Photographer: Reemy-Reemz Alexander
I know there is a constant pressure to look a certain way and it can be a strain on your finances. But take it from me, you do NOT have to break the bank to look amazing. I shop at discount stores, the clearance rack, and on apps like Poshmark and Ebay for certain labels. Some months I feel like I go overboard with shopping for my wardrobe and then I have some months where I have a “dry spell”. But, if you are financial saavy and responsible (or trying to be like me) there is a simple equation to help you become more responsible. Are you ready for it?
 
THP(.05) = Wardrobe Allowance
 
You should only spend 5% of your take home pay on your wardrobe. According to award-winning financial planner, Pete Dunn, you should only spend this small percentage on clothing. I’ve definitely gone over for this month. *shocked face*  But, I’ve gone on a shopping diet so it should even out. This is such a simple equation you can easily memorize it. To get the exact dollar amount multiply your take-home pay by (.05). Go ahead and pull out your cell to use  your calculator if you have…I’m not judging *winks*.  When you know better, you do better.
 
In the photo above I am proudly wearing a dress purchased from Marianne’s in St. Croix  (which is Rainbow in the America) for $5 and my SM pumps from K-Mart for $29.99. I have easily spent more than this on a meal in the city. I used to be obsessed with labels but now I can care less! If I like it, I’m purchasing it no matter where it’s from. Take it from me, it’s freeing when you don’t let superficial things like that control what you wear and how you dress.
 
Besitos,
 
Melizza