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Salary vs Suit prices

Discussion in 'Classic Menswear' started by dingdongbell, Aug 29, 2011.

  1. hellodocks

    hellodocks Senior member

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    Correct. Sorry, I was merely flamebaiting. I have already mentioned your name to several guys on the desk, perhaps we can reestablish your esteem of financiers sometime shortly.
     
  2. Klobber

    Klobber Senior member

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    Lots of good points, although i am suprised this thread has continued this far in regards to the rationale on suit expenditure vs income. Seriously, it is pointless trying to mould some scientific reasoning to it - some people are dumbasses who suffer some kind of OCD when it comes to clothing, i.e. low income but would spend $300 plus on a T-Shirt or $4K on a suit. Others are pragmatic, and then you get the others who have vast fortunes where suit affordability is childs play compared to expenses entailed by their fleets of vehicles and holiday homes.
     
    Last edited: Aug 30, 2011
  3. chogall

    chogall Senior member

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    My spending pattern is fluctuates extremely between years. Some years I spend only a couple hundred dollar in clothing and several thousands in some other years...

    Mostly its just replacement and tailoring, with acquisition of some small statement pieces.


    Or, most of clothing items acquired last a good 5+ years nowadays. After an wardrobe is built, its mostly replacement costs.

    I mean, some of the undergarment and seasonal items I acquired lasted a good decade. And my suits are 5+ year strong...
     
    Last edited: Aug 30, 2011
  4. stu00a

    stu00a Senior member

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    Are we talking about the value of suit or actual cost?
     
  5. gomjoon2

    gomjoon2 Member

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    I would say a better question would be discretionary income vs. suit price. Person A could make twice as much as person B in terms of salary, but after figuring in loan payments, bills, rent, and other necessities, their discetionary incomes may be quite similar.

    Finding the right price point depends on what the trade-offs are. I choose to buy suits ~1K, because I know I can get a quality suit and still have money left over for other things (shoes, travel, eating out, etc.) I could get a cheaper suit and have even more money for those things, but I feel that the trade-offs are not worth it to have a suit that I like, look good in, and feel comfortable in. Alternately, I could buy suits, for example, in the 2K range, but that would leave less for other things that I want.

    Basically, my recommendation would be to find a price point where you don't continually question the purchase (i.e., did I spend too much/too little?)

    Just my 2 cents.
     
  6. dashzero

    dashzero New Member

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    I doubt the people controlling wealth are posting on here. I bet they dress very well though, in what ever situation they are in.
     
    Last edited: Aug 30, 2011
  7. mrclam

    mrclam Senior member

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    given the price ranges we're talking about, i don't think we're discussing "people controlling wealth"
     
  8. JubeiSpiegel

    JubeiSpiegel Senior member

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    I believe there was a similar thread a few months back asking how much should you make to justify an expensive suit, and it was all but conclusive. As some stated, to justify getting a $5,000 suit, some would only require $5,001 of income. Personally, i am in the $50,000 bracket, and i will have no hesitation in spending $5,000 - $6,000 on a suit from Savile Row, just my personal dream is all. I will add that i do currently have no dependents though. I have always said that as long as i have no children, i can pretty much even justify owning a Ferrari one day, last i checked it cost the average middle class family $200,000 to raise a child to the age of adulthood. Maybe that's the real tip here, don't have kids and get yourself 10 bespoke suits instead :D
     
    Last edited: Aug 30, 2011
  9. Quadcammer

    Quadcammer Senior member

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    Your personal dream is a bespoke SR suit? Really? Thats what you dreamed about as a kid?

    Maybe waiting until you can truly afford it would make more sense?
     
  10. rohde88

    rohde88 Senior member

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    I like your two coppers. As long as your other basics (food, shelter, transportation) are reliable and secure, you can afford a $500 good looking suit that will fit well and only spend as much as you won't question the purchase.
     
  11. ajmanouk

    ajmanouk Senior member

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    Goddamn the bottom line is that there is no fucking "should spend" amount. It's unique to the individual. Making $100k in a business environment that demands strictly business casual will differ from an environment demanding a suit and tie daily, and both of these will drastically differ from a well-established and intelligent plumber. All three for the sake of the argument make $100k annually, but all three have different demands for the number and quality of suits they possess.

    /thread
     
  12. JubeiSpiegel

    JubeiSpiegel Senior member

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    I did not know the dream police was going to pull me over for having sartorial aspirations, did not know there was a stature of limitations on such things :satisfied: I'll be sure to keep my expectaion speed limit under "realistic" next time officer.
     
  13. andrewjames

    andrewjames Member

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    +1

    I work in a field that requires a suit every day. While I agree with those who said most people don't know the difference between a $500 suit and a $1500 suit, I'd choose the latter because I'm wearing it and I know the difference. If someone making 50k wants to feel good in a nice suit, more power to him! It's all personal preference.
     
  14. junior varsity

    junior varsity Senior member

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    question - are suits considered investments or consumable goods?
     
    Last edited: Aug 30, 2011
  15. Gdot

    Gdot Senior member

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    Well, in theory, investments increase in value.

    As this rarely occurs with clothing I'm afraid they would have to be considered consumables - or perhaps 'semi-durable' goods at best.

    As much as many of us would prefer it to be otherwise.
     
  16. junior varsity

    junior varsity Senior member

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    i mean, technically suits imho are very delicate consumables... because for $1600 you can get a nice RLBL anthony in standard colors (never on sale) , but for the same price you can get a nice tag heuer carrera automatic or a second hand omega seamaster...
    the RLBL suit will tear if you catch it wrong on a table corner, and thats the end of your $1600 but the watch is a lot more difficult to destroy by accident
     
  17. Quadcammer

    Quadcammer Senior member

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    I don't quite get the point of your argument.

    If you need a suit, you buy a suit, if you need a watch you buy a watch.

    I'm not sure where the comparison should be taken into account given that the two are not remotely similar despite being the same price.
     
  18. ChicagoRon

    ChicagoRon Senior member

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    Depends on perspective. If the suit will help you land a job or be more successful at it, you could look at it as an investment. However, as others have mentioned, you are generally wearing an expensive suit for your own satisfaction, as others will be hard-pressed to tell the difference between two well-fitting suits of different quality.
     
  19. mrclam

    mrclam Senior member

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    I daresay that unless you are in sales, you also need to be careful not to out-dress your role. You can say whatever you want about how "i can use my disposable income in x way," but if I show up in a 911 turbo on a 50k income, I don't think my boss is going to be very motivated to find ways to put more money in my pocket. Nor is he likely to see me as a responsible individual who should have more things under my responsibility. As always, there are exceptions to the rule, but you need to be smart about it. suits are consumables - there is no question at all about that.
     
  20. thenanyu

    thenanyu Senior member

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    You bring the lulz.
     

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