Building a Professional Wardrobe on a Budget: Men’s Edition

Building a Professional Wardrobe on a Budget

Professional Wardrobe on A Budget

I remember when I graduated from college, and I had no idea of what to wear for my first job. I started asking my coworkers, but they thought the professional wardrobe should look like.  But, I told them that I needed a professional wardrobe on a budget.

They looked at me like I was crazy. For men, it’s even worse.

Now, if you’re like a lot of people you only have a small budget to buy clothes with.   You see, most people don’t have an unlimited budget for creating a great wardrobe.  This post is why I’m writing to you. Hello, men.

Bottom line, If you want some solid tips on how to build a professional wardrobe on a budget stick with me for five minutes I’ll give you the answers. Your Mother, Girlfriend or Boyfriend will thank me.

How To Create A Wardrobe Budget Out Of Thin Air

Consider this: the first thing that people tend to say when they’re considering building out a new wardrobe is, “I have no budget I have no money. How my going to do this?”

Listen up. I can give you the solution, but you have to save a little bit of money.

To make it easy to set aside some money I have a simple suggestion. Take 7% of your take-home pay and put it away for buying new clothes every single month.

Now, there are a couple things that you can do to save some money every single month. Being part of the millennial generation, we tend eat out a little bit more. So, suggestion number one is to eat out less. On average, you’ll  save yourself $30-$50 per week if not even closer to $100 dollars per week.

My other surefire suggestion is: stop drinking Starbucks for a little bit. The average Starbucks bill  for a single order is $3.63. If you decided to drink a coffee at work, or just get to go cup from your home, that will save you over $1000 dollars per year.

Of course, you want to be able to indulge yourself. But make no mistake about it, if you set aside a little bit of money every single week or month, you’ll have an extra  $2000 to $5000 per year that you can put towards a classic professional wardrobe.

Go Shopping In Your Closet

People only use 25% of their clothes in their closet.   How does this occur? Well, people are creatures of habit and they tend to wear the things that make them feel most sure about.

Here’s what you need to do.

1) Set aside one hour.

2) Going to your closet, and divide your clothing between things that you wear and things that you don’t.

3) Then divide the things that you don’t wear into two categories.

A) One I can and will wear this and it works for my job.

B) I will never wear this.

The clothes that fit into the second category, take them put them in a bag and donate them to charity. An added bonus is that you get a tax reduction on the clothing that you donate to charity.

Luckily, that tax savings allows you buy better clothes.

 Focus On The Essentials For Your Budget Wardrobe

Frankly, a lot of people make this mistake when building out their wardrobe essentials.

They start to buy clothing and an ad hoc way. This results in I’m having close that don’t necessarily Match the quality and specificity that they need.

Here’s what I mean, look at buying the basics, very conservative men’s clothing. If you look at Ralph Lauren it’s almost timeless. Now I’m not suggesting that you go out and buy those clothes, but I am suggesting that you look at going traditional styles. An awesome way to  find clothing with a limited budget is that you might want to be looking at thrift stores or secondhand stores. I found of many hermanas ties, Armani suits, Ike Behar  classic clothing to fill my wardrobe.

I also suggest that will if you do buy secondhand clothes, you want to be able to take them to a Taylor. Now, some older clothes that I bought were a little bit baggy and that was the style at the time.  But, after spending $40 at my local tailor, he was able to make them look pristine and they fit like a glove. (Best investment 🙂

Bottom line, you have to be strong and avoid trendy clothing when you’re acquiring your basic.

 Avoid Fast Fashion and Go For Quality

Now, you might think that you wanted cheat the system.  Your friends may have suggested that you go to places like H&M and Zara. But, do not do this. Here’s the thing: when you buy inexpensive clothing, They are simply not built to last. The quality is solo maybe you’ll get to wear  it 30 times before the stitching comes apart.   Don’t fall into this trap.

Rotate Out Your Old Wardrobe

One of the smartest piece of his advice that I received  is remarkably simple.

Every month, take one old shirt and one pair of pants and replace them.

Every six months, replace one suit.

For Christmas, Hanukkah or any other giftgiving time, ask for premium quality socks, underwear and accessories.

The End: Here’s Your Game plan To Build A Professional Wardrobe On A Budget

This is not a sprint. Acquiring  a high quality, Long-lasting, classic wardrobe takes time. It takes patience.

For starters, focus on saving a little bit of money every single month. Focus on the quality of the clothes that you’re purchasing and even look at purchasing from secondhand stores.

Furthermore, clean out your old clothes and see if there’s anything that you can continue to use. If not, get rid of it.

Avoid crappy clothes that you might find at a cheap price. Sometimes cheap is just too expensive.

Lastly, rotate out your old wardrobe on a monthly basis: one shirt one pair of pants every month.

What are you think? Leave me a comment below…