How much money do you spend on clothes on annual basis

I got into this finance stuff so I can be dripped out like the rappers I grew up listening to. However, I am wondering how many of you bankers spend 10k+ a year on a drip. If so, can y'all drop the brands and pieces you rock regular? Just a prospective monkey looking for a way to fuel his fashion hobbies.  

As an icebreaker which is better Gucci or Balencigas? Tbh I like balencigas.  Cant work on wall street to be dripped out.

Comments (7)

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2mo
Stonks1990, what's your opinion? Comment below:

I buy fewer clothes for myself at this point than I do for my wife, she does the same for me. Always a nice little surprise - she's better at dressing me than I am at dressing her. If I had to guess the annual gross combined value we spend for clothes, it's probably around $2-3K. I'm a big fan of wearing clothes until they break, so save professional dress such as collared shirts, vests, q-zips, blazers, etc., I mostly buy higher-end loungewear which is what I live in. 

Lulu, Rhone, Vuori, Todd Synder, Pata, and Uniqlo probably represent 60-70% of my "daily" wear. The great thing about these brands is that you can wear many of their products in a business casual setting. Formal definitely less so, but they usually work. I've never been a designer fan - logos don't really entice me any more, and if I'm trying to "flex" a nice piece I prefer subtle things. For suits, I like Ralph Lauren or Indochino, nothing too expensive but not the entry-level grade. I will say that SuitSupply and Brooks Brothers still carry their weight - I wouldn't wear one to a client meeting, but I also don't feel the need to spend the price of a new car on a Dolce & Gabbana piece. Just a personal take

2mo
poignant, what's your opinion? Comment below:

I share this sentiment largely. Not a personal fan of the "drip" attitude. Personally a very big fan of Ralph Lauren Custom Suits program they have at their flagship stores, their excellent value in my opinion. Indochino I always recommend for entry level.

If I do spend larger amounts of money on clothes it's likely something from Johnston of Elgin, Loro Piana, or Pringle of Scotland. If I can find any of these second hand I'll purchase it there, and looking second hand can be a fun thing to do. Big focus on quality and longevity of the clothes I buy over fast fashion "drip" coming out of large fashion houses these days.

2mo
gufmo, what's your opinion? Comment below:

I only spend real money on clothes for skiing, hiking, and biking. I would guess that's probably about $750 per year. I don't skimp on things that separate me from the elements. At this point I am pretty well-stocked, though. 

In terms of clothes for just wearing? I don't know, $100 annually?

Who gives a shit about this? The fuck is "drip"?

2mo
Isaiah_53_5 💎🙌💎🙌💎, what's your opinion? Comment below:

buysideandbitches101

Cant work on wall street to be dripped out.

Pretty sure you mean "out dripped." Being dripped out means you're dope.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

2mo
Value_Subtracted_Consulting, what's your opinion? Comment below:

Normally about $2K: 1-2 pairs of shoes, a few pullovers/sweaters, a couple polos which runs around $2K. A lot of Peter Millar, Lululemon, Allen Edmond, etc.

But I recently changed sizes which has forced me to replace at least 80% of my wardrobe in the last 2 years which has been a pain in my ass (and wallet). I'd ballpark $20K+ in the process.

Most people with a good collection of nice clothes aren't dropping 5 figures a year. They buy quality pieces over time that last and aren't buying "dripped out" tacky, overpriced designer garbage.

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