Anything aggressively beyond this is mostly lower class behavior.
Regardless of salary, when assets exceed $500k+, then you can justify a $1000 suit. (Or shell cordovan shoes)

This is a weird post. I agree with the first few lines and the under 50k group. I have seldom seen anyone independent earning under 50k in anything but the $99 rayon special from JC Penney. However, a $1000 is hardly an extravagance to someone earning over $75k and living well within their means. The cost of living does not increase in a precisely linear fashion. Ex, my grandfather has 100 times the cash assets and 10 times the property assets of my mother but 3 times the necessary expenses (food, utilities, taxes).
post #103 of 263
Quote:
Originally Posted by Reevolving View Post

There's nothing more embarrassing than a guy wearing a suit that exceeds his trailer park mortgage.
Oh, and if you're a renter, you have no business spending more than $300 on a suit.

Under 50K --> $100 suit
$50k to $100k --> $250 suit
$100k to $150k -> $250 to $500 suit
$150k to $250k --> $500 to $750 suit
$250k+ --> $750+ suit

Anything aggressively beyond this is mostly lower class behavior.
Regardless of salary, when assets exceed $500k+, then you can justify a $1000 suit. (Or shell cordovan shoes)
Quote:
Originally Posted by Amelorn View Post


This is a weird post. I agree with the first few lines and the under 50k group. I have seldom seen anyone independent earning under 50k in anything but the $99 rayon special from JC Penney. However, a $1000 is hardly an extravagance to someone earning over $75k and living well within their means. The cost of living does not increase in a precisely linear fashion. Ex, my grandfather has 100 times the cash assets and 10 times the property assets of my mother but 3 times the necessary expenses (food, utilities, taxes).
Agreed, +3 to the outlandishness of this post. Renter? What about the city dwellers, where property ownership is impractical or unattainable for whatever circumstance? Your rash generalizations are hilarious.
post #104 of 263
Quote:
Originally Posted by Quadcammer View Post


Obviously someone who scrimps on other stuff to buy a nicer suit could afford more.

Which pretty much makes a thread like this, or any thread asking a similar question, pointless.
post #105 of 263
Quote:
Originally Posted by suited View Post


Which pretty much makes a thread like this, or any thread asking a similar question, pointless.

If you had a million dollars, what would you do with it?

I've got a friend in securities who knows somebody..I'd invest half a million with them, then take the rest....
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