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Good Natured Advice Thread (improving a business wardrobe) - Page 1025

post #15361 of 37428
Quote:
Originally Posted by in stitches View Post

I want to make 500k +.

 

People on the internet seem to make a lot more money than the people I meet in real life...

post #15362 of 37428
Quote:
Originally Posted by Monkeyface View Post

It does bring me joy, but perhaps not enough to justify the cost. All that extra money I would save could be used on traveling with loved ones for example, which I'm sure I'd enjoy more. Or save up more for a rainy day, or invest so I can create a steady stream of income next to my salary.

For example, I have 12 pairs of shoes at the moment, but I don't wear most of them. During the week I wear black cap toes, of which I have four pairs. So, for during the weekends I'd need a pair of loafers, boots and perhaps long wings/gunboats. That's 7 shoes, which means I have nearly double than what would be necessary. The same goes for suits, odd jackets, trousers, jackets, etc.

So, I have all that I need and could possibly wear, and I'm still looking to buy more! I just realized if I were to continue along this path I would end up with lots of bespoke suits at $5k a pop and lots of expensive shoes, perhaps 30 pairs, which I couldn't wear anyways, and lots of coats and jackets.

My salary will (hopefully) go up fast enough that I could afford it, but even when I'm at $500k+ in about 5-7 years I'd still be giving up other things in exchange for clothes. I've decided that's not worth it for me.

So, I'm going to put some thought into making a capsule wardrobe that looks nice enough at minimal cost, and my aim is to realize that over the next 5 years or so. So no more buying things whenever I like it or the price it right, because that's won't get me anywhere.

Your head is in the right place and you've come to a good realization rather early to your own benefit.

I understand the lure of bespoke (wanting to own the best) especially when you have many people waxing poetic about their experiences and I am also aware of the less than stellar results (just browse the Rubinacci, A&S, NSM threads), enough people look like shit in expensive clothing. But no judgments here, it's where you are in life and your priorities. When you find yourself owning more than you need even for this hobby then it's time to take a step back. Lord knows I own more clothing and fragrances that I could use up in a lifetime but I don't feel any remorse coz I give them away often so I can buy more. biggrin.gif
I am pretty old school and I don't believe in personal debt outside of a mortgage(s) so I rely on a monthly budget that has a blow money category that I can spend at my own discretion. After investing, saving, tithing and giving, then you owe yourself something. You can blow it on sale items or save it to fund a more thought out item, bespoke, MTM or expensive RTW; your choice.

So keep up the prudence and hey you are in decent shape so you don't absolutely need expensive clothing to look good. Forum cred be damned. Just an observation.
Edited by kulata - 11/21/14 at 6:36am
post #15363 of 37428
Quote:
Originally Posted by Monkeyface View Post


It does bring me joy, but perhaps not enough to justify the cost. All that extra money I would save could be used on traveling with loved ones for example, which I'm sure I'd enjoy more. Or save up more for a rainy day, or invest so I can create a steady stream of income next to my salary.

For example, I have 12 pairs of shoes at the moment, but I don't wear most of them. During the week I wear black cap toes, of which I have four pairs. So, for during the weekends I'd need a pair of loafers, boots and perhaps long wings/gunboats. That's 7 shoes, which means I have nearly double than what would be necessary. The same goes for suits, odd jackets, trousers, jackets, etc.

So, I have all that I need and could possibly wear, and I'm still looking to buy more! I just realized if I were to continue along this path I would end up with lots of bespoke suits at $5k a pop and lots of expensive shoes, perhaps 30 pairs, which I couldn't wear anyways, and lots of coats and jackets.

My salary will (hopefully) go up fast enough that I could afford it, but even when I'm at $500k+ in about 5-7 years I'd still be giving up other things in exchange for clothes. I've decided that's not worth it for me.

So, I'm going to put some thought into making a capsule wardrobe that looks nice enough at minimal cost, and my aim is to realize that over the next 5 years or so. So no more buying things whenever I like it or the price it right, because that's won't get me anywhere.

