Starting a new banking job - really need advice on what to buy [poor college grad in Toronto]

Hello,

I'm a recent graduate based in Toronto, 23, with student loans and low funds available to me (I have $1700 in my bank account and that is all my assets). Luckily I live at home and I'm starting a new job pretty soon where I'll make about $60K/year.

I want to update my wardrobe for work because right now I'm down to the following items:

  • one pair of navy blue suit pants with ripped stitching around the zipper.
  • one black suit jacket that I've worn for the last two or three years.
  • 3-4 dress shirts, a couple from brooks brothers and a couple from RW&Co.
  • one pair of $200 brown Cole Haan dress shoes I wear every day for work and sometimes out if I'm going somewhere that I can't wear my normal running shoes.

I've only got like $2K in the bank and am probably getting my last paycheck at my old job two weeks from today (it'll be another $1700). I start my new job in 3 weeks.

What stores would you guys suggest I go to buy clothes from with my budget, what items should I prioritize? I'm a 6'2 M with a medium build approx 195lbs, with jacket size between 42L and 44 and Pants size 36.

I don't want to come into work and make a bad first impression because I suck at dressing. I know I just need to find clothes that FIT me well vs. spending money on expensive brands, but what store do I go to to get this done?

I've checked out the Harry Rosen Outlet and the BOSS Outlet, but their suits even the ones on sale are super expensive (like $500+ for the ones on promotion/sale).

Please help - need advice.

6 Comments
 

You already have most of what you need. Now you just need a few more pairs of clothes that you can cycle through.

Would buy a few more dress shirts from Charles Twyritt. You can buy 4 shirts for like $100 when they have deals running. Also go to Uniqlo and buy some navy blue and dark green khakis for casual days.

When you start saving more money, then you can buy more clothes as needed.

 

Look into Charles Twyritt and Suitsupply for shirts. Suitsupply is superior in terms of quality and fit, but CT comes very close at a much cheaper price point. CT has plenty of deals as well and very often you can scoop 3 dress shirts for $99.

 
Most Helpful

i got a couple suits from this online only company, direct from the manufacturer in china and the price is crazy low....they cut out the middleman going online only to reduce costs. I think the quality is good, they look good, feel good, are comfortable, and if you don't like, they have a 30 day free return policy...so there is no risk to try them out. They are also running a sale right now, and this link gets you an extra 15% off

https://go.referralcandy.com/share/3MK8V6M</a">https://go.referralcandy.com/share/3MK8V6M

just google it...you're welcome
 

Minus hic illo laudantium tempore corrupti. Molestias rerum quae natus ab perferendis. Optio occaecati numquam voluptas qui vel veniam. Quia hic nesciunt ut dolores omnis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”