How much money do you spend on clothes a year?
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Studied at the University of Cambridge, Lives in Cambridge, UK.
The 5% Rule. Most financial experts say around 5% of your budget. So, take whatever your monthly pay is and multiply it by .05. So, if you take home $3500 per month after taxes, you would (in theory) spend no more than $175 each month on clothes, or $2100 a year (for those who like to shop just 2-3 times each year.)Apr 1, 2018
2023-06-11 16:06:26
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The 5% Rule. Most financial experts say around 5% of your budget. So, take whatever your monthly pay is and multiply it by .05. So, if you take home $3500 per month after taxes, you would (in theory) spend no more than $175 each month on clothes, or $2100 a year (for those who like to shop just 2-3 times each year.)Apr 1, 2018