 

Why don't you just siphon off your income into different accounts for different purposes?

 

W% for life expenses: rent, food, going out, etc.
X% to saving

Y% to travel

Z% to clothes

 

That way you still have play money but don't feel bad for all that other stuff. 

 

At a certain point you definitely have to be honest about yourself about whether you'd actually use the stuff you're buying or if you want it just because you like the idea of having it. Also, find a good RTW that works for you. At a certain point, the only person that can tell is you.

post #15364 of 37428
Anyone digging the silver/cream houndstooth? I like it quite a bit.

What color of velvet would you recommend? Feels like it's a bit too gaudy, not that I'm really one who can complain. I did just get a burgundy blazer.
post #15365 of 37428
Quote:
Originally Posted by Isolation View Post

Anyone digging the silver/cream houndstooth? I like it quite a bit.

What color of velvet would you recommend? Feels like it's a bit too gaudy, not that I'm really one who can complain. I did just get a burgundy blazer.

Midnight blue.

Not feeling the houndstooth. Maybe for pants.
post #15366 of 37428
Quote:
Originally Posted by SeaJen View Post

I'm confident you dont want the work life that comes with it.

Trufax.

What I meant was, I want to make 500k+ whilst sitting on my ass all day shopping and talking fashionz.
Quote:
Originally Posted by EliodA View Post

People on the internet seem to make a lot more money than the people I meet in real life...

People on the internet also have hueg penorz.
post #15367 of 37428
Quote:
Originally Posted by in stitches View Post

People on the internet also have hueg penorz.

Well, when I was younger I've checked a few websites and that appears to be true.
post #15368 of 37428
lol8[1].gif
post #15369 of 37428
Thanks for the discussion guys. I'll definitely have to put some more thought into this, as it's not an easy question. I just had this sudden realization where I saw myself in 5 years time with lots of expensive clothes that I won't wear frequently enough to justify the cost. That made me think, and that's how I got to this discussion.

When it comes to making $500k+ before you're 30, it's not entirely unachievable if you're working in the right division of a big investment bank. There are guys sitting a couple of meters away from me that make many multiples of that. The hours ain't bad either, from 7:30-5:30 for me, but of course you have to like what you're doing every day if you want to last longer than a couple of years.
post #15370 of 37428
Noodles is gone? frown.gif
post #15371 of 37428
Quote:
Originally Posted by Isolation View Post

Guys guys guys, this isn't CM or very SF-ish, but what do you guys think of these fashion walkway whatever outfits? I'm having a disagreement with someone.



I actually like all of these combos. Only issue I have is the fullness of the pants, and after lurking on SWD more nowadays, I am a big fan of white understated sneakers. I'm pretty sure my next big shoe purchase will be a pair of white Common Projects.
post #15372 of 37428

Also consider the Epaulet White Trainers. They're awesome

post #15373 of 37428
Quote:
Originally Posted by jrd617 View Post

Noodles is gone? frown.gif

No. Just taking a breather. Will return after Thanksgiving.
post #15374 of 37428
I'm tempted to get a nice pair too but I don't wear sneakers enough to justify that. Did get three pairs of simple sneakers on discount, so I'll wear them for the next few months see how I feel about them.

Right now I'm breaking in my fresh calf Chukkas and have done an hour and a half or more of walking, let's just say my ankles are building a lot of character and might appreciate a change to something softer.
post #15375 of 37428
I dont know anyone who pursued an academic life for the fiscal rewards. Although some (very few) can make that kind of money, they are still choosing lower salaries than they can make elsewhere. Faculty salary surveys are produced annually by all public schools I know of and some (those in Texas, for example) list individual professor's salaries and even ROI!

I know many people in the financial sector and I wouldnt swap with them even on my worst days.
Quote:
Originally Posted by TweedyProf View Post

Some humanities superstars can make >300K as their 9 month salary. For B-school/med-school/law-school types, with consulting, well, the ivory tower can be quite lucrative. Alas, not for me. Writing a major textbook helps as does consulting which is easier for the science/engineering types and some of the social sciences like economics.
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