49: Clothes Through an Investment Lens - a podcast by Danielle G. Nava, CFP® and Dustin R. Granger, CFP®

from 2018-10-25T13:00

:: ::

 

Men’s style can be confusing these days with skinny jeans and bow ties being all the rage. But dressing for success is as important as ever. Ensuring that your wardrobe lasts more than just a season and that you look great for every occasion doesn’t have to be a burden. If you look at clothing through an investment lens and remember 3 easy tips you can create a signature look that will stand the test of time. Are you ready to discover 3 ways that you can make an investment in yourself through your wardrobe? Listen to this episode of Worth It to hear how you can turn your closet into an investment in yourself.

Here’s What You’ll Learn

  • [2:45] It’s hard to dress right these days
  • [6:52] Think of clothing through an investment lens
  • [9:10] Clothing should show your ideal you
  • [16:35] Fit matters
  • [18:16] Buy high quality and low quantity
  • [25:29] Buy timeless clothing

Your clothing choices should show your ideal self

They say that you should dress for success, but what exactly does that mean? You have to think about who you want to be. Knowing who your ideal self is will help you find your style. How do the most successful dress in your field of expertise? There are great ideas all around you to help you create the style that is just right for you. You can also look to characters in movies and on tv to help you find your look. Clothes that fit correctly go a long way to creating the ideal look. If it doesn’t fit well, get rid of it! Women have known for years how to create a wardrobe that makes them look their best, it’s time that men catch up. Listen to this episode to hear how to choose the right clothes to show your ideal self.

Buy high-quality pieces that last

If you are thinking of clothing through an investment lens then spending extra money on high-quality pieces that will last for generations then price takes on a whole new meaning. Yes, you will spend more money at the outset but the beautiful thing about buying quality pieces is that you don’t have to buy a lot. Quality means so much more than quantity. Men only need a few pairs of shoes, belts, and other accessories that will stand the test of time. There are great ways that you can save money on your favorite brands, find out how on this episode of Worth It.

Buy timeless clothing

If you’ve seen the tv show Mad Men then you know that quality clothing never goes out of style. Well-fitting suits, jeans, chinos, and blazers are pieces of classic fashion that have stood the test of time. Did your grandfather have a wardrobe piece that was handed down to you, or have you ever discovered a classic thrift store find? These are examples of clothing that stands the test of time. You can look current without being trendy by including timeless staples in your wardrobe. One way to think about a clothing purchase is to ask yourself if you could still wear the item when you are 50, 60, or even 70 years old.

Be current instead of being trendy

By mixing and matching high quality, timeless pieces that fit well you can create a wardrobe that shows your true self. It may seem like a lot of money when you are purchasing them, but an investment in yourself is always worth it. Remember that quality made clothing and accessories are built to last many years, unlike trendy low-quality items that are only made to last a season or two. When you see a piece that speaks to you, trust your gut and go for it and wear your clothing with love. Find out the best ways to invest in yourself through your wardrobe on this episode of Worth It.

Resources & People Mentioned

Connect With Danielle and Dustin

Further episodes of Wealth by Design

Further podcasts by Danielle G. Nava, CFP® and Dustin R. Granger, CFP®

Website of Danielle G. Nava, CFP® and Dustin R. Granger, CFP